Listing Agency: REI BY ZIP

Listed By: Eran Reizer · License #FL 3262678

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:59PM

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Investment Insights

Based on property information with market context.

This updated quadplex contains four residential units and is positioned in West Palm Beach, Florida. The property is located at 240 Marlborough Rd in the 33405 ZIP code.

Key Highlights

• Four residential units
• Updated property
• West Palm Beach location

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Tanning Salon Catering Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,113

Businesses Nearby

Explore this area Business Placement

Demographics for 33405, FL

19,369

Population

9,557

Households

2

Avg Household Size

41

Median Age

34%

College-Educated

82%

High-School Grad

4.5 sq mi

ZIP Area

4,304

Density / Sq Mi

$82,945

Median Household Income

$46,450

Median Earnings

$1,432

Median Rent

$401,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Quadplex - Updated multifamily property with four residential units in West Palm Beach.

Where is this quadplex located?

The property is located at 240 Marlborough Rd West Palm Beach, FL.

What are key features of this property?

This property features: Four residential units; Updated property; West Palm Beach location