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Four-Property Multifamily Portfolio
New
For Sale
$550,000

2737 EMORY Drive W, West Palm Beach, FL 33415

Residential Income, West Palm Beach, FL

Property Size3,296 SF
Price / SF$166.87
Days on Market1

Property Features for 2737 EMORY Drive W

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning RM
Bedrooms 6
Full bathrooms 4
Half bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bathroom 7, Bathroom 5, Bathroom 6, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 6
Exterior features Storage
Subdivision CRESTHAVEN / PINE RIDGE / KINGS POINT
Elementary school Forest Hill
Middle school Okeeheelee
High school Dr. Joaquin Garcia
Standard status Active
APN 00424414430050040
Size 3,296 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CRESTHAVEN VILLAS COND NO 32 PAR D BLDG 5
Tax Annual Amount 8146
HOA Fee $21,989 Annually
Legal Description CRESTHAVEN VILLAS COND NO 32 PAR D BLDG 5

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

screened porches
additional storage
in-unit laundry
free-standing laundry room

Building Details

Year built 1981
Floors in Building 1
Number of units 4
Flooring type Engineered, Tile
Building materials CBS
Roof type Composition
Additional Structures Storage
Listing Agency: Real - ativity
Listed By: Elizabeth A Lewis · License #3256279
Added: Oct 25 Last Checked: Oct 25 at 9:06PM
MLS# B26092561

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily portfolio comprises four renovated residences in Palm Beach County 55+ communities. The unit mix includes two two-bedroom homes—one with 1.5 baths and one with one bath—and two one-bedroom homes, each with 1.5 baths. All four residences are leased, and the properties are held through one LLC membership-interest transaction.

Each home has a screened porch and extra storage. Laundry is available either inside the unit or in a separate laundry room within 50 feet. The communities are described as villas or two-story condominiums, and the existing tenants are pet-free. The portfolio has established leasing rights without a seasoning period.

Key Highlights

  • 7.7% cap rate
  • Four leased residences across four properties
  • Unit mix: one 2‑bedroom/1.5‑bath, one 2‑bedroom/1‑bath, and two 1‑bedroom/1.5‑bath homes

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 33415, FL

51,251
Population
20,364
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
7.3 sq mi
ZIP Area
7,021
Density / Sq Mi
$57,199
Median Household Income
$35,146
Median Earnings
$1,597
Median Rent
$220,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four renovated residences are leased in Palm Beach County 55+ communities.
Where is this multifamily property located?
The property is located at 2737 EMORY Drive W West Palm Beach, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7.7% cap rate; Four leased residences across four properties; Unit mix: one 2‑bedroom/1.5‑bath, one 2‑bedroom/1‑bath, and two 1‑bedroom/1.5‑bath homes
More about this property
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