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Renovated Multifamily Property, Tenant Occupied

2886 Croton Ln, West Palm Beach, FL 33403

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For Sale

$249,999

Renovated multifamily property with updated systems and high cap rate.

Type:Investment

HighLights

High 12% Cap Rate
Completely renovated units, featuring one 1/1 and two studios
Updated HVAC system
Updated electric system
Updated water heater
Tenant occupied

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Listing Contact

Lisa B. Levy

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For Sale

$249,999

Renovated multifamily property with updated systems and high cap rate.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:40 pm

Property Features for 2886 Croton Ln

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1961

We can help!

Listing Contact

Lisa B. Levy

Listing agent Lisa B. Levy License #3240013

Listing office LoKation Real Estate

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of LoKation Real Estate

HighLights

High 12% Cap Rate
Completely renovated units, featuring one 1/1 and two studios
Updated HVAC system
Updated electric system
Updated water heater
Tenant occupied

Overview

This multifamily property features one 1-bedroom, 1-bathroom unit and two studio units, each with a bathroom and small kitchen. The property has been completely renovated and is currently tenant-occupied. Updates include the electric system, water heater, and HVAC. The property's capitalization rate is 12%. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 64, indicating it is somewhat walkable.

Location Intelligence

Current Use by Public Records

Multifamily properties

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Location Insight

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Local Demand

City: West Palm Beach
County: Palm Beach
State: Florida
Longitude: -80.0802862
Latitude: 26.8107631

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What type of property is this?

Multifamily property - Renovated multifamily property with updated systems and high cap rate.

Where is this multifamily property located?

The property is located at 2886 Croton Ln West Palm Beach, FL.

What is the asking price?

The asking price for this property is $249,999.

What are key features of this property?

This property features: High 12% Cap Rate; Completely renovated units, featuring one 1/1 and two studios; Updated HVAC system

2886 Croton Ln, West Palm Beach, FL 33403

Renovated multifamily property with updated systems and high cap rate.

Property Features for 2886 Croton Ln

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

West Palm Beach Commercial Building

Premier Office Building For Sale

West Palm Beach Commercial Property

Medical Office Suite with Recovery Room

Freestanding Two-Story Office Building

West Palm Beach Multifamily Gem

Income-Producing Multifamily Property

West Palm Beach Industrial Condo

Income-Producing Duplex in West Palm

Downtown West Palm Beach Redevelopment

Quadplex with Oversized Lot

Retail Space Near Airport

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