2886 Croton Lane, West Palm Beach, FL 33403
MULTI_FAMILY - West Palm Beach, FL
- Added:
- Jan 6, 2026
- Days on Market:
- 154
- Last Refresh:
- Jun 9 at 10:06 pm
Property Features for 2886 Croton Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RH
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
- Window features
- Blinds
- Pets allowed
- Dogs OK, Yes
- Exterior features
- RV Hookup, Storage
- Standard status
- Active
- APN
- 00434217020050080
- Size
- 1,250 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HILLTOP PARK LOT 8 BLK 5
- Tax Annual Amount
- 2321
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Lisa B. Levy License #3240013 (561) 866-8091
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Jan 6, 2026
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.
HighLights
- Completely renovated manufactured home on land you own with no HOA fees or HOA rules
- Tenant‑occupied long term; reported 12% cap rate
- Unit mix includes a 1 bed/1 bath and two studio units, each with bath and small kitchen
- Updates include electric, water heater, and HVAC
- Central heating and central air, plus wall/window A/C units
- RV hookup and storage; public water and public sewer; composition roof
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $28.20 |
| − Vacancy | −$1.8k | −$1.47 |
| EGI | $33.4k | $26.73 |
| − OpEx | −$10.0k | −$8.02 |
| NOI | $23.4k | $18.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.080271
- Latitude
- 26.810771
