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Property profile & analytics
OFF-MARKET
Residential income homes

3961 Park Ln West Palm Beach, FL 33406

Built 1966
Property ID
US18-8313714
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-unit single-family rental portfolio located at 3961 Park Ln, West Palm Beach, Florida, 33406, in Palm Beach County. The property, built in 1966, consists of two single-family homes situated on one lot. One home boasts four bedrooms and three bathrooms, while the other offers one bedroom and one bathroom. Both units feature convenient inside laundry facilities and are fully fenced for privacy. Importantly, both homes are currently leased, ensuring immediate cash flow for the investor. Recent upgrades include new roofs installed in 2021 and fresh exterior paint applied in 2024, minimizing immediate maintenance needs. The property is being offered for sale by the owner at $689,000, representing a price per unit of $344,500. No tours are offered prior to inspection. The seller is motivated and will consider all offers. This is a turnkey investment perfect for a passive income strategy. The seller is retiring and is eager to find a suitable buyer. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable West Palm Beach location.

Property profile
Verified
Property type Residential income homes
Year built 1966
UPID US18-8313714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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