4108 Greenwood Avenue, West Palm Beach, FL 33407
- Added:
- Aug 21, 2025
- Days on Market:
- 294
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 4108 Greenwood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- SF7(ci
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Fencing
- Fenced
- Standard status
- Active
- APN
- 74434304130010050
- Size
- 1,548 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 74434304130010050
- Tax Annual Amount
- 5939
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s), Electric
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Arkeshia Love License #3564977 (954) 993-8560
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Aug 21, 2025
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
- Two separate units, each with its own electric meter
- Long‑term tenants currently in place
- Stucco exterior with tile flooring
- Electric heating with electric and window/wall unit cooling
- 3 bedrooms and 2 bathrooms across the rooms listed
- Built in 1947 with a composition roof and fenced property
Overview
The property is located in West Palm Beach, Florida, in Palm Beach County. The property is listed under zoning described as SF7(ci. The address is 4108 Greenwood Avenue, West Palm Beach, FL 33407.
For investors or owner-users seeking a manageable residential asset, the two separate units and individual electric meters can simplify operations and tenant billing compared with a single-meter arrangement. With both units under long-term tenancy, buyers can evaluate the property as a duplex offering on-site income while considering updates to align the interiors with current market preferences. The listed size is 1,548 square feet.
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 | $43.7k | $28.20 |
| − Vacancy | −$2.3k | −$1.47 |
| EGI | $41.4k | $26.73 |
| − OpEx | −$12.4k | −$8.02 |
| NOI | $29.0k | $18.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.060552
- Latitude
- 26.749877