Residential Income
4116 Plumosa Street West Palm Beach, FL 33406
For Sale
$725,000
Duplex residential income property available for sale in West Palm Beach, Florida.
Property Size2,250 SF
Price / SF$322.22
Days on Market10
Property Features for 4116 Plumosa Street
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1973
Listing Agency:
KW Reserve Palm Beach
(561) 678-5584
Listed By:
Loodmy Jacques · License #A11982609
(561) 678-5584
Source:
Riserealty
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 25 at 11:47AM
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 KW Reserve Palm Beach
Investment Insights
Based on property information with market context.
This residential income duplex offers a multifamily configuration presented as a for-sale investment property. The asset is sized at 2,250 square feet.
Located at 4116 Plumosa Street in West Palm Beach, Florida, the property is positioned within a residential area of Palm Beach County.
If you’re evaluating income-focused residential multifamily options, this duplex provides a straightforward duplex format for review.
Located at 4116 Plumosa Street in West Palm Beach, Florida, the property is positioned within a residential area of Palm Beach County.
If you’re evaluating income-focused residential multifamily options, this duplex provides a straightforward duplex format for review.
Key Highlights
- Duplex residential income property for sale in West Palm Beach, Florida
- Built in 1973
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 | $63.5k | $28.20 |
| − Vacancy | −$3.3k | −$1.47 |
| EGI | $60.2k | $26.73 |
| − OpEx | −$18.0k | −$8.02 |
| NOI | $42.1k | $18.71 |
2,250 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$601.5K
$526.3K – $701.8K
NOI $42,105 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$559.4K
$489.5K – $652.7K
NOI $39,160 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,920 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex residential income property available for sale in West Palm Beach, Florida.
Where is this duplex located?
The property is located at 4116 Plumosa Street West Palm Beach, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex residential income property for sale in West Palm Beach, Florida; Built in 1973
