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Remodeled CBS Duplex

4116 Plumosa Street West Palm Beach, FL 33406

New
4116 Plumosa Street, West Palm Beach, FL, 33406
$725,000
For Sale
$725,000

MULTI_FAMILY - West Palm Beach, FL

Property Size2,250 SF
Lot Size0.27 Acres
Price / SF$322.22
Days on Market5

Property Features for 4116 Plumosa Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM
Bedrooms
5
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2
Patio and Porch features
Porch, Patio
Pets allowed
Yes, No
Exterior features
Courtyard, Storage
Fencing
Gate, Fenced
Standard status
Active
APN
00424412100030130
Size
2,250 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PINE AIR SUB LT 13 & W 25 FT OF LT 14 BLK C
Tax Annual Amount
9426

Utilities

Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1973
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS
Roof type
Shingle
Additional Structures
Outbuilding, Storage
Listing Agency KW Reserve Palm Beach
2041 Vista Parkway Ste. 201, West Palm Beach, FL
Listed by Loodmy Jacques · License #3222697
Added: Jul 16 Updated: Jul 20 at 9:57 pm Checked: Jul 20 at 11:06 pm
MLS# B26053088 Listing URL

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.


Investment Insights

Based on property information with market context.

This CBS duplex offers two separate residential units with updated interiors and tile flooring throughout. The larger unit includes 3 bedrooms and 2 bathrooms, along with a washer and dryer. The second unit features 2 bedrooms and 1 bathroom, and both units have private fenced backyards and parking. The property is equipped with central A/C and complete impact windows, and each unit has its own separate electric meter.

The home is city-serviced with city water and uses septic sewer with a newer drainfield. Both units are currently tenant-occupied on month-to-month leases.

The larger unit’s in-unit laundry is stated as included, while the smaller unit washer and dryer does not convey and is described as belonging to the tenant (hook-ups only).

Key Highlights

  • CBS duplex built in 1973 with tile flooring, central heating, and central A/C
  • Two units: one 3‑bedroom/2‑bath and one 2‑bedroom/1‑bath, each with a private fenced backyard
  • Impact windows installed on both units

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 $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 (±1% cap)
NOI $42,105 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$559.4K
$489.5K – $652.7K (±1% cap)
NOI $39,160 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,920 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store Plumbing Service Butcher Electrical Service Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - CBS duplex with two remodeled units, central A/C, impact windows, private fenced backyards, and separate electric meters.
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: CBS duplex built in 1973 with tile flooring, central heating, and central A/C; Two units: one 3‑bedroom/2‑bath and one 2‑bedroom/1‑bath, each with a private fenced backyard; Impact windows installed on both units
Contact an agent
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