Remodeled CBS
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
(561) 966-4000
2041 Vista Parkway Ste. 201, West Palm Beach, FL
Listed by
Loodmy Jacques · License #3222697
(561) 678-5584
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).
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
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
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