Residential Income
4373 VENUS Avenue West Palm Beach, FL 33406
For Sale
$995,000
For sale triplex offered as a residential income property.
Property Size1,803 SF
Price / SF$551.86
Days on Market8
Property Features for 4373 VENUS Avenue
General Information
Standard status
Active
Size
1,803 SF
Property subtype
Triplex
Building Details
Year Built
1956
Listing Agency:
VantaSure Realty LLC
(954) 529-9203
Listed By:
Desare A Kohn-Laski · License #A11982609
(954) 529-9203
Source:
Riserealty
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 29 at 6:09AM
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 VantaSure Realty LLC
Investment Insights
Based on property information with market context.
This for-sale residential income triplex offers a multi-unit configuration within a single property. It is listed under Triplexes, Multifamily properties, and Residential income properties.
The property is located at 4373 Venus Avenue in West Palm Beach, Florida. No additional details were provided regarding unit mix, square footage, or interior or exterior features beyond the overall property size of 1,803.
Interested buyers or brokers should confirm all income, layout, and condition details directly as part of their due diligence.
The property is located at 4373 Venus Avenue in West Palm Beach, Florida. No additional details were provided regarding unit mix, square footage, or interior or exterior features beyond the overall property size of 1,803.
Interested buyers or brokers should confirm all income, layout, and condition details directly as part of their due diligence.
Key Highlights
- Residential income triplex
- Built in 1956
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 | $50.8k | $28.20 |
| − Vacancy | −$2.6k | −$1.47 |
| EGI | $48.2k | $26.73 |
| − OpEx | −$14.5k | −$8.02 |
| NOI | $33.7k | $18.71 |
1,803 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$482.0K
$421.8K – $562.3K
NOI $33,740 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$448.3K
$392.3K – $523.0K
NOI $31,380 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,884 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - For sale triplex offered as a residential income property.
Where is this triplex located?
The property is located at 4373 VENUS Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Residential income triplex; Built in 1956
