4727 Myrtle Lane, West Palm Beach, FL 33417
MULTI_FAMILY - West Palm Beach, FL
- Added:
- May 8, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 24 at 12:06 am
Property Features for 4727 Myrtle Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RH
- Bedrooms
- 6
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 2
- Pets allowed
- Yes, No
- Standard status
- Active
- APN
- 00424325030000500
- Size
- 1,710 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MERLIN PARK REV PL LT 50
- Tax Annual Amount
- 11802
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Zoned, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Tile - Ceramic, Wood
- Building materials
- CBS, Frame, Stucco
- Roof type
- Composition
Listing agent Loodmy Jacques License #3222697 (561) 678-5584
Listing office KW Reserve Palm Beach 2041 Vista Parkway Ste. 201, West Palm Beach, FL (561) 966-4000
Listing date May 8, 2026
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
- Income‑producing duplex with two separate units: 4727 & 4729 Myrtle Lane
- Unit 4729 currently tenant‑occupied, providing immediate rental income potential
- Updated kitchens in each unit with granite countertops and stainless steel appliances
- Neutral tile flooring throughout with central heating and central air, plus zoned cooling
- Spacious bedrooms and well‑appointed bathrooms with recessed lighting and private entrances
- Large backyard, outdoor space, and ample parking on a lot with public water and septic tank sewer
Overview
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 | $48.2k | $28.20 |
| − Vacancy | −$2.5k | −$1.47 |
| EGI | $45.7k | $26.73 |
| − OpEx | −$13.7k | −$8.02 |
| NOI | $32.0k | $18.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.114967
- Latitude
- 26.702026
