Quadplex
For Sale
$270,000
4774 Orleans Court C, West Palm Beach, FL 33415
Established residential property with a single-story, 3-bedroom, 2-bathroom layout in West Palm Beach.
Property Size1,312 SF
Price / SF$205.79
Days on Market64
Property Features for 4774 Orleans Court C
General Information
Standard status
Active
Size
1,312 SF
Property subtype
Quadruplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,062
Building Details
Building Size
1,312 SF
Year Built
1982
Buildings
1
Stories
1
Listing Agency:
Tropical Realty Advisors
Listed By:
Julio Enrique Leonardo · License #579246
(954) 650-7522
Source:
Darlenestreit
Added: Aug 6
Changed: Oct 5
Last Checked: Oct 7 at 2:56PM
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 Tropical Realty Advisors
Investment Insights
Based on property information with market context.
This residential property is classified as a quadplex and includes a single-story layout with 3 bedrooms and 2 bathrooms. The finished living area measures 1,312 square feet, with a design described as functional and efficient for everyday use.
The property is located at 4774 Orleans Court C in West Palm Beach, Florida, within the Forest Glen community. Originally built in 1982, it offers an established residential setting and a defined layout for evaluation by buyers seeking a multifamily asset.
The property is located at 4774 Orleans Court C in West Palm Beach, Florida, within the Forest Glen community. Originally built in 1982, it offers an established residential setting and a defined layout for evaluation by buyers seeking a multifamily asset.
Key Highlights
- Classified as a quadplex property
- 3‑bedroom, 2‑bathroom residential layout
- 1,312 square feet of finished living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,552
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,040
$491.0K
Cap Rate 7%
$350,743
$350.7K
Cap Rate 9%
$272,800
$272.8K
Market Conditions
NOI Build-Up for 1,312 SF
Gross rent
$37.0K $28.20/SF
− Vacancy
−$1.9K −$1.47/SF
EGI
$35.1K $26.73/SF
− OpEx
−$10.5K −$8.02/SF
NOI
$24.6K $18.71/SF
Area
West Palm Beach, FL
Vacancy
5.20%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,040
Cap Rate 7%
$350,743
Cap Rate 9%
$272,800
Alternative Uses
Best Use
Multifamily LT 5
$350.7K
$306.9K – $409.2K
NOI $24,552 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$326.2K
$285.4K – $380.6K
NOI $22,835 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$924.0K
$808.5K – $1.08M
NOI $64,679 @ 7.0% cap · market cap 23.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 33415, FL
51,251
Population
20,364
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
7.3 sq mi
ZIP Area
7,021
Density / Sq Mi
$57,199
Median Household Income
$35,146
Median Earnings
$1,597
Median Rent
$220,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Established residential property with a single-story, 3-bedroom, 2-bathroom layout in West Palm Beach.
Where is this quadplex located?
The property is located at 4774 Orleans Court C West Palm Beach, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Classified as a quadplex property; 3‑bedroom, 2‑bathroom residential layout; 1,312 square feet of finished living space
