Quadplex with Renovations
For Sale
Contact for pricing
518 Biscayne Drive, West Palm Beach, FL 33401
Four-unit multifamily property with updated interiors, ongoing exterior work, and access to dining, retail, education, and downtown West Palm Beach.
Property Size3,612 SF
Days on Market170
Property Features for 518 Biscayne Drive
General Information
Standard status
Active
Size
3,612 SF
Property subtype
Multifamily
Net Operating Income
$69,395
Additional Details
Multifamily Units
4
Building Details
Building Size
3,612 SF
Year Built
1925
Listing Agency:
eXp Commercial
Listed By:
Chad Massaker, MICP · License #FL #BK3467373
(561) 810-3537
Source:
7s
Added: Mar 18
Changed: Sep 1
Last Checked: Sep 2 at 4:14PM
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 eXp Commercial
Investment Insights
Based on property information with market context.
This four-unit multifamily property, built in 1925, is undergoing unit and site improvements. Two residences have completed kitchen and bathroom renovations, while the remaining units are scheduled for comparable updates. The work includes new cabinetry, sinks, Samsung appliances, vanities, showers, and tile. HVAC service has been completed across all four units, and additional projects include roof resealing, concrete repairs to the back patio, landscaping, and fence work. Three units are occupied, with current rents described as below market.
The property is in Flamingo Park in West Palm Beach, within walking distance of Antique Row, Jeff Green Private School, Konro, and the Park Place retail development. It is two blocks from the Intracoastal Waterway and approximately 1.5 miles from Palm Beach beaches. Downtown West Palm Beach, Clematis Street, The Square, Palm Beach Atlantic University, and Palm Beach International Airport are also nearby. The property has a Walk Score of 84.
The property is in Flamingo Park in West Palm Beach, within walking distance of Antique Row, Jeff Green Private School, Konro, and the Park Place retail development. It is two blocks from the Intracoastal Waterway and approximately 1.5 miles from Palm Beach beaches. Downtown West Palm Beach, Clematis Street, The Square, Palm Beach Atlantic University, and Palm Beach International Airport are also nearby. The property has a Walk Score of 84.
Key Highlights
- Four‑unit multifamily property built in 1925
- Two of four units have completed kitchen and bathroom renovations
- Three of four units are currently occupied
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with updated interiors, ongoing exterior work, and access to dining, retail, education, and downtown West Palm Beach.
Where is this quadplex located?
The property is located at 518 Biscayne Drive West Palm Beach, FL.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1925; Two of four units have completed kitchen and bathroom renovations; Three of four units are currently occupied
