Updated Single-Story
5469 Eagle Lake Drive Palm Beach Gardens, FL 33418
For Sale
$404,000
MULTI_FAMILY - Other - Palm Beach Gardens, FL
Property Size1,276 SF
Lot Size0.06 Acres
Price / SF$316.61
Days on Market49
Property Features for 5469 Eagle Lake Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM (city)
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Laundry Room, Bathroom 2, Bathroom 1, Bedroom 2, Family Room, Bedroom 3
Parking
2
Parking features
Guest
Window features
Skylight(s)
Patio and Porch features
Porch, Patio
Pets allowed
Size Limit, Yes
Interior features
Bedroom Layout - Split, Cathedral Ceiling(s), High Ceilings
Exterior features
Awning(s)
Fencing
Fenced
Appliances
Electric Water Heater, Range, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
Standard status
Active
APN
52424135030000983
Size
1,276 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WESTWOOD GARDENS PL 3 LT 98C
Tax Annual Amount
6200
Expense value
250
Expense
Application Fee
Expense freq.
One Time
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Attic Fan, Electric
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Flooring type
Tile, Laminate
Building materials
CBS, Stucco
Roof type
Metal
Architectural style
Other
Listing Agency:
Compass Florida LLC
(561) 285-4794
Listed By:
Alexander C Evert · License #3214036
(561) 346-4764
Added: Jun 11
Changed: Jul 25
Last Checked: Jul 29 at 11:06AM
MLS# B26039874
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 updated, light-and-bright single-story townhouse features 3 bedrooms and 2 bathrooms. Interiors include a modern kitchen with granite countertops, updated bathrooms, tile and high-end laminate flooring throughout, and accordion shutters on sliders. The property also includes a private courtyard patio area, plus a 2019 AC unit, 2019 roof, and a 2020 water heater.
The home is positioned away from the parking lot and is described as a short walk to the community pool and clubhouse. The pet-friendly community provides amenities including a pool, clubhouse, basketball and tennis courts, sidewalks, a tot lot, and a 10-acre lake.
Zoned RM (city), the property is listed as part of a larger residential income offering in Palm Beach Gardens, with access to local shopping and services and proximity described as minutes from I-95, Gardens Mall, Publix, restaurants, and local beaches.
The home is positioned away from the parking lot and is described as a short walk to the community pool and clubhouse. The pet-friendly community provides amenities including a pool, clubhouse, basketball and tennis courts, sidewalks, a tot lot, and a 10-acre lake.
Zoned RM (city), the property is listed as part of a larger residential income offering in Palm Beach Gardens, with access to local shopping and services and proximity described as minutes from I-95, Gardens Mall, Publix, restaurants, and local beaches.
Key Highlights
- 3‑bedroom, 2‑bath single‑story townhouse with split bedroom layout
- Updated kitchen with granite countertops; tile and laminate flooring throughout
- 2019 roof (metal); 2019 AC unit; 2020 water heater
Financial Insights For Apartment 5plus
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 | $37.4k | $29.28 |
| − Vacancy | −$1.7k | −$1.32 |
| EGI | $35.7k | $27.96 |
| − OpEx | −$16.1k | −$12.58 |
| NOI | $19.6k | $15.38 |
1,276 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$280.3K
$245.3K – $327.1K
NOI $19,624 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$898.6K
$786.3K – $1.05M
NOI $62,904 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Updated 3-bedroom, 2-bath single-story townhouse with modern kitchen, private courtyard patio, and recent major systems.
Where is this residential income property located?
The property is located at 5469 Eagle Lake Drive Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $404,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath single‑story townhouse with split bedroom layout; Updated kitchen with granite countertops; tile and laminate flooring throughout; 2019 roof (metal); 2019 AC unit; 2020 water heater
