$750,000
West Palm Beach, FL 33401
MLS# B26079451
3060 sqft
1 / 7
Property Description
Great pricing on 5 unit in Mercer Park area of West Palm Beach. Just minutes to downtown WPB! These five units consist of 3- two bedrooms, 1- one bedroom and a studio. Off street parking for 7 cars. Gross income of $88,000/year. Property is wood frame and roof is older. All this is reflected in price. Please review inspection report prior to scheduling any showings
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Owner Phone: 561-815-1788
Negotiable Seller Concessions YN: Yes
Seller Represented YN: Yes
Listing Date: 2026-09-23
Status: Active
Original List Price: 795000
List Price: $750,000
Current Price: $750,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Municipality Type: Incorporated
Municipal Code: 74
Postal Zip: 33401
Geographic Area: PB20
Subdivision Number: 13
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1331
Street Name: LONGWOOD
Street Suffix: Street
State Or Province: FL
Postal Code: 33401
Postal Code +4: 6818
Subdivision Name: MERCER PARK
Area: 5430
Elementary School: Roosevelt
Middle Or Junior School: Conniston Community
High School: Forest Hill
Parcel Number: 74434328130010240
Zoning: MF14 (city)
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2866
Living Area Main: 3060
Living Area Source: Appraiser
Lot Size Dimensions: 50.0 ft x 115.0 ft
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 7
Lot Size Area: 5753
Senior Community YN: No
Outdoor Living Spaces YN: No
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 2
Stories: 2
Pool Private YN: No
LP/Assessed Value: 1.8
Property Sub Type: Quadruplex
Building Area Main: 3060
Building Area Source: Public Records
Year Built: 1925
Lot Size Acres: 0.13
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 416710
Assessor Market Value: 488371
Tax Annual Amount: 8715.81
Tax Year: 2025
Tax Legal Description: MERCER PARK REPL LT 24 BLK 1
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Back on Market Date: 2026-10-26
Major Change Timestamp: 2026-10-26T15:04:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T15:04:41Z
Status Change Date: 2026-10-26
Electric
Circuit Breakers: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Vinyl: 1
Wood: 1
Foundation Details
Concrete Perimeter: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Rent Rolls: 1
Fencing
Partial: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 5
Number Of Separate Electric Meters: 5
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Repairs: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Available: 1
Water Available: 1
Heating
None: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30
Water Access
None: 1
Window Features
Blinds: 1
Single Hung Metal: 1
Construction Materials
Aluminum Siding: 1
Frame: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Wood Truss/Rafter: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 24600
Gross Income: 88440
Net Operating Income: 59340
Operating Expense: 29100
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Main Living Area
Entry Level: 1
Membership
No Membership Available: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Breed Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Partial
Storm Protection Details
None: 1
Tax Information
City/County: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1595
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 720
Unit 1 Interior Features
Walk-In Closet(s): 1
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-10-14
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 500
Unit 2 Interior Features
Walk-In Closet(s): 1
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-12-31
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Foyer: 1
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 720
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-12-31
Occupant Type: Tenant
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Family Room: 1
Kitchen: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1750
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 720
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-07-31
Occupant Type: Tenant
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Parking Space: 1
Unit 4 Rooms
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 245.09
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20260923115657510875000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deposit - Security; Rent Rolls
Electric: Circuit Breakers
Exterior Features: None
Fencing: Partial
Flooring: Laminate; Vinyl; Wood
Foundation Details: Concrete Perimeter
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity; Insurance; Repairs
Source Of Expenses: Owner Provided
Construction Materials: Aluminum Siding; Frame
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: None
Levels: Two
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Membership: No Membership Available
Pets Allowed YN: Yes
Pets Allowed: Breed Restrictions
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Shingle; Wood Truss/Rafter
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Connected; Electricity Connected; Sewer Available; Water Available
Water Access: None
Water Source: Public
Window Features: Blinds; Single Hung Metal
Showing Requirements: 24 Hour Notice
Unit 1 Appliances: Range; Refrigerator
Unit 1 Interior Features: Walk-In Closet(s)
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Interior Features: Walk-In Closet(s)
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Foyer; Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Family Room; Kitchen
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Family Room; Kitchen
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Inspection Report 
Listing Office: JD Bols & Associates
Last Updated: October - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
