$1,520,000
( $199.95Per Sq Foot )
 $8,160 est/mo Sourced by Back At You

2779 Emory Drive W E,West Palm Beach, FL 33415

West Palm Beach, FL 33415

Share:

Description

6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*

Details

MLS #B26092549
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1981
Days On Site11
Listing Provided ByReal - ativity | Elizabeth A Lewis

Features

SQ Feet7,602
Story(s)2

Taxes

Tax Annual Amount20601

Area Information

StateFL
CountyPalm Beach
CityWest Palm Beach
Zip Code33415
Area5720
SubareaPalm Beach 5660; 5690; 5720; 5750; 5780
Listing VS Median (in 33415)
Price:
$1,520,000
low | high
Med:
$170,000
100% of Average
sqft:
7,602
low | high
Med:
1,328
100% of Average
$ / sqft:
$200
low | high
Med:
$128
85.977132213063% of Average
On site:
11
low | high
Med:
24
45.833333333333% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from PPI Real I Premier Partners at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

Contact

Learn More About This Property

StateFL
CountyPalm Beach
CityWest Palm Beach
Zip Code33415
Area5720
SubareaPalm Beach 5660; 5690; 5720; 5750; 5780
Listing VS Median (in 33415)
Price:
$1,520,000
low | high
Med:
$170,000
100% of Average
sqft:
7,602
low | high
Med:
1,328
100% of Average
$ / sqft:
$200
low | high
Med:
$128
85.977132213063% of Average
On site:
11
low | high
Med:
24
45.833333333333% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 11:47:22 PM PDT