2737 EMORY Drive W, #D
West Palm Beach, FL 33415
$550,000
7.7% Cap Rate, $42,765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath,(1) 2bed/1bath, (2)1bed/1.5bath 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 $12,150 transfer. This structure consolidates 4 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. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*
| List Price: | $550,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 3,296 |
| Tax Annual Amount: | $8,146 |
| Waterfront?: | No |
| Subdivision: | Cresthaven / Pine Ridge / Kings Point |
| Year Built: | 1981 |
| Association Fee: | $21,989 |
| Association Fee Frequency: | Annually |
| Association Fee Includes: | Insurance |
| Association?: | Yes |
| Basement Yn: | No |
| Building Area Source: | Other |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling: | CentralAir |
| Elementary School: | Forest Hill |
| Exterior Features: | Storage |
| Heating: | Central |
| High School: | Dr. Joaquin Garcia |
| Listing Contract Date: | 2026-10-25 |
| Middle Or Junior School: | Okeeheelee |
| MLS Area Major: | 5720 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Original List Price: | $550,000 |
| Parcel Number: | 00424414430050040 |
| Parking Total: | 4 |
| Pets Allowed: | No |
| Pool Features: | Association |
| Possession: | Other |
| Postal City: | West Palm Beach |
| Roof: | Composition |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 1 |
| Tax Year: | 2025 |
| Current Price: | $550,000.00 |
| Country Subdivision: | 12099 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12099:00424414430050040 |
| Listing Id: | B26092561 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $21,989 |
| City: | West Palm Beach |
| County Or Parish: | Palm Beach |
| Postal Code: | 33415 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Association Amenities: | Pool |
| Building Area Total: | 3296.0 |
| Common Interest: | Condominium |
| Cooling?: | Yes |
| Electric: | Amps150 |
| Financial Data Source: | Owner |
| Flooring: | EngineeredHardwood, Tile |
| Gross Income: | $72,900 |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveAgency |
| Listing Terms: | Cash |
| Living Area Source: | Other |
| MLS Area Minor: | Pb19 |
| Net Operating Income: | $42,765 |
| Number Of Separate Electric Meters: | 4 |
| Number Of Separate Water Meters: | 4 |
| Postal Code Plus4: | 7966 |
| Public Survey Township: | 00 |
| Senior Community?: | Yes |
| State Or Province: | FL |
| Tenant Pays: | Electricity, Sewer |
| Utilities: | CableConnected, SewerConnected, WaterConnected |
| Water Source: | MultipleMeters, Public |
| Zoning: | RM |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 276547211 |
| Record Signature: | -1,648,325,902 |
Listing Courtesy of: Real - ativity
Listing Agent: Elizabeth A Lewis
561-512-4682
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BeachesMLS data last updated on October 26, 2026 06:00 AM - ET
Property Last Updated: October 26, 2026 06:00 AM - ET








