5167 PURDY Lane
West Palm Beach, FL 33415
$1,250,000
Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!
| List Price: | $1,250,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 1,960 |
| Tax Annual Amount: | $10,497 |
| Lot Size Acres: | 0.44 |
| Waterfront?: | No |
| Subdivision: | Laura Lane Unrec On Am-52 |
| Year Built: | 1973 |
| Association?: | No |
| Basement Yn: | No |
| Building Area Source: | PublicRecords |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling: | CentralAir, CeilingFans |
| Elementary School: | Forest Hill |
| Exterior Features: | None |
| Fencing: | Partial |
| Heating: | Central, Individual |
| High School: | John I. Leonard |
| Listing Contract Date: | 2026-11-11 |
| Lot Features: | QuarterToHalfAcreLot |
| Middle Or Junior School: | L. C. Swain |
| MLS Area Major: | 5510 |
| Mobile Dim Units: | Feet |
| New Construction?: | No |
| Number Of Units In Community: | 4 |
| Original List Price: | $1,250,000 |
| Parcel Number: | 00424414030000010 |
| Parking Total: | 8 |
| Pets Allowed: | No |
| Possession: | CloseOfEscrow |
| Postal City: | West Palm Beach |
| Property Condition: | Resale |
| Roof: | Shingle |
| Sewer: | SepticTank |
| Special Listing Conditions: | Standard, ListedAsIs |
| Stories Total: | 1 |
| Tax Year: | 2026 |
| Current Price: | $1,250,000.00 |
| Country Subdivision: | 12099 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12099:00424414030000010 |
| Listing Id: | B26099242 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| City: | West Palm Beach |
| County Or Parish: | Palm Beach |
| Postal Code: | 33415 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Building Area Total: | 1960.0 |
| Cooling?: | Yes |
| Flooring: | Laminate, Tile, Vinyl |
| Heating?: | Yes |
| Laundry Features: | WasherHookup, Inside, LaundryRoom |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional, Other |
| Living Area Source: | PublicRecords |
| Lot Size Area: | 19117.0 |
| MLS Area Minor: | Pb22 |
| Number Of Separate Electric Meters: | 4 |
| Number Of Separate Water Meters: | 4 |
| Pool Private?: | No |
| Postal Code Plus4: | 7242 |
| Public Survey Township: | 00 |
| Senior Community?: | No |
| State Or Province: | FL |
| Tenant Pays: | CableTv, Electricity, Water |
| Utilities: | CableAvailable, ElectricityNotAvailable, PhoneAvailable, WaterAvailable |
| Water Source: | MultipleMeters, Public |
| Zoning: | RM |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 263006682 |
| Pets Allowed Yn: | No |
| Record Signature: | -545,384,266 |
Listing Courtesy of: One Sotheby's International Realty
Listing Agent: Kayla Foriere Robinson
561-667-9992
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on November 12, 2026 02:54 AM - ET
Property Last Updated: November 12, 2026 02:54 AM - ET
