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4727 Myrtle Lane, West Palm Beach FL 33417

Multi-family For Sale
$550,000

BTC: 8.85668277

ETH: 326.85564866

32 days
0 room(s)
1,710 sqft

Overview

This income-producing duplex presents a fantastic opportunity for both investors and owner-occupants seeking flexibility, space, and long-term potential in a convenient West Palm Beach location. Situated on a generously sized lot with ample parking and outdoor space, this property features two separate units—4727 and 4729 Myrtle Lane—each offering comfortable layouts, updated features, and private entrances. Unit 4729 is currently tenant-occupied, providing immediate rental income potential. Continuation.... Inside, you'll find bright and functional open-concept living and dining areas with neutral tile flooring throughout, recessed lighting, and a seamless flow perfect for everyday living and entertaining. The updated kitchens feature granite countertops, rich wood cabinetry, stainless steel appliances, modern fixtures, and plenty of cabinet and prep space, creating a stylish yet practical environment for cooking and gathering. The property offers spacious bedrooms and well-appointed bathrooms, making each unit comfortable for tenants or extended family living arrangements. Large windows throughout provide excellent natural light, while the practical floor plans maximize usable living space. The expansive backyard offers additional outdoor potential with room for entertaining, relaxing, or future enhancements. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this duplex delivers versatility and value. Conveniently located near major roads, shopping, dining, schools, and local amenities, the property offers easy access to everything West Palm Beach has to offer. Property features include: Duplex with two separate units: 4727 & 4729 Myrtle Lane Unit 4729 currently tenant-occupied Spacious living and dining areas Updated kitchens with granite countertops Stainless steel appliances Tile flooring throughout Recessed lighting Large backyard and outdoor space Ample parking Excellent investment or owner-occupant opportunity A rare chance to own a multi-unit property with strong income potential, functional layouts, and desirable upgrades in a growing West Palm Beach location.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1963
Lot:
0.23 Acres
Heating:
Central
Price/sqft:
$322
Cooling:
Ceiling Fan(s) / Central Building A/C / Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$263K – $665K
Confidence Low
List vs. estimate
At estimate
List $550,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$321
-8.0% vs. city median $349
Based on
5 MLS comparables
+ 26 public-records sales within 0.5 mi
Median actual sale: $265K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,802
2025
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Building A/C

    • Central Air

    • Zoned

  • Property

    • Levels: 1

    • Exterior Features: Other

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 00424325030000500

    • Zoning: RH

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Septic

    • Water Connected

    • Cable Available

    • Water Available

  • Other financial information

    • Annual tax amount: $11,802

  • Source details

    • MLS ID: B26026108

    Other facts

    • Construction Materials: CBS Construction / Frame / Frame With Stucco / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Septic

    • Architectural Style: Twin Home / Half Duplex / One Story / Twin Homes

    • Living Area: 1710

    • Water Source: Public

    • Subdivision Name: MERLIN PARK REVISED

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW Reserve Palm Beach