Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5805 Elder Drive, West Palm Beach FL 33415

Multi-family Recently Sold
$435,000

BTC: 7.03314470

ETH: 272.78028959

Sold on: 2024-09-13
New
0 room(s)
1,768 sqft

Overview

Ideal for investors, this spacious ranch-style home in West Palm Beach offers an opportunity for immediate rental income with no HOA restrictions. Situated on an oversized lot adorned with mango and lychee trees. It boasts a flexible floorplan that can easily be configured into a duplex-style setup, offering a private 1 bedroom, 1 bathroom suite with its own living space on the left and a 3 bedrooms, 2 bathrooms on the right side of the home. The expansive backyard provides ample space to add a pool, enhancing the appeal for tenants seeking leisure and comfort. Additional benefits include impact-resistant windows throughout and a recently updated roof, ensuring low maintenance and peace of mind. This property is a prime investment, ready to generate income in a desirable location.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
0.28 Acres
Heating:
Central / Electric
Price/sqft:
$246
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$437,450
$284K – $601K
Confidence Low
List vs. estimate
At estimate
List $435,000 · -0.6%
List is in line with recent comparable activity.
Price per sq ft
$246
-26.5% vs. city median $334
Based on
20 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $183K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,146
2023
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Levels: 1

    • Exterior Features: Fruit Trees / Room For Pool

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 00424414110220311

    • Zoning: RM/MULTI-FAMIL

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,146

  • Source details

    • MLS ID: R10999152

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Fenced

    • Patio And Porch Features: Patio / Screened Porch

    • Window Features: Complete Impact Glass

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

    • Living Area: 1768

    • Water Source: Public

    • Subdivision Name: Forest Hill Village

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

14 W Palm Avenue, Lake Worth FL 33467
Recently Sold
$343,000
House
4 bds · 2 ba · 1,683 sqft
FLORIDA GARDENS 4, Lake Worth
14 W Palm Avenue, Lake Worth FL 33467
1060 Summit Place Circle # D, West Palm Beach FL 33415
Recently Sold
$355,000
3 bds · 2 ba · 1,332 sqft
SUMMIT PINES UNIT 1, West Palm Beach
1060 Summit Place Circle # D, West Palm Beach FL 33415
353 Greenbrier Drive, Palm Springs FL 33461
Recently Sold
$460,000
House
5 bds · 2 ba · 2,060 sqft
PALM SPRINGS VILLAGE,Palm Springs Village, Palm Springs
353 Greenbrier Drive, Palm Springs FL 33461
Recently Sold
$403,000
Multi-family
0 room(s) · 2,492 sqft
SERUBI COURT RESUB OF TR, Palm Springs
3918 Serubi Ave, Palm Springs FL 33461
417 Talia Circle, Palm Springs FL 33461
Recently Sold
$326,000
Townhouse
3 bds · 2 ba · 1,543 sqft
ESTANCIA AT PALM SPRINGS,Estancia at Palm spr, Palm Springs
417 Talia Circle, Palm Springs FL 33461
5655 Daphne Drive, West Palm Beach FL 33415
Recently Sold
$430,000
House
3 bds · 2 ba · 1,079 sqft
Forest Hill Village, West Palm Beach
5655 Daphne Drive, West Palm Beach FL 33415
194 Marie Drive, West Palm Beach FL 33415
Recently Sold
$499,000
House
3 bds · 2 ba · 1,868 sqft
SOUTHERN BLVD PINES, West Palm Beach
194 Marie Drive, West Palm Beach FL 33415
1222 E E Mountain Dr Drive, West Palm Beach FL 33406
Recently Sold
$350,000
House
3 bds · 2 ba · 1,590 sqft
Collinwood Heights 02, West Palm Beach
1222 E E Mountain Dr Drive, West Palm Beach FL 33406

Market around this address

Live counts in the same area.
View all

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: EXP Realty LLC