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2779 EMORY Drive W, West Palm Beach FL 33415

Commercial For Sale
$1,520,000

BTC: 19.11949686

ETH: 625.00000000

New
0 room(s)

Overview

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*

Location

Details

Type:
Business Opportunity
Parking:
No Data
Year Built:
1981
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,500
$77K – $1.2M
Confidence Low
List vs. estimate
$1.3M above estimate
List $1,520,000 · +509.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $125K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,601
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    Other Property Information

    • Parcel Number: 00424414430010050

  • Type and style

    • Property Type: Business Opportunity

    • Property Sub Type: Commercial

  • Other financial information

    • Annual tax amount: $20,601

  • Source details

    • MLS ID: B26092549

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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.

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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: Real - ativity