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1531 DREXEL RD, West Palm Beach FL 33147

House For Sale
$115,000

BTC: 1.39427740

ETH: 43.39622642

5 days
3 bds
2 ba

Overview

Excellent investment opportunity in West Palm Beach! This property features a 3-bedroom, 2-bathroom manufactured home currently rented for $2,200 per month, plus a separate 2-bedroom, 1-bathroom additional unit generating $1,400 per month. Combined rental income is $3,600 per month, providing an attractive income-producing opportunity for investors or buyers looking for a property with existing rental income. Conveniently located near major roads, shopping, dining, and everyday amenities. Buyer to verify all measurements, zoning, permitted uses, and rental information.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1998
Lot:
No Data
Heating:
Electric
Price/sqft:
No Data
Cooling:
None
HOA:
$1,070

Valuation

Our model vs. what's actually selling nearby.
Estimate
$440,000
$203K – $2.9M
Confidence Low
List vs. estimate
$325K below estimate
List $115,000 · -73.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 12 public-records sales within 0.5 mi
Median actual sale: $447K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,870
2026
HOA
$1,070/mo
View
None
Garage
2 car garage
All facts and features
  • Heating

    • Electric

    Cooling

    • None

    Appliances

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • Cooking Island

    • Dome Kitchen

    • Laundry Tub

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Other Property Information

    • Parcel Number: 00424327000003010

    • Zoning: AR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Mobile Home

  • Other financial information

    • HOA: $1,070

    • HOA Frequency: Monthly

    • Annual tax amount: $12,870

  • Source details

    • MLS ID: A12093532

    Other facts

    • Construction Materials: Aluminum Siding

    • Laundry Features: Laundry Tub

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck

    • Direction Faces: East

    • Architectural Style: Detached / Manufactured

    • Garage Spaces: 2

    • Garage: Yes

    • Water Source: Municipal Water

    • Subdivision Name: MEADOWBROOK

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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Market around this address

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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: LPT Realty, LLC