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4616 MYLA Lane West Palm Beach, FL $ 625,000
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$ 625,000 Get more info
4616 MYLA Lane
$ 625,000
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4616 MYLA Lane

West Palm Beach, FL, 33417
$ 625,000
Bedrooms-- Baths0.0 Sq 2,173

Monthly Estimate*

$ 4,317

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Multi-Family Home for sale in West Palm Beach, FL

for $625,000. This 2,173 square foot home was built in 1971 on a lot size of 0.23.

An incredible opportunity to own a well-maintained, income-producing duplex in the heart of West Palm Beach! Situated on an oversized, approximately quarter-acre lot, this solid CBS property features two spacious 3-bedroom, 1-bathroom units, offering an attractive combination of immediate rental income and future growth potential. Both units are occupied by established, long-term tenants, generating a combined $4,200 per month in rental income. With estimated market rents of $2,350 per unit, there's an opportunity to increase returns over time. Pride of ownership is evident throughout, with consistent upkeep and thoughtful improvements, including updated kitchen and bathroom cabinetry in both units since 2019. The roof has also been recently inspected and is reported to be in excellent condition. Outside, the expansive, shaded backyard offers plenty of room to create separate private outdoor spaces for each unit or a welcoming shared area for residents to enjoy. Ideally located with convenient access to major roadways, shopping, dining, and everyday essentials. Whether you're a seasoned investor looking to expand your portfolio or purchasing your first income-producing property, this duplex delivers what matters most: established rental income, desirable layouts, a well-cared-for property, and the potential for even greater returns!

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Multi-Family Active

Price

$ 625,000

Property Type

Multi-Family

Taxes

$ 7,671

Style

Lot Size

0.23

Year Built

1971

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

B26098462
Features
General
Sewer Septic Tank
Heating Central Individual
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Roof Composition
HOA Fee 0
Patio/Porch Features Patio Porch
Construction Materials CBS (Concrete Block Structure) Block
Pets Allowed No Pet Restrictions Yes
Year Built 1971
Electric 3 Phase
Tenant Pays Cable TV Electricity Water
View Other
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2026
Gross Income 0
Waterfront Features None
Accessibility None
County Palm Beach
New Construction false
Property Type Residential Income
Subdivision Name MERLIN PARK REVISED
Status Active
High School Palm Beach Lakes
City West Palm Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5500
Elementary School Egret Lake
Tax Annual Amount 7671.08
Middle/Junior High School Bear Lakes
Property Condition Resale
MLS Area Minor PB22
Standard Status Active
Property Sub Type Additional Duplex
Legal Description MERLIN PARK REV PLAT LOT 27
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Interior
Flooring Ceramic Tile Laminate
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Laundry Features Washer Hookup Electric Dryer Hookup Outside
Total Baths 0
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Exterior
Private Pool false
Exterior Amenities None Outdoor Living Area
Fencing Fenced Partial
Lot Features Fruit Trees Interior Lot < 1/4 Acre
Water Source Multiple Meters Public
Total Parking 6
Lot Size Area 10023
Building Area Total 2358
Lot Size Acres 0.23
Waterfront Y/N false
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* Excluded Features
List By
Kayla Foriere Robinson

Listing Agent

Affordability Calculator

$4,956
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$639
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3850821 Elementary School
3062385 Middle School
Palm Beach Lakes High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/10/2026 $625,000 Listed Price

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4616 MYLA Lane, West Palm Beach, FL, 33417 is a Multi-Family Home for sale at $625,000 with 2,173 sqft and a lot size of 0.23. 4616 MYLA Lane has 0.0 baths and was built in 1971. The property's zip code is 33417 which is in West Palm Beach, FL

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