Quadruplex in 5015 N FLAGLER Drive, West Palm Beach, FL 33407 for sale with MLS# B26085831
Prime Location on North Flagler Drive, directly across the street from a City Park directly on the Intracoastal Waterway. All 4 units have Park views and partial water views thru the Park. New Luxury construction projects including Alba, Icon, Mandarin Oriental, and others to expand Billionaire's row along North Flagler Drive. Easy walking distance to La Marina Restaurant, Rybovich Megayacht marina, Currie Park, Downtown WPB, and Palm Beach Island. The land is approximately 80' of frontage on Flager and 125' Deep. Concrete Block Construction, All units are 2 bedroom with 1.5 bathrooms and 4 Laundry Rooms. Each unit has a Park facing Patio. Roof & Impact Windows from 2015, New Electric Service, Tankless WH's, Newer Central AC, 8 parking spots. Seller Financing Available with 35% Down Payment subject to review of Buyer financials. Corporate Tenant in place thru 09/2027 that occupies all 4 units, $10,400 monthly income.
5015 N FLAGLER Drive, West Palm Beach, FL 33407
Price
- Price:
- $2,749,000.00
- Original List Price:
- $2,749,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $644.69
Lease Details
- Tenant Pays:
- Electricity, Repairs, Cable Tv
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 8, 2026 3:42 pm
- Other Special Conditions:
- Property Survey Available, Presently Leased
Measures
- Living Area:
- 4,264 Sqft
- Built-Up Area:
- 4,862 Sqft
- Lot Area:
- 9,612 Sqft
- Lot Size Dimensions and Info:
- 80 x 125
- Building Area Source:
- Assessor
- Living Area Source
- Lot Features:
- Sidewalks
- Lot Size Acres:
- 0.22
Property Features
- View from the Property:
- City, Intracoastal
- Waterfront:
- No
- Exterior:
- Awning(s)
- Patio and Porch:
- Patio, Patio - Covered, Patio - Open
- Windows:
- Other, Insulated Windows, Insulated Windows
- Laundry:
- Electric Dryer Hookup, Gas Dryer Hookup, In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric, Central Individual
- Fence:
- Wood
- Road Responsibility:
- Public Maintained Road
- Storm Protection Impact Glass:
- Complete
- Sprinkler Description:
- Auto Sprinkler, Well Sprinkler
- Storm Protection Details:
- Curr Owner Wind Mitig Cert Avail
Construction
- Year Built:
- 1978
- Roof:
- Shingle
- Number of Units Total:
- 4
- Levels:
- One,two
- Construction Materials:
- Block, Concrete, CBS
- Flooring:
- Tile
- Number of stories:
- 2
- Structure Type:
- Fourplex (Quadruplex)
- Number of Units in the Community or Building:
- 4
- Stories:
- 2
- Road Frontage Type:
- City Street, East of US-1, See Remarks
- Foundation Details:
- Slab
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale, Updated/remodeled
Taxes and Expenses
- Tax Annual Amount:
- $17,509.01
- Tax Year:
- 2025
- Tax Assessed Value:
- $811,278.00
- Property Tax Details:
- City/County, Tax Reflects No Exemptions
Utilities
- Sewer:
- Public Sewer
- Electric:
- Circuit Breakers, 150 Amp Service
- Utilities Available:
- Cable Available, Electricity Available, Natural Gas Connected, Water Connected
- Water Source:
- Public
Community
- Subdivision Name:
- NORTH PALM BCH 1
- Senior Community:
- No
- Association Minimum Credit Score:
- 720
- Association Requires a Minimum Credit Score
- Restrictions:
- Lease Restrictions, See Remarks
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease With Restrictions
Terms
- Documents Available:
- Deposit - Security, Existing Survey, Copy Of Lease(s), Accounting Statements
- Listing Terms Considered by Seller:
- Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), Private Financing Available, 1031 Exchange
- Buyer Possession:
- Subject To Tenant Rights
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- NORTH PALM BEACH PL 1 LT 1 BLK 3 & NORTH PALM BEACH PL 3 PB6P39
- Real Estate Folio Number (Parcel Number):
- 74434304040030010
- Zoning:
- SF7 (city)
Public Schools Assigned
- Elementary School:
- Baldwin Park Elementary
- High School:
- Palm Beach Lakes
- Middle Or Junior School:
- John F. Kennedy (palm Beach)
Listing History
- Active on the market since:
- October 8, 2026
- Listing Agreement executed on:
- October 8, 2026
- Listing Status Last Changed On:
- October 8, 2026 3:42 pm
- Photos updated on:
- October 8, 2026 3:42 pm
- Last Modified:
- October 8, 2026 4:43 pm
Additional Information
- Courtesy of:
- Richard Attenberg RE LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
Location
- Street Name:
- FLAGLER
- Street Number:
- 5015
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33407
- County:
- Palm Beach
- Latitude:
- N26° 45' 22.4''
- Longitude:
- W81° 56' 49.9''
- Street Suffix:
- Drive
- Street Direction Prefix:
- N
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$56,606
Median Home Value
$290,500
Median Rent
$1,551/mo
Median Age
37
Population
34,728
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