Quadruplex in 2907 ASHLEY Drive W A, West Palm Beach, FL 33415 for sale with MLS# B26092035

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*

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2907 ASHLEY Drive W A, West Palm Beach, FL 33415

Price
Price:
$1,520,000.00
Original List Price:
$1,520,000.00
List Price per Sq Ft (Calculated, Approx.):
$199.81
Lease Details
Tenant Pays:
Electricity, Water
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 23, 2026 7:07 pm
Measures
Living Area:
7,607 Sqft
Built-Up Area:
7,607 Sqft
Building Area Source:
Other
Living Area Source:
Other
Property Features
Waterfront:
No
Exterior:
Storage
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1968
Roof:
Shingle
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block - Decorative
Flooring:
Tile, Engineered Wood
Number of stories:
2
Structure Type:
Villa
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$20,601.00
Tax Year:
2025
Tax Assessed Value:
$88,954.00
Association Fee:
$50,968.00
Association Fee Frequency:
Annually
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Association Type:
Condominium
Amenities Provided by the Homeowner's Association (HOA):
Pool
Subdivision Name:
Palm Beach County 55+ Assemblage
Association Fee Includes:
Insurance
Senior Community:
Yes
Restrictions:
See Remarks
Leasing Permitted
Terms
Documents Available:
Copy Of Lease(s), Deposit Held, Deposit - Last Months Rent
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
CRESTHAVEN VILLAS NO 7 CONDOMINIUM PARCEL A BLDG 5
Real Estate Folio Number (Parcel Number):
00424413210050010
Zoning:
RM
Listing History
Active on the market since:
October 23, 2026
Listing Agreement executed on:
October 23, 2026
Listing Status Last Changed On:
October 23, 2026 7:07 pm
Photos updated on:
October 23, 2026 7:13 pm
Last Modified:
October 28, 2026 4:24 am
Additional Information
Courtesy of:
Real - ativity
Attribution:
Not provided
Location
Street Name:
ASHLEY
Street Number:
2907
Unit Number:
A
City:
West Palm Beach
State:
Florida
Zip Code:
33415
County:
Palm Beach
Latitude:
N26° 38' 4.6''
Longitude:
W81° 52' 46.6''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $57,199
Median Home Value $220,800
Median Rent $1,597/mo
Median Age 37
Population 53,058
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Association of REALTORS®
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