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3880 Dale Rd 6 Unit Apartment Building $2,394,857 CAD ($399,143 CAD/Unit) West Palm Beach, FL 33406
INVESTMENT HIGHLIGHTS
- 1976 CBS Construction
- Private Back Porches for All Units
- Immediate Opportunity to Increase Cash Flow
- Two Triplexes on One Parcel
- Within a Designated Opportunity Zone
- Renovated Interiors with Granite & Luxury Vinyl Plank Flooring
EXECUTIVE SUMMARY
3880 Dale Rd offers an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of Palm Springs, one of Palm Beach County’s most active and high-demand rental markets. The asset consists of two CBS triplex buildings situated on a single parcel, providing durable construction and an efficient layout that supports easy management and long-term value.
The property features a unit mix of (5) two-bedroom, one-bath units and (1) three-bedroom, two-bath unit with a private garage. Each residence includes private back porches and renovated interiors with granite countertops and luxury vinyl plank flooring. The property presents an immediate value-add opportunity to stabilize rents closer to market levels in a strong rental corridor.
Located minutes from downtown Lake Worth Beach, I-95, and major retail and employment corridors, the property benefits from consistent renter demand and limited multifamily supply in the immediate area.
With its solid CBS construction, central location, and clear potential for income growth through rent stabilization, 3880 Dale Rd represents a compelling opportunity for investors seeking a manageable, value-add multifamily asset in Palm Beach County.
The property features a unit mix of (5) two-bedroom, one-bath units and (1) three-bedroom, two-bath unit with a private garage. Each residence includes private back porches and renovated interiors with granite countertops and luxury vinyl plank flooring. The property presents an immediate value-add opportunity to stabilize rents closer to market levels in a strong rental corridor.
Located minutes from downtown Lake Worth Beach, I-95, and major retail and employment corridors, the property benefits from consistent renter demand and limited multifamily supply in the immediate area.
With its solid CBS construction, central location, and clear potential for income growth through rent stabilization, 3880 Dale Rd represents a compelling opportunity for investors seeking a manageable, value-add multifamily asset in Palm Beach County.
PROPERTY FACTS
| Price | $2,394,857 CAD | Building Class | C |
| Price Per Unit | $399,143 CAD | Lot Size | 0.79 AC |
| Sale Type | Investment | Building Size | 6,840 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2019 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM - Residential Medium Density | ||
| Price | $2,394,857 CAD |
| Price Per Unit | $399,143 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 6,840 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2019 |
| Opportunity Zone |
Yes |
| Zoning | RM - Residential Medium Density |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Family Room
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | 900 |
| 3+2 | 1 | - | 1,500 |
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3880 Dale Rd
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