About This Home

This 14-bedroom, 0-bathroom multi-family at 2907 ASHLEY Drive W #A in West Palm Beach, FL is listed for $1,520,000 ($200 per sqft). Built in 1968, the home offers 7,607 sqft of living space on a N/A lot.

Key Features

  • Built in 1968
  • 2 stories

Property Details

2 stories
22 full, 2 half
#A
1968

Amenities

A/C
Listing Description

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 Bea

ch, 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*

Monthly Cost Estimate

$59,097/mo

20% down · 6.5% · 30 years

Principal$1,099
Interest$6,587
Insurance$443
HOA$50,968

Estimates only. Actual payments may vary.

Location

2907 ASHLEY Drive W #A

West Palm Beach, FL 33415

Palm Beach County 55+ Assemblage

Features & Amenities

Exterior Features

Storage

Property Details

Flooring

EngineeredTile

Construction

Block - Decorative

Heating

Central

Cooling

Central Air

Questions & Answers

This 14-bedroom, 0-bathroom multi-family at 2907 ASHLEY Drive W is listed at $1,520,000 ($200/sqft). The estimated monthly payment is $59,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $50968/month.

Key features include: Built in 1968, 2 stories. Exterior Features: Storage.

This property is listed by Elizabeth A Lewis.

EL

Elizabeth A Lewis

License 3256279

Agent at Relativity Rocket, LLC

Listed by Relativity Rocket, LLC · Broker phone: (561) 512-4682 · View on Broker Site

MLS# B26092035· Source: BeachesMLS· 10 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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