Multifamily in West Palm Beach, FL 33417
Merlin Park, 4727 Myrtle Ln

Beds
1,710
SqFt
$322
$/SqFt
Sold - Aug 14, 2026
Multifamily
Built in 1963
This income-producing duplex presents a fantastic opportunity for both investors and owner-occupants seeking flexibility, space, and long-term potential in a convenient West Palm Beach location. Situated on a generously sized lot with ample parking and outdoor space, this property features two separate units—4727 and 4729 Myrtle Lane—each offering comfortable layouts, updated features, and private entrances. Unit 4729 is currently tenant-occupied, providing immediate rental income potential. Continuation.... Inside, you'll find bright and functional open-concept living and dining areas with neutral tile flooring throughout, recessed lighting, and a seamless flow perfect for everyday living and entertaining. The updated kitchens feature granite countertops, rich wood cabinetry, stainless steel appliances, modern fixtures, and plenty of cabinet and prep space, creating a stylish yet practical environment for cooking and gathering. The property offers spacious bedrooms and well-appointed bathrooms, making each unit comfortable for tenants or extended family living arrangements. Large windows throughout provide excellent natural light, while the practical floor plans maximize usable living space. The expansive backyard offers additional outdoor potential with room for entertaining, relaxing, or future enhancements. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this duplex delivers versatility and value. Conveniently located near major roads, shopping, dining, schools, and local amenities, the property offers easy access to everything West Palm Beach has to offer. Property features include: Duplex with two separate units: 4727 & 4729 Myrtle Lane Unit 4729 currently tenant-occupied Spacious living and dining areas Updated kitchens with granite countertops Stainless steel appliances Tile flooring throughout Recessed lighting Large backyard and outdoor space Ample parking Excellent investment or owner-occupant opportunity A rare chance to own a multi-unit property with strong income potential, functional layouts, and desirable upgrades in a growing West Palm Beach location.
MLS Number: B26026108
On Site: 131 Days
Updated: 5 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Other
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans, Zoned
      Building and Construction
      • Floor Description: CeramicTile, Tile, Wood
      • Construction Type: Duplex,MultiFamily
      • Year Built: 1963
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
      • Elementary School: Egret Lake
      • Middle School: Bear Lakes
      • Senior High School: Palm Beach Lakes
      Other Property Info
      • Listing Date: 2026-05-08T15:14:05.000-00:00
      • Pets Allowed: NoPetRestrictions, Yes
      Taxes, Fees & More
      • Taxes: 11802
      • Total Floors in Building: 1
      • Total Units in Building: 2
      • Total Units in Complex: 2

      Apples-to-Apples Comparables

       Closest-Match Comparables
      See closest-match comps for this subdivision
      No obligation
      Verified
      Trends
      Insights
      Best of Luxury Realty
      Talk to a local advisor
      Licensed advisors answering your questions across West Palm Beach, FL
      01
      Licensed Brokerage
      02
      Local Advisors
      03
      Direct Answers
      Exclusive real estate service partner

      Price History

      Current
      $550K
      High
      $550K
      Low
      $550K
      Total Change
      0%
      $555K$550K$545KMay 26Aug 26
      Date
      Event
      Price
      Change
      Price Per
      08/14/2026
      Sold
      $550K
      0%
      $322 ft2
      $3,462 m2
      05/08/2026
      Listed
      $550K
       
      $322 ft2
      $3,462 m2
      08/14/2026
      $550K
      Event
      Sold
      Change
      0%
      Price Per
      $322 ft2
      $3,462 m2
      05/08/2026
      $550K
      Event
      Listed
      Price Per
      $322 ft2
      $3,462 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Loodmy JacquesKW Reserve Palm Beach • Buyer Agency Compensation .

      Listing Location & Street View
      MapStreet View

      Peer Listings

      Active listings from matched communities
      Results 0 of 0
      No listings found
      Try adjusting your filters or changing your location to see available listings
      Turn on listing alerts and we'll notify you
      when matching listings appear

      Scores

      Walk Score®
      Very Walkable. Most errands can be accomplished on foot
      72

      100
      Bike Score®
      Very Bikeable. Biking is convenient for most trips
      76

      100
      Community Snapshot
      810 - 2,912
      SqFt Range
      1971
      Year Build
      1
      Total Floors

      Subdivision Amenities

      None
      Parking
      Sidewalks

      West Palm Beach
      Entry-Level
      Entry-Level Homes & Condos