NOT LISTED FOR SALE

732 Neil Rd Unit 1-4 West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $1,240,000 - $1,372,823

-- Bed
4 Baths
3,920 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 07, 2025

Last sale price $1,250,000 $319 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,597/month

49 Days on Market

Highlights

  • Water Views
  • Wood Frame Window
  • Ceramic Tile Flooring
  • 25,418 Sq Ft lot
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2025

I want to share an exciting investment opportunity in Palm Beach County. We have a four-unit property available, and each unit features 3 bedrooms, 1.5 bathrooms, a private patio, and two dedicated parking spaces.These units are move-in ready with no repairs needed, making them an excellent option for immediate rental income. Each unit also has separate water and electrical meters for convenience.We believe this property offers the best value for a four-unit, three-bedroom property in Palm Beach County at this time.

Last Agent to Sell the Property

Frank Alvarez

Century 21 WC Realty License #3132637 Listed on: 06/19/2025

Century 21 WC Realty

Last Buyer's Agent

Yuray Sanchez

4ever Homes Realty LLC License #3303044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,418

Year Built

  • Built in 1980

Lot Details

  • 0.58

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,920 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Wood Frame Window
  • Water Views

Flooring

  • Ceramic Tile
  • Vinyl

Schools

  • Melaleuca Elementary School
  • Palm Springs Community Middle School
  • John I. Leonard High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Patio
  • 0.58 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 00424401000007880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,418

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: MILITARY TR BETWEEN SUMMIT & GUN CLUB TO GARDENETTE (ON WEST SIDE NEAR KIA ). AT NEIL RD GO SOUTH.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 3920.0
  • Window Features: Single Hung, Wood Frames

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Melaleuca
  • High School: John I. Leonard
  • Middle Or Junior School: Palm Springs Community

Lot Info

  • Parcel #: 00424401000007880
  • Lot Size: 186.0 ft x 157.0 ft
  • Lot Size Sq Ft: 25418.0
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10418.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Aug 4, 2025
Sold by
David J Marot Llc
Bought by
Palomino Yureni Oria
Seller's Agent
Frank Alvarez
Century 21 WC Realty
Buyer's Agent
Yuray Sanchez
4ever Homes Realty LLC
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
11
Current Estimated Value
$1,279,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,206
Avg. Annual Appreciation
11.07%
Original Mortgage
$847,500
Outstanding Balance
$846,773
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$432,433

Purchase Details

Closed on
Feb 7, 2019
Sold by
Marot David
Bought by
David J Marot Llc

Purchase Details

Closed on
Dec 1, 1995
Sold by
Rcvr Fdic
Bought by
Marot David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1994
Sold by
Clerk Circuit Court
Bought by
Federal Deposit Insurance Corporation and Life Sav Amer
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palomino Yureni Oria $1,250,000 First International Title
Palomino Yureni Oria $1,250,000 First International Title
David J Marot Llc -- None Available
Marot David $115,500 --
Federal Deposit Insurance Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomino Yureni Oria $847,500
Closed Palomino Yureni Oria $847,500
Previous Owner Marot David $92,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 Sold $1,250,000 -10.7% $319 / Sq Ft
06/19/2025 06/19/25 For Sale $1,400,000 -- $357 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,418 $456,860 -- --
2023 $9,049 $415,327 $178,247 $336,787
2022 $8,611 $377,570 $0 $0
2021 $7,688 $384,676 $140,997 $243,679
2020 $8,041 $477,917 $162,000 $315,917
2019 $7,312 $403,465 $168,000 $235,465
2018 $6,146 $322,721 $117,117 $205,604
2017 $5,701 $305,030 $90,090 $214,940
2016 $5,272 $213,128 $0 $0
2015 $4,713 $193,753 $0 $0
2014 $4,470 $176,139 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    Frank Alvarez

    Century 21 WC Realty

    (561) 355-0270

    2 in this area

    36 Total Sales

    Frank Alvarez
    Section Image

  • Y

    Buyer's Agent in 2025

    Yuray Sanchez

    4ever Homes Realty LLC

    (561) 541-9348

    8 in this area

    131 Total Sales

    Yuray Sanchez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11101202

BeachesMLS

APN: 00-42-44-01-00-000-7880

Florida Palm Beach County West Palm Beach 33415 Cannongate

732 Neil Rd Unit 1-4, West Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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