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5812 Banana Road, West Palm Beach, FL 33413 (MLS# R10855212)

5812 Banana Road, West Palm Beach, FL 33413

$856,500
Property Type: Residential Income Square Footage: 4,784 Status: Closed
Current Price: $856,500 List Date: 1/03/2023 Last Modified: 5/27/2026

Overview

Description

Rare find for investors! Two duplexes located on just under a 1/2 acre with no HOA. All units have updated bathrooms. All water heaters have been replaced recently. Three of four kitchens are updated. Newer a/c units in all units. Electrical panels have been updated. All units are rented. Some tenants are long term so current rents are not market rents. Separate electrical meters. The east building only has one water meter. All square footage measurements are approximate.

Listing Details MLS# R10855212

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
4784
Building Area Source
Public Records
Living Area Main
4070
Year Built
1971
Gated Community YN
No
Lot Size Area
17500
Lot Size Acres
0.4
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Electric: Three Phase Exterior Features: None Flooring: Ceramic Tile Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Septic Tank Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Water Available View: Other Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Unit 4 Rooms: Kitchen Contingencies: Financing Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
950000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5812
Street Name
Banana
Street Suffix
Road
City Name
West Palm Beach
State Or Province
FL
Postal Code
33413
Postal Zip
33413
Subdivision Name
ROYAL PALM ESTATES 3
Area
5500
Geographic Area
PB22
Elementary School
Benoist Farms
Middle Or Junior School
Jeaga
High School
Royal Palm Beach
Parcel Number
00424335120190031
Zoning
RM
Directions
I95 to Southern Blvd, West to Pine Ave, turn right go to Banana Rd turn right, property on right

Financial Information

Tax Annual Amount
10732.7
Tax Year
2022
Tax Legal Description
ROYAL PALM ESTATES PL NO 3 E 40 FT OF LT 3 & LTS 4 & 5 BLK 19

Status Change Information

Major Change Timestamp
2023-04-03T20:41:54Z
Major Change Type
Status Change
Status Change Date
2023-04-03
Under Contract Date
2023-03-08
Close Date
2023-03-31
Close Price
856500
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
18613
Gross Income
5255
Net Operating Income
44400

Storm Protection

Other Protection
Partial

Unit 1 Details

Actual Rent
1185
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Unit 2 Details

Actual Rent
1450
Baths Full
2
Furnished
Unfurnished
SqFt
1300

Unit 3 Details

Actual Rent
1285
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Unit 4 Details

Actual Rent
1335
Baths Full
Yes
Furnished
Unfurnished
SqFt
1300

Price Calculations

Current Price To SqFt
210.44
Original List Price To Close Price
1.1

Originating Details

Originating System Key
20221230221816022527000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Exterior Features

None
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes

Structure Type

Quadruplex
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Utilities

Cable Available
Yes
Water Available
Yes

View

Other
Yes

Heating

None
Yes

Water Access

None
Yes

Window Features

Blinds
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Contingencies

Financing
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Patio/Porch

Screened Porch
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 3 Patio/Porch

Screened Porch
Yes

Unit 3 Rooms

Kitchen
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes

Unit 4 Parking Features

Open Parking
Yes

Unit 4 Patio/Porch

Patio/Porch
Yes

Unit 4 Rooms

Kitchen
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: William Raveis Palm Beach LLC
IDX
Last Updated: May - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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