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$550,000
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Property Description
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.
Full Property Details
Full Property Details for 4727 Myrtle Ln
General
- Price: $550,000
- Taxes: $11,802 (2025)
- Status: Under Contract
- Type: Duplex
- Source: Regional
- MLS ID: B26026108
- Updated: 5/28/2026
- Added to Site: 25 day(s) ago
Interior
- Flooring: Ceramic Tile, Tile, Wood
Rooms
Other Rooms
- Laundry: Laundry Room
Additional Information
- Equipment: Satellite Dish
Exterior
- Exterior Features: Other
Parking
- Total Spaces: 10
Location
- County: Palm Beach
- Subdivision: MERLIN PARK REVISED
- Driving Directions: From N Military Trail: Turn west onto Myrtle Ln; property is on the north side just past West St.
School Information
- Elementary School: Egret Lake
- Middle School: Bear Lakes
- High School: Palm Beach Lakes
Community
- Community Name: 5500
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Zoned
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Multiple Meters, Public
- Cable Available: Yes
- Utility Description: Cable Available, Water Available
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Structure Type: Duplex, Multi Family
- Construction: Block, Frame, Stucco
- Roof: Composition
- Stories/Levels: 1
- Building Size: 1988
- Square Feet: 1,710
- Sq. Ft. Source: Public Records
- Living Area: 1,710 Sq. Ft.
- Year Built: 1963
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.23
- Lot Features: 1/4 Acre
- Zoning: RH
- Fencing (Description): Partial
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $11,802
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: MERLIN PARK REV PL LT 50
- Property ID: 424325030000500
Listed by KW Reserve Palm Beach
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Schools
Schools serving 4727 Myrtle Ln
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Egret Lake Elementary School 5115 47th Place North, West Palm Beach, FL 33417 | K-5 | 3.2 mi |
Bear Lakes Middle School 3505 Shenandoah Road, West Palm Beach, FL 33409 | 6-8 | 2.2 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4727 Myrtle Ln
Date
Details
Price
Change
Source
5/08/2026
Listed
$550,000
150%
MLS
9/28/2017
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4727 Myrtle Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,642
—
$185,263
-38%
2024
$11,642
72%
$300,264
6%
2023
$6,786
111%
$282,279
70%
2021
$3,218
-49%
$166,467
-25%
2022
$6,302
96%
$221,116
27%
2021
$3,218
4%
$173,839
66%
2019
$3,099
35%
$104,576
10%
2018
$2,302
14%
$95,069
28%
2017
$2,022
3%
$74,006
10%
2016
$1,962
1%
$67,278
10%
2015
$1,940
5%
$61,162
10%
2014
$1,848
21%
$55,602
10%
2013
$1,526
—
$50,547
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4727 Myrtle Ln
4727 Myrtle Lane, West Palm Beach, FL 33417 (MLS# B26026108) is a Duplex property with 0 bedrooms and 0 full bathrooms. 4727 Myrtle Lane is currently listed for $550,000 and was received on May 08, 2026. Want to learn more about 4727 Myrtle Lane? Do you have questions about finding other Duplex real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

