5812 Banana Rd

West Palm Beach, FL 33413

$856,500
Last Sold Price
11
Beds
5
Baths
4,070 Sq. Ft.
$210 / Sq. Ft.
4,070
Sq. Ft.
$210
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/31/23
Closed 3/31/23
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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.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.
  1. Listed by Cynthia Bray PA • Brokerage DRE #2036554 • William Raveis Real Estate
    P: (561)-329-7968 C: (561)-329-7968 cbray9@gmail.com

Property Details for 5812 Banana Road

Furnished
Unfurnished
View
Other
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1971
Design
Quadruplex
Subdivision
ROYAL PALM ESTATES 3
LISTING UPDATED: 01/13/2026 04:27 AM

Property Details for 5812 Banana Road

StatusClosed
MLS #R10855212
Days on Market64
Taxes$10,733 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1971
Lot Size0.40 AC / 17,424 SF
CountyPalm Beach County
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Location

Listing Courtesy of William Raveis Real Estate

Sold By EXP Realty LLC

Add your commute

Building Information for 5812 Banana Road

Stories1Residences-Year Built1971Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

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$5,207 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,313

Property Taxes

$894

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5812 Banana Road

Summary
Location and General Information
  • Area: 5500
  • City and Location Text: West Palm Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.679716
  • Information Available: Copy Of Lease(s)
  • MLS Area: 5500
  • MLS Sub Area: PB22, Palm Beach 5500; 5510
  • Postal Code: 33413
  • State: FL
  • Street #: 5812
  • Subdivision Complex Bldg: ROYAL PALM ESTATES 3
  • Complex Name: ROYAL PALM ESTATES 3
  • Water Access: None
  • Zoning: RM
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: ROYAL PALM ESTATES PL NO 3 E 40 FT OF LT 3 & LTS 4 & 5 BLK 19
  • Parcel ID: 00424335120190031
  • Tax Information: City/County
  • Tax Year: 2022
Property
Lot Information
  • Acreage Description: 1/4 To Less Than 1/2 Acre Lot
  • Acres: 0.4
  • Approx Sqft Total Area: 4784
  • Lot Square Footage: 17424.0
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 4784
  • Sq Ft Liv Area: 4070.0
  • Sq Ft Total: 4,784
  • Type of Building: Quadruplex
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s)
  • Construction Type: Quadruplex, Composition, Resale, CBS
  • Document Count: 0
  • Legal Description: ROYAL PALM ESTATES PL NO 3 E 40 FT OF LT 3 & LTS 4 & 5 BLK 19
  • Type: Quadruplex
  • Year Built Description: 1971
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: Septic Tank
  • Utilities: Cable Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Exterior Features: None
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Composition
  • Roof Description: Composition
  • Structure Type: Quadruplex
  • Subdiv Amenities: None
  • Window Features: Blinds
Interior Features
  • Baths Total: 5
  • Column Description: CBS
  • Cooling: Wall/Window Unit(s)
  • Flooring: Ceramic Tile
  • Heating: None
  • Heating Description: None
  • Num Floors: 1
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $44,400.00
  • Income & Expenses: Annual Total Expense: $18,613.00
  • Income & Expenses: Gross Operating Inc: $5,255.00
  • Exp Incl Pool Service: No
  • Expense Amount: $18,613
  • Gross Operating Income: $44,400
  • Gross Rent Income: $5,255
  • Monthly Income: $5,255
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,185.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 700.0
Unit 2
  • Appliances: Range, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,450.00
  • Baths Full: 2
  • Beds Total: 4
  • Furnished: Unfurnished
  • SqFt: 1300.0
Unit 3
  • Appliances: Range, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,285.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 700.0
Unit 4
  • Appliances: Range, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $1,335.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Unfurnished
  • SqFt: 1300.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $198.58
  • Tenant Pays: Cable TV, Electricity, Water

Property History for 5812 Banana Road

DateEvent & SourcePriceAppreciation
Mar 31, 2023

Sold

Beaches MLS #R10855212

$856,500—
Mar 29, 2023

Sold (Public Record)

Public Record #1508866242

$856,500

+21.4% / yr

Mar 8, 2023

Pending

Beaches MLS #R10855212

—
DateEvent & SourcePrice
03/31/2023

Sold

Beaches MLS #R10855212

$856,500
03/29/2023

Sold (Public Record)

Public Record #1508866242

$856,500

+21.4% / yr

03/08/2023

Pending

Beaches MLS #R10855212

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5812 Banana Road

Taxable ValueLand$159,500Additions$645,246Total$804,746
Tax Record2025$14,593 ($1,216 / month)
Home Facts
Baths4Total Finished SqFt1,746 SqFtAbove Grade Finished SqFt1,746 SqFtStories1Lot Size17,498 SqFtStyleDuplexYear Built1971Year Renovated1994ZoningRMCountyPALM BEACHAPN00-42-43-35-12-019-0031

Schools near 5812 Banana Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Benoist Farms Elementary School
Public - PK to 5
Jeaga Middle School
Public - 6 to 8
Royal Palm Beach High School
Public - 9 to 12
The Learning Academy at the ELS Center of Excellence
Charter - PK to 12
Rating
School
Distance
Benoist Farms Elementary School
PublicPK to 5

Jeaga Middle School
Public6 to 8

Royal Palm Beach High School
Public9 to 12

The Learning Academy at the ELS Center of Excellence
CharterPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of William Raveis Real Estate

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.