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414 Pine Glen Ln #C-2, Greenacres, FL
$1,520,000
· $200/sqft · Est. $10,196/mo
7,607 sqft · 2 days on market · MLS# B26092544
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About 414 Pine Glen Ln #C-2, Greenacres, FL
Listing details for 414 Pine Glen Ln #C-2, Greenacres, FL: 6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*
Bedrooms
—
Bathrooms
—
Square Feet
7,607
Year Built
1981
Garage
—
HOA
No
Taxes (2025)
$20,601
Property Details for 414 Pine Glen Ln #C-2, Greenacres, FL
MLS# B26092544 · Source: MIAMI + RWorld · Updated Oct 28, 2026
Interior
Bedrooms & Bathrooms
- Half Baths: 0
Heating & Cooling
- Heating: Central
- Cooling: Central Air
Interior Features
- Has Fireplace: No
Interior Area
- Total Interior Livable Area: 7,607 sqft
- Total Structure Area: 7,607 sqft
Property
Parking
- Total Parking Spaces
- 10
Features
- Stories
- 1
Details
- Parcel Number
- 18424427164140032
- Zoning
- RM
- Legal Description
- Pine Ridge South Iv Cond Bldg 414 Unit C-2
Construction
Type & Style
- Home Type
- Multi Family
- Property Type
- Commercial Sale
Materials
- Construction Materials
- CBS Concrete Block Structure, Block
Condition
- New Construction
- No
- Year Built
- 1981
Utilities & Green Energy
- Water Source
- Public
- Sewer
- Public Sewer
- Electric
- Amps150
Community & HOA
Community
- Subdivision
- PB18
Financial & Listing Details
- Price per Sq Ft
- $200/sq ft
- Annual Tax Amount
- $20,601
- Tax Year
- 2025
- Date on Market
- Oct 25, 2026
- Cumulative Days on Market
- 2 days
- Listing Terms
- Cash
- Special Conditions
- Standard
- Possession
- Subject to Tenant Rights
- MLS Number
- B26092544
- Listed By
- Elizabeth A Lewis — Real - ativity
PB18
PB18 is a neighborhood in Greenacres.
Location of 414 Pine Glen Ln #C-2, Greenacres, FL
- Street Address
- 414 Pine Glen Ln #C-2
- City
- Greenacres
- Neighborhood
- PB18
- County
- Palm Beach County
Flood, Storm & Insurance for 414 Pine Glen Ln #C-2, Greenacres, FL
1981
Estimated monthly
30-yr fixed
$10,196
/mo
$1,520,000 · 20% down · 7.09%
Principal & interest
$8,163
Property taxes
$1,717
Home insurance
$317
Home price
$1,520,000
Down payment
$304,000 · 20%
Interest rate
7.09%
Estimates only. Actual costs vary by lender, credit score, and market conditions.
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Listing Information & Disclaimer
Listed By: Real - ativity · 561.512.4682
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