$1,520,000
414 PINE GLEN C-2
Greenacres, FL
Explore the area: Greenacres homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $1,520,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 2
This commercial property is listed at $1,520,000. It has been on the market for 2 days.
Estimated monthly payment
$7,988 /mo
Principal and interest only, based on $304,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,520,000
- Days on Site
- 2 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 7,607 sqft
- Year Built
- 1981
- Property Type
- Commercial
- MLS #
- B26092544
- Property Tax
- $20,601 (2025)
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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*
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1981
- Number of Stories
- 1
- Total Sq Ft
- 7,607
- Sewer
- Public Sewer
- Water Source
- Multiple Meters / Public
- Zoning
- RM
Interior Features
- Cooling
- Central Air
- Heating
- Central
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Other
Community & HOA
- Security
- Other
- Utilities
- None
- Financing Terms
- Cash
- MLS Area
- 5730
About the Area
Greenacres homes for sale offer more square footage per dollar than Boca Raton or Delray Beach. The city of 41,000 sits between Lake Worth Beach and Wellington on the Florida Turnpike and US-441. Most homes are 1970s to 1990s single-family: 3- and 4-bedroom with yards, carports, and no mandatory HOA. Entry-level homes start in the low $300Ks. Updated homes with pool additions sell in the $400K to $525K range. Condos and townhomes start around $200K. The drive to downtown West Palm Beach or Boca Raton is under 30 minutes. No historic overlay restrictions apply in the city.
- Homes for Sale
- 369
- Under Contract
- 100
- Median List Price
- $250,000
- Median Sale Price (October)
- $258,000
- Median $/Sq Ft
- $215
- Avg Days on Market
- 104
Frequently Asked Questions
- How do I schedule a tour of 414 PINE GLEN C-2, Greenacres, FL?
- Use the Tour button on this listing to request a showing of 414 PINE GLEN C-2, Greenacres, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 414 PINE GLEN C-2, Greenacres, FL still available?
- 414 PINE GLEN C-2, Greenacres, FL is currently listed as Active, and has been on the market 2 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 414 PINE GLEN C-2, Greenacres, FL?
- With 20% down ($304,000) on the $1,520,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 414 PINE GLEN C-2, Greenacres, FL is about $7,988/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 414 PINE GLEN C-2, Greenacres, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 414 PINE GLEN C-2, Greenacres, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 414 PINE GLEN C-2, Greenacres, FL?
- Often, yes. The right offer on 414 PINE GLEN C-2, Greenacres, FL depends on how it's priced against comparable commercial sales in Greenacres, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Real - ativity
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$1,520,000
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Listed by Elizabeth A Lewis, Real - ativity
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