47.0 · Fair

1602 Meridian Rd

West Palm Beach · Palm Beach County · FL 33417

duplex days on market

Property Details

List Price$550,000

Bedrooms4

Bathrooms2

Living Area1,620 sqft

Lot Size10,019 sqft

Year Built1974

Listed2026-05-03

Est. Monthly Rent$5,143/mo

Est. Cap Rate11.22%

Gross Rent Multiplier8.9

Wonderful opportunity to purchase this Duplex. Great for Investors. 2/1 Unit A and 2/1 Unit B

Source: realtor.com · ID: palm-beach-realtor-6025884139 · Last seen: 5/3/2026

Composite score:47.0/ 100

Each factor is normalized 0–100 within its county (percentile rank). Contributions show how many points each factor added to the composite score.

Cap Rate(weight 35%)

98.0contributes +34.3 pts

Estimated annual rent yield relative to list price, normalized within county.

Population Growth(weight 20%)

26.0contributes +5.2 pts

Zip-level YoY population growth from Census ACS estimates.

Employment Growth(weight 15%)

50.0contributes +7.5 pts

Metro-level employment and wage growth from BLS QCEW data.

Price Trend(weight 15%)

0.0contributes +0.0 pts

Zip-level YoY median sale price change from Redfin Data Center.

Flood Penalty(weight 15%)

0.0contributes +0.0 pts

FEMA NFHL flood zone severity. Lower is better (0 = no risk, 100 = high risk).

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