About This Home

This 3-bedroom, 2-bathroom mobile home at 1531 DREXEL RD in West Palm Beach, FL is listed for $115,000. Built in 1998, on a N/A lot.

Key Features

  • Built in 1998

Property Details

2 full
2-car garage
1998
Listing Description

Excellent investment opportunity in West Palm Beach! This property features a 3-bedroom, 2-bathroom manufactured home currently rented for $2,200 per month, plus a separate 2-bedroom, 1-bathroom additional unit generating $1,400 per month. Combined rental income is $3,600 per month, providing an attractive income-producing opportunity for investors or buyers looking for a property with existing rental income.

Conveniently located near major roads, shopping, dining, and everyday amenities. Buyer to verify all measurements, zoning, permitted uses, and rental information.

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34
HOA$1,070

Estimates only. Actual payments may vary.

Location

1531 DREXEL RD

West Palm Beach, FL 33147

MEADOWBROOK

Features & Amenities

Interior Features

Closet CabinetryFirst Floor EntryKitchen Island

Exterior Features

Deck

Property Details

Flooring

Laminate

Construction

Aluminum Siding

Outdoor Features

Deck

Parking

Driveway

Heating

Electric (Heating)

Appliances

Electric RangeElectric Water HeaterRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom mobile home at 1531 DREXEL RD is listed at $115,000. The estimated monthly payment is $1,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1070/month.

Key features include: Built in 1998. Interior Features: Closet Cabinetry, First Floor Entry, Kitchen Island. Exterior Features: Deck.

This property is listed by Juan Chols and can be reached at 7866705242.

JC

Juan Chols

License 3595470

Agent at LPT Realty LLC

(786) 670-5242
Agent website

Listed by LPT Realty LLC · Broker phone: (877) 366-2213 · View on Broker Site · Broker website

MLS# A12093532· Source: Miami REALTORS®· 4 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1531 DREXEL RD, West Palm Beach, FL 33147

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