Stacy Villas — Sale in West Palm Beach, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: West Palm Beach, FL 33417
Photos
Investment Figures
- Cap rate
- 6.48%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is excited to bring to market Stacy Villas, a 13-unit apartment community located in West Palm Beach, Florida. It is being offered for sale by the original developer. The property sits in the Haverhill Acres section of unincorporated West Palm Beach, roughly bounded by Haverhill Road to the east and the 45th Street corridor to the north, one of the more centrally located, in-fill multifamily pockets of the county's urban core. The property benefits from an infill location inside the primary West Palm Beach urban service boundary, placing residents within a short drive of downtown West Palm Beach, President Donald J. Trump International Airport, and the broader employment base along the Congress Avenue and Australian Avenue office and industrial corridors, while still sitting in a quieter, low-rise residential pocket removed from the density of downtown. Stacy Villas is comprised of seven one-story buildings situated on 1.74-acre site. Four of the buildings were constructed in 2007 of wood frame with vinyl siding, and three were construction in 2025 of concrete block with painted stucco exteriors. One hundred percent of the units are three-bedroom and two-bathroom floor plans averaging over 1,100 rentable square feet. 100% of the utilities are separately metered and paid for by the residents, including water. There are a total of 34 open parking spaces. All unit interiors, except for two long-term, month-to-month residents, are either new or refurbished over the past year. Phase II apartments have stainless steel appliances including dishwasher and built-in microwave, large open kitchens with European cabinetry and quartz countertops, recessed lighting, hard-wired ceiling fans, central heating and air conditioning, walk-in closets, faux wood vinyl plank flooring throughout, washer and dryer (most owned by property), and hurricane impact windows. Phase I apartments have either stainless steel or white appliances and either quartz or laminate counter
Market Context
This multifamily in West Palm Beach, FL is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in West Palm Beach, FL — view the full market.
As of Q2 2026, the Palm Beach multifamily market showed a 6.7% vacancy rate. Source: Cushman & Wakefield Q2 2026 market report.
Multifamily market FAQ
- Is the Palm Beach multifamily market tightening or softening?
- Vacancy is around 6.7% (Q2 2026).
Contact the listing broker
This listing comes from the Marcus & Millichap website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Evan Kristol · (954) 245-3459 · evan.kristol@marcusmillichap.com
- Felipe Echarte · (954) 245-3444 · felipe.echarte@marcusmillichap.com
Questions to ask the broker
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- What is the asking price?
- What is the current zoning, and does it allow my intended use?
- How many parking spaces come with the property?
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