EL CID SECOND ADD

2426 Medina Way, West Palm Beach FL 33401

5 beds · 3 baths · 2,499 ft²

Closed

$20,000

Est. Payment $106/mo

MLS Sheet Video

Bedrooms

Bathrooms

2,499

Sq. Ft.

1951

Year Built

Garage

Stories

Days on Market

Description

Located on an expansive 14,000 sf property, this historic El Cid compound is a rare annual rental opportunity. Offering five bedrooms and three bathrooms, the home boasts a mindful floor plan flooded in natural light with a large swimming pool, one car garage, and generous green space. Extremely private, the home is situated on high elevation with water views and one house from Flagler Drive. It is an excellent rental opportunity for extended family visits with a private dual upstairs wing. Owner would consider a seasonal rental

Facts

MLS#: R10945528
Subdivision: EL CID SECOND ADD
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1951
Lot Size: 0 sqft
Sq. Ft.: 2,499 ft²
Sq. Mt.: 232 m²
Price per sq. ft.: $8/ft²
Price per sq. mt.: $86/m²
Stories: 2
Garage: 1 spaces
Pool: Private
Days on Market: 62 days
Listed: Dec 27, 2023
Last Updated: Mar 14, 2026
Price/Lot Sq.Ft.: —

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Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/14/2026	Sold	$20,000
12/27/2023	Listed for sale	$20,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$66,667

gross income / month to qualify

Monthly rent$20,000

Required annual income$800,000

Security deposit (est.)$20,000

Move-in cost (1st + last + security)$60,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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