$650,000

Estimated payment $3,748/month

Total Views 3,127
-- Bed
-- Bath
1,248 Sq Ft
$521 Price per Sq Ft

Highlights

  • Room in yard for a pool
  • Tile Flooring
  • Central Heating and Cooling System
  • Shed

About This Home

Investor's Dream in West Palm Beach!Welcome to 4316 Forest Road, a fantastic income-producing opportunity in the heart of West Palm Beach! This versatile property offers incredible potential perfect for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking steady rental income. Located just minutes from shopping, dining, schools, and beautiful beaches, this property is in a prime location for attracting long-term tenants. Each unit is well-maintained, with spacious layouts and plenty of natural light. The large lot offers ample parking and a private backyard, giving tenants extra appeal. With the strong rental demand in Palm Beach County, this is your chance to secure a property that works for you 24/7. Don't miss out o this opportunity.

Listing Agent

David Hernandez

Real Estate Solutions Today License #3293153 Listed on: 06/27/2025

Real Estate Solutions Today

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1961

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Room in yard for a pool
  • Shed

Schools

  • Berkshire Elementary School
  • Palm Springs Community Middle School
  • Forest Hill High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424412020000650

Community Details

Overview

  • 2 Units
  • Bergantino Estates Repl I Subdivision

Building Details

  • Operating Expense $7,500
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,795

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From I-95 West on Southern Blvd, South on Kirk Rd, West on Summit, South on Seton Ave, West on Forest Rd. Lock box on door
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 1248.0

Exterior Features

  • Exterior Features: Room For Pool, Shed
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Schools

  • Elementary School: Berkshire
  • High School: Forest Hill
  • Middle Or Junior School: Palm Springs Community

Lot Info

  • Parcel #: 00424412020000650
  • Lot Size: 1/4 to 1/2 Acre
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 45000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2795.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,795 $125,938 -- --
2023 $2,624 $117,131 $0 $0
2022 $2,496 $109,048 $0 $0
2021 $2,206 $120,487 $0 $0
2020 $2,142 $121,005 $0 $0
2019 $2,039 $112,129 $0 $0
2018 $1,819 $104,986 $0 $0
2017 $1,614 $91,646 $0 $0
2016 $1,522 $74,317 $0 $0
2015 $1,422 $70,543 $0 $0
2014 $1,940 $57,460 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $650,000 +664.7% $521 / Sq Ft
11/10/2014 11/10/14 Sold $85,000 0.0% $68 / Sq Ft
11/07/2014 11/07/14 For Sale $85,000 -- $68 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $85,000 Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $83,460 FHA
Previous Owner $76,640 Unknown
Source: Public Records

Source: BeachesMLS

MLS Number: R11103227

BeachesMLS

APN: 00-42-44-12-02-000-0650