4316 Forest Rd West Palm Beach, FL 33406
Pine Air NeighborhoodEstimated payment $3,124/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $549,000 | -8.3% | $440 / Sq Ft | |
| 09/12/2025 09/12/25 | Price Changed | $599,000 | -7.8% | $480 / Sq Ft | |
| 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 | View Prior Sale |
| 11/07/2014 11/07/14 | For Sale | $85,000 | -- | $68 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $85,000 | Title Services |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,460 | FHA |
Source: BeachesMLS
MLS Number: R11103227
APN: 00-42-44-12-02-000-0650
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