$330,000
SOLD JUN 7, 2022

444 Malverne Rd West Palm Beach, FL 33405

South End Neighborhood
-- Bed
-- Bath
1,274 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

27% Above List Price

15 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2022

Excellent opportunity to acquire a value-add property at below market rates. Situated in the red hot SoSo District of West Palm Beach, the property consists of 2 separate detached 2/1 units. An investor can take advantage of the properties tremendous upside potential with long term tenants on month to month leases (no leases available) and currently paying well below market rates. Another option is for an owner/user to purchase the property; live in one unit and generate income with the other unit. Separately metered electric, one water meter. Don't miss out on this opportunity.

Last Agent to Sell the Property

Zach Rossetti

Anderson & Carr License #3340388 Listed on: 04/22/2022

Last Buyer's Agent

Zach Rossetti

Anderson & Carr License #3340388 Listed on: 04/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,944

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434403010004070

Community Details

Overview

  • 2 Units
  • Estates Of South Palm Bea Subdivision

Building Details

  • Operating Expense $7,000
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,944

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South Dixie Highway to Malverne Road (1 block south of Southern Blvd.) turn west on Malverne property is on the south side of Malverne.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1274.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434403010004070
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: MF20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 14600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3944.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $749,900 0.0% $509 / Sq Ft
03/10/2025 03/10/25 For Sale $749,900 +127.2% $509 / Sq Ft
06/07/2022 06/07/22 Sold $330,000 +26.9% $259 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $260,000 -- $204 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Franklin

    Seller's Agent in 2025

    Joe Franklin

    Johnston Group Real Estate Services LLC

    (561) 287-0085

    59 Total Sales

    Joe Franklin
    Section Image
  • Sonny Hamilton

    Seller Co-Listing Agent in 2025

    Sonny Hamilton

    Johnston Group Real Estate Services LLC

    (561) 655-1233

    5 Total Sales

    Sonny Hamilton
    Section Image
  • Zach Rossetti

    Seller's Agent in 2022

    Zach Rossetti

    Anderson & Carr

    (561) 833-1661

    2 in this area

    24 Total Sales

    Zach Rossetti
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10794028

BeachesMLS

APN: 74-43-44-03-01-000-4070

Florida Palm Beach County West Palm Beach 33405 South End

444 Malverne Rd, West Palm Beach, FL

This home is located at 444 Malverne Rd, West Palm Beach, FL 33405 and is currently priced at $330,000, approximately $259 per square foot. This property was built in 1955. 444 Malverne Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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