$599,900
$35K PRICE DROP

702 Fernwood Dr West Palm Beach, FL 33405

Dreher Park Neighborhood

Estimated payment $3,815/month

Total Views 7,053
-- Bed
-- Bath
1,509 Sq Ft
$398 Price per Sq Ft

Highlights

  • Patio
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring
  • Ceiling Fan

About This Home

Rare opportunity to own a one-of-a-kind duplex in the heart of West Palm Beach! This phenomenal investment offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Centrally located east of I-95, the property is just minutes from downtown West Palm Beach, the beach, and major highway access, making it ideal for both tenants and owner-occupants alike. Don't miss out on this fantastic chance to invest in a prime location with incredible growth potential!

Listing Agent

Alejandro Obregon Ibarra

Partnership Realty Inc. License #3370283 Listed on: 10/16/2024

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,430

Year Built

  • Built in 1945

Lot Details

  • 9,509 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434404160000510
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Fernwood Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $41,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,430

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1945
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1509.0

Exterior Features

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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

Lot Info

  • Parcel #: 74434404160000510
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9509.0
  • Zoning Description: SF7(ci

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 41600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7430.0

Map

Range of Values:

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Average Value
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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
06/19/2025 06/19/25 Price Changed $599,900 -5.5% $398 / Sq Ft
10/16/2024 10/16/24 For Sale $635,000 -- $421 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11029158

BeachesMLS
Florida Palm Beach County West Palm Beach 33405 Dreher Park

702 Fernwood Dr, West Palm Beach, FL

This home is located at 702 Fernwood Dr, West Palm Beach, FL 33405 and is currently priced at $599,900, approximately $397 per square foot. This property was built in 1945. 702 Fernwood Dr is a home located in Palm Beach County with nearby schools including Palmetto 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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Listing Agent
Alejandro Obregon Ibarra
Section Image
Partnership Realty Inc.
(561) 834-0342