Skip To Content

702 Fernwood Drive

West Palm Beach, FL 33405
  • $635,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: RX-11029158
UPDATED: 29 min ago
$635,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,509
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

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!

Monthly Payment Calculator

www.evluxuryrealestate.com/homes/156839946
Print Image

702 Fernwood Drive West Palm Beach, FL 33405

  • Price: $635,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 29 min ago
  • ID#: RX-11029158
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1,509
SQFT
$421
$/SQFT
1945
Built
Neighborhood:
Fernwood
County:
Palm Beach
Area:
West Palm Beach
Property Description
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!
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features FenceOpen Patio Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralElectric Flooring Tile Heating CentralElectric Unit1 Bedrooms 3 Unit1 Desc A/C UnitDryerMicrowaveRange - ElectricRefrigeratorStack BedroomsWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 885 Unit2 Bedrooms 3 Unit2 Desc A/C UnitDryerMicrowaveRange - ElectricRefrigeratorStack BedroomsWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 936

Property Features

Annual Net Operating Income 41600.00 Annual Total Expenses 10000.00 Auction No Available Info Leases Built Desc Resale Gated Community No Gross Operating Income 51600.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Duplex Possession At ClosingFunding REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1821.00 Subdivision Amenities None Tax Amount 7429.65 Tax Year 2023 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventionalFHAVA Unit1 Monthly Income 2300.00 Unit2 Monthly Income 2000.00 Utilities CableElectricPublic SewerPublic Water Zoning SF7(ci

Listing provided courtesy of Partnership Realty Inc.: . Listing information © 2024 BeachesMLS
 
https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-11029158-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-11029158-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-11029158-2.jpg
Logo
Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306