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702 Fernwood Dr, West Palm Beach FL 33405

Multi-family For Sale
$650,000

BTC: 8.25442316

ETH: 280.17241379

1 days
0 room(s)
1,821 sqft

Overview

RARE CORNER-LOT DUPLEX! This income-producing property sits on a huge, oversized corner lot in a fast-appreciating neighborhood, just minutes from the beach and Downtown West Palm Beach. Offering a stable rent roll and exceptional value-add potential, the duplex features separate entrances, a brand-new roof, and a spacious lot that provides an excellent foundation for future improvements. Significant renovation upside and attractive pro-forma concepts showcase the property’s full potential. Whether you’re looking for immediate rental income or a long-term hold with room to grow, 702 Fernwood Drive is a great opportunity in a desirable West Palm Beach location.

Location

Florida • West Palm Beach • 33405 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1945
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$357
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $489K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$8,515
2025
Parking
2 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 74434404160000510

    • Zoning: SF7 (cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,515

  • Source details

    • MLS ID: A12113114

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1821

    • Water Source: Municipal Water

    • Subdivision Name: FERNWOOD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33405
110
median $3.0M
Active
Same city
West Palm Beach
1,371
median $375K
Active
Same type
Multi-family
36
median $707K
Active
Similar price
$455K – $845K
279
median $599K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman