702 Fernwood Dr, West Palm Beach, FL 33405
702 Fernwood Dr, West Palm Beach, FL 33405
702 Fernwood Dr, West Palm Beach, FL 33405
702 Fernwood Dr, West Palm Beach, FL 33405
702 Fernwood Dr, West Palm Beach, FL 33405
702 Fernwood Dr, West Palm Beach, FL 33405
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Gerardo (Jerry) Barrios

Gerardo (Jerry) Barrios

+1(786) 318-7422
$ 650,000
Est. payment | /mo

1,821 SqFt

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$ 650,000
Est. payment | /mo
Save Virtual Tour

1,821 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,821 sqft

Price per Sqft $356

Subdivision Fernwood

MLS Listing ID A12113114

HOA Y/N No

Year Built 1945

Annual Tax Amount $8,515

Tax Year 2025

Property Sub-Type Duplex

Property Description

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

State FL

County Palm Beach

Community Fernwood

Area 5430

Zoning SF7 (cit

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Lot Description Flood Zone, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type CBS (Concrete Block Structure),Block

Others

Tax ID 74434404160000510

Acceptable Financing Cash, Conventional, FHA 203(k), FHA

Listing Terms Cash, Conventional, FHA 203(k), FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12113114

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman

Schools and Properties Nearby

Gerardo (Jerry) Barrios
Gerardo (Jerry) Barrios

Agent License ID: 3646800

+1(786) 318-7422 | gbarrios@axenrealty.com

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702 Fernwood Dr