444 Malverne RD new

West Palm Beach,FL 33405

$ 749900

5 Beds

3 Baths

1474 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,474 sqft

Price per Sqft $508

Subdivision Estates Of South Palm Beach

MLS Listing ID RX-11070001

Bedrooms 5

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $6,642

Tax Year 2024

Lot Size 5,000 Sqft

Property Sub-Type Duplex

Property Description

Located in the desirable South of Southern (SoSo) neighborhood, this property offers two fully renovated homes on one lot. The rear home features three bedrooms and two bathrooms, while the front home includes two bedrooms and one bathroom. The front home is currently operating as an Airbnb, previously generating $6,500 per month. The property is now transitioning to annual leases, with projected rental income of $4,500 per month for the rear home and $3,000 per month for the front home.Both homes have roofs replaced in 2017, along with new hot water heaters and central AC systems. They are fully furnished, and impact windows have been ordered and will transfer to the buyer upon installation. This is a prime investment opportunity in one of the most sought-after neighborhoods,

Location

State FL

County Palm Beach

Area 5430

Zoning MF20

Interior

Heating Central,Central Building

Cooling Central

Flooring Tile

Exterior

Exterior Feature Exterior W/D Hookup,None

Utilities Available Cable,Electric,Public Sewer,Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Building

Lot Description < 1/4 Acre,West of US-1

Story 1.0

Foundation CBS,Concrete

Construction Status Resale

Others

Senior Community No Hopa

Restrictions Lease OK,None

Acceptable Financing Cash,Conventional,Exchange,FHA,VA

Listing Terms Cash,Conventional,Exchange,FHA,VA

Financing Cash,Conventional,Exchange,FHA,VA

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