702 Fernwood Dr West Palm Beach, FL $ 650,000
702 Fernwood Dr
$ 650,000
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702 Fernwood Dr

West Palm Beach, FL, 33405
$ 650,000
Bedrooms3 Baths1.0 Sq 1,821

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in West Palm Beach, FL

for $650,000 with 3 bedrooms and 1 full bath. This 1,821 square foot home was built in 1945.

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.

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Multi-Family Active

Price

$ 650,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,515

Style

Year Built

1945

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

A12113114

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Composition
Pool Features None
Construction Materials CBS (Concrete Block Structure) Block
Year Built 1945
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Palm Beach
Property Type Residential Income
Subdivision Name FERNWOOD
Rent Includes None
Full Baths 1
Status Active
City West Palm Beach
Zoning Description SF7 (cit
Number Of Units Total 1
MLS Area 5430
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA 203(k) FHA
Year Built Details Resale
Tax Annual Amount 8515
MLS Area Minor Palm Beach 5420; 5430; 5440
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12113114
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description FERNWOOD LTS 51 TO 53 INC
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Lot Features Flood Zone < 1/4 Acre
Water Source Public
Total Parking 2
Building Area Total 1821
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Douglas Elliman

Broker

John.McSherry@elliman.com

Email

Affordability Calculator

$5,199
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$710
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/28/2026 $650,000 Listed Price

Map


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702 Fernwood Dr, West Palm Beach, FL, 33405 is a Multi-Family Home for sale at $650,000 with 1,821 sqft. 702 Fernwood Dr has 3 bedrooms, 1.0 baths, and was built in 1945. The property's zip code is 33405 which is in West Palm Beach, FL