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Wade M. Berlin

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424 Malverne Road
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PRICED AT ONLY: $785,000

Address: 424 Malverne Road, West Palm Beach, FL 33405

Description

Calling all 1031 exchange buyers! Great opportunity to own a great investment property.The main house is a 2 + DEN/ OFFICE bedroom, 1 bathroom, and the guest house is 2 bedroom, 1 bathroom with a full kitchen, offering incredible rental potential. Live in one and rent the other, or use both as an income producing short term rental.The spacious backyard is perfect for entertaining, featuring a HOT TUB for ultimate relaxation. IMPACT WINDOWS, throughout both homes provide peace of mind and energy efficiency and hurricane safety, Both houses has newer AC . With no HOA restrictions, bring your pets, store your boat, or RV.Minutes from beaches, dining, and major transit lines, this is a rare opportunity to own a flexible, high income property in a prime location.
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  • MLS#: RX-11068300 ( Duplex )
  • Street Address: 424 Malverne Road
  • Viewed: 6
  • Price: $785,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 156
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Features
Building and Construction
  • Absolute Longitude: 80.055867
  • Construction: Frame, Woodside
  • Exterior Features: Deck, Fence, Open Patio
  • Flooring: Clay Tile, Vinyl Floor, Wood Floor
  • Roof: Comp Shingle
  • Sqft Source: Owner
  • Sqft Total: 1660.00
  • Total Building Sqft: 1612.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 50.0 ft x 100.0 ft
  • Subdivision Information: None
School Information
  • Elementary School: South Olive Elementary School
  • High School: Forest Hill Community High School
  • Middle School: Conniston Middle School
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Central
  • Heating: Central Individual
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Gas Natural, Public Sewer, Public Water
  • Window Treatments: Impact Glass
Finance and Tax Information
  • Application Fee: 0.00
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 60000.00
  • Income Expenses Annual Total Expense: 9000.00
  • Income Expenses Gross Operating Inc: 50000.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: None
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: ESTS OF SOUTH PALM BEACH REV LTS 417 & 418
  • Spa: Yes
  • Parcel Id: 74434403010004170
  • Possession: At Closing, Funding
  • Special Assessment: No
  • Special Info: Sold As-Is
  • View: Garden
  • Zoning: MF20(c
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin