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.
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.
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
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