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  4. 444 Malverne Road, West Palm Beach, FL 33405
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444 Malverne Road
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PRICED AT ONLY: $749,900

Address: 444 Malverne Road, West Palm Beach, FL 33405

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,

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More Like This
  • MLS#: RX-11070001 ( Duplex )
  • Street Address: 444 Malverne Road
  • Viewed: 5
  • Price: $749,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 152

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,
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Features
Building and Construction
  • Absolute Longitude: 80.056651
  • Construction: CBS, Concrete
  • Exterior Features: Exterior W/D Hookup, None
  • Flooring: Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 1474.00
  • Total Building Sqft: 1474.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, West of US-1
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central, Central Building
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Cable, Electric, Public Sewer, Public Water
  • Window Treatments: Blinds
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 51500.00
  • Income Expenses Annual Total Expense: 17500.00
  • Income Expenses Gross Operating Inc: 69000.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Sewer, Water
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: ESTS OF SOUTH PALM BEACH REV LTS 407 & 408
  • Multiple Ofrs Acptd: Yes
  • Parcel Id: 74434403010004070
  • Possession: At Closing, Funding
  • Zoning: MF20
Nearby Subdivisions
Bunker Hill Add   Colonial Estates   Colonial Ests   Estates Of South Palm Beach   Estates Of South Palm Beach Ad   Fernwood   Forest Ridge Park   Gardens The   Lakeview Ridge   Palm Boulevard Ext I   Rosedale   Seminole Heights   South Palm Beach Estates   Vista Encanto Lt 44 Blk 3   Vista Encanto Add  
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Contact Info

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