424 Malverne Rd West Palm Beach, FL 33405
South End NeighborhoodEstimated payment $5,115/month
Highlights
- Heated Spa
- Wood Flooring
- Impact Glass
- Deck
- Garden View
- Patio
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,761
Year Built
- Built in 1920
Lot Details
- 5,000 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,612 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Garden Views
- Impact Glass
Flooring
- Wood
- Clay
- Vinyl
Pool
- Heated Spa
- Above Ground Spa
- Above Ground Pool
Outdoor Features
- Deck
- Patio
Schools
- South Olive Elementary School
- Conniston Community Middle School
- Forest Hill High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434403010004170
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- Estates Of South Palm Bea Subdivision
Building Details
- Operating Expense $9,000
- Net Operating Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Price Changed | $785,000 | 0.0% | $487 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $785,000 | -1.8% | $487 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $799,000 | 0.0% | $496 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $799,000 | +50.8% | $496 / Sq Ft |
| 08/17/2022 08/17/22 | Sold | $530,000 | 0.0% | $329 / Sq Ft |
| 08/17/2022 08/17/22 | Sold | $530,000 | -13.8% | $329 / Sq Ft |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 06/10/2022 06/10/22 | For Sale | $614,793 | -4.2% | $381 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $641,793 | +1170.9% | $398 / Sq Ft |
| 04/12/2012 04/12/12 | Sold | $50,500 | +1.2% | $31 / Sq Ft |
| 03/13/2012 03/13/12 | Pending | -- | -- | -- |
| 07/22/2011 07/22/11 | For Sale | $49,900 | -- | $31 / Sq Ft |
Source: BeachesMLS
MLS Number: R11068300
APN: 74-43-44-03-01-000-4170
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