444 Malverne Road
West Palm Beach, FL 33405
1474 sqft | 5 beds | 3 baths | 0.12 acres | #RX-11070112
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, offering strong rental income potential.
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Public Sewer, Public Water
- SubdivisionESTATES OF SOUTH PALM BEACH
- Lot FeaturesWest of US-1, < 1/4 Acre
- Lot DescriptionWest of US-1, < 1/4 Acre
- Property SubtypeSingle Family Detached
- StyleDup/Tri/Row
- RoofComposition
- MLS #RX-11070112
- MLS #RX-11070112
- CountyPalm Beach
- Property TypePurchase
- Original List Price$749,900
- CoolingCentral
- HeatingCentral
- ZoningMF20(c
- Taxes Annual$7,229
- Cost749900
- Acres0.115
- Square Feet1474
- Lot Size (sqft)5000
- Year Built1955
- Bedrooms5
- Bathrooms3
- Full Baths3
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Joseph Franklin (#276538380)
Listing Office: Johnston Group Real Estate Services LLC (#276551039)
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