2 months on rocket

702 Fernwood Dr, West Palm Beach, FL, 33405

$635,000

Home List Price

$7,541*

Closing Credit

0 Baths
1,509 SqFt
$421/SqFt
Multi

Location

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702 Fernwood Dr, West Palm Beach$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1945
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontNone
MLS #RX-11029158
StatusActive

About 702 Fernwood Dr

Rare opportunity to own a one-of-a-kind duplex in the heart of West Palm Beach! This phenomenal investment offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Centrally located east of I-95, the property is just minutes from downtown West Palm Beach, the beach, and major highway access, making it ideal for both tenants and owner-occupants alike. Don't miss out on this fantastic chance to invest in a prime location with incredible growth potential!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1
  • Living Area: 1,509 SqFt

Listing Office:

  • Office Name: Partnership Realty Inc.
  • Office Phone: (561) 355-0270
  • Listing Agent: Alejandro Obregon Ibarra

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence, Open Patio

Virtual/3D Tour

  • Virtual Tour: 702 Fernwood Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $421/SqFt
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

702 Fernwood Dr vs West Palm Beach

65 DAYS ON ROCKET

-4 Days

$635,000

+$235.5K More

$421/SqFt

+$147 More

KEY TAKEAWAY

This property is $235.5K more than the Median Sold Price and $147/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11029158

Listing Office:

  • Office Name: Partnership Realty Inc.
  • Office Phone: (561) 355-0270
  • Listing Agent: Alejandro Obregon Ibarra

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,237

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-716887
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 0.19 miles

  • Public Magnet Grades PK-5

school-card-donut-716888
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-716889
8
/10
  • Meadow Park Elementary School

  • 956 S Florida Mango Rd

  • 1.11 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,432. The most common annual income of people living in West Palm Beach, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›702 Fernwood Dr

This home is located at 702 Fernwood Dr in West Palm Beach, FL and zip code 33405 in the Parker Ridge neighborhood. This 1,509 square foot home was built in 1945. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $635,000.

Over 17 listings were sold over their listed price in November 2024 in West Palm Beach, FL. In the same period over 146 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in West Palm Beach, FL between October 2024 and November 2024 increased by 11.1%. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $399,465.

From Rocket Homes Real Estate and based on county public records data.

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