Premier Brokers International
Property photos —
New listingMLS listing sourceMIAMI REALTORS® MLS
New listingMLS® A12113114
$650,000

702 Fernwood Drive, West Palm Beach, FL 33405

Beds
—
Baths
0
Sqft
1,821
Est. payment$4,407/mo
Home type
Duplex
Year built
1945
Lot size
—
Price / sqft
$357
HOA
$0/mo
Community
FERNWOOD

Property description

RARE CORNER-LOT DUPLEX! This income-producing property sits on a huge, oversized corner lot in a fast-appreciating neighborhood, just minutes from the beach and Downtown West Palm Beach. Offering a stable rent roll and exceptional value-add potential, the duplex features separate entrances, a brand-new roof, and a spacious lot that provides an excellent foundation for future improvements. Significant renovation upside and attractive pro-forma concepts showcase the property’s full potential. Whether you’re looking for immediate rental income or a long-term hold with room to grow, 702 Fernwood Drive is a great opportunity in a desirable West Palm Beach location.

Listing activity

Days on market
0
Listed
Oct 28, 2026
MLS listing updated
Oct 28, 2026
Feed last checked
9 minutes ago

Listed by John McSherry · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile

Heating & cooling

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Property

Exterior

Stories
1
Building area
1,821 sqft
Pool
No
Waterfront property
No

Lot

Zoning
SF7 (cit
Construction

Type & style

Home type
Duplex
Structure type
Duplex
Year built
1945
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
FERNWOOD
MLS area
5430
MLS subarea
PB25

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33405
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12113114
Possession
Close Of Escrow, Negotiable
Original list price
$650,000
Parcel number
74434404160000510
Annual property tax
$8,515
Tax year
2025
Tax legal description
FERNWOOD LTS 51 TO 53 INC
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
1821
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
0
Elementary School
Palmetto (Palm Beach)
High School
Forest Hill
List Price
650000
Listing Contract Date
2026-10-28
Living Area
1821
MLSArea Major
5430
MLSArea Minor
PB25
Middle Or Junior School
Conniston Community
Mls Status
Active
On Market Date
2026-10-28
Photos Count
26
Postal Code
33405
Property Sub Type
Duplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-28T04:00:00Z
Stories Total
1
Subdivision Name
FERNWOOD
Water Source
Public
Tax Annual Amount
8515
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 28, 2026ListedMIAMI REALTORS® MLS$650,000$357/sqft

Public tax history

YearProperty taxesAssessment
2025$8,515—

Payment calculator

Estimated monthly payment$4,407/moIllustrative estimate, not a loan offer.
Principal & interest
$3,373
Property taxes
$710
Insurance
$325
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FERNWOOD

West Palm Beach · Palm Beach County · 33405

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Palmetto (Palm Beach)Elementary
—
Conniston CommunityMiddle
—
Forest HillHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Douglas Elliman. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.