About This Home

This 6-bedroom, 0-bathroom multi-family at 702 Fernwood Dr in West Palm Beach, FL is listed for $650,000 ($357 per sqft). Built in 1945, the home offers 1,821 sqft of living space on a N/A lot.

Key Features

  • Built in 1945
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
1945

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

702 Fernwood Dr

West Palm Beach, FL 33405

FERNWOOD

Property Details

Flooring

Tile

Construction

CBS (Concrete Block Structure) Block

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)Electric

Questions & Answers

This 6-bedroom, 0-bathroom multi-family at 702 Fernwood Dr is listed at $650,000 ($357/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 2 parking spaces.

This property is listed by John McSherry.

JM

John McSherry

License 3535188

Agent at Douglas Elliman

Listed by Douglas Elliman · Broker phone: (561) 249-4808 · View on Broker Site · Broker website

MLS# A12113114· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

702 Fernwood Dr, West Palm Beach, FL 33405

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