702 Fernwood Dr

West Palm Beach, FL 33405

$650,000

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Sq ft: 1,821
Year built: 1945
Price per sq ft: $357

Listing courtesy of John McSherry, Douglas Elliman

About this home

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.

Details

Property

Type: Duplex
Style: Detached
Building: Duplex
Year built: 1945
Stories: 1
Building name: FERNWOOD
Subdivision: FERNWOOD
County: Palm Beach County
Flood zone: AE,X

Interior

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

Exterior and parking

Construction: CBS Construction
Roof: Composition Roll

Community and fees

Annual taxes: $8,515
Terms: All Cash, Conventional, FHA, FHA 203K

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 28, 2026.