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$749,900

Beds
5
Baths
3.0
sq ft
1,474

444 Malverne Rd, West Palm Beach, FL 33405

444 Malverne Rd

West Palm Beach, FL 33405

  • 19 days on market
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,

Details

Property type

Single Family Residence

Est. home value

$384,177

Lot size

5,000 sq ft

Price per sq ft

$509

Year built

1955

Annual property taxes

$7,230

Price History

03/10/2025
Beaches

Beaches #R11070112

Listed
$749,900
+127.24%
06/07/2022
Beaches

Beaches #R10794028

Sold
$330,000

Schools & Community

Neighborhood: 

South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ars Realty And Investments Inc

Loan start date

October 2022

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Stand Alone Second, 3 year

Seller

Brandon Hamilton

Lender

Aqua Enterprises Of Pb Llc

Loan start date

June 2022

Original loan amount

$330,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Balloon, 3 year

Seller

Brandon Hamilton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 1:15 AM

Listing updated: 03/10/2025 at 10:00 PM

Listed by: Joseph Franklin, Johnston Group Real Estate Services LLC Phone #: (561) 287-0085

MLS: Beaches #R11070112

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