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$599,900

702 Fernwood Dr West Palm Beach, FL 33405

1,509 sqft
$398 / sqft
Multi-Family

Property details

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!

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size1,509 sqft
Year built1945
MLS #RX-11029158

Virtual tour

Summary

  • Flooring Type: Tile
  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence, Open Patio
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • List Price: $599,900
  • Price/SqFt: $397
  • Annual Tax Amount: $7,429
  • Tax Year: 2023
  • Year Built: 1945
  • Stories: 1
  • Living Area: 1,509 SqFt
  • MLS Number: RX-11029158
  • Office Name: Partnership Realty Inc.
  • Office Phone: (561) 355-0270
  • Listing Agent: Alejandro Obregon Ibarra
  • Agent Phone: (561) 425-4463

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 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: 7/15/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 13, 2016
Home Sold
$190,000
Jun 05, 2015
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2023$400,797$7,429
2022$284,543$6,414

History based on county public records data.

Nearby schools

5

Palmetto Elementary School

Public Magnet PK-5

0.2 mi

5801 Parker Ave

6

South Olive Elementary School

Public District PK-5

0.9 mi

7101 S Olive Ave

8

Meadow Park Elementary School

Public Magnet PK-5

1.1 mi

956 S Florida Mango Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

35%
<35k
49%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 702 Fernwood Dr

The listing price of 702 Fernwood Dr property is $599,900.

The property 702 Fernwood Dr is a multi located in West Palm Beach, Florida, 33405.

Active Listing: 702 Fernwood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 702 Fernwood Dr are: Palmetto Elementary School (GreatSchools Rating 5/10), South Olive Elementary School (GreatSchools Rating 6/10), Meadow Park Elementary School (GreatSchools Rating 8/10), Renaissance Charter School at Summit (GreatSchools Rating 3/10), Conniston Community Middle School (GreatSchools Rating 4/10), Sports Leadership and Management (Slam) Middle School Palm B (GreatSchools Rating 5/10), Forest Hill Community High School (GreatSchools Rating 4/10), Slam Academy High School Palm Beach (GreatSchools Rating 4/10), G-Star School of the Arts (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $7,429 (source: MLS/based on county public records data).

The last sale was on April 13, 2016 for $190,000 (source: MLS/tax record).

The property 702 Fernwood Dr is 1,509 SqFt (source: MLS/tax record).

The year of construction for 702 Fernwood Dr is 1945.

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. Features: 0 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $599,900.

While more than 21 listings in West Palm Beach, FL in June 2025 were sold above asking price, there were more than 29 listings sold at asking price, and more than 177 were sold below. Between May and June 2025, West Palm Beach, FL real estate market has seen increase in the number of listings by 4.9%. While the average time on the market in June 2025 was 75 days, the median list price was $412,666.

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

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