$650,000
702 Fernwood Drive
West Palm Beach, FL 33405
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $650,000
- Price per sq ft
- $357
- Original price
- Unchanged
- Days on market
- 14
This multi-family property in Fernwood is listed at $650,000, or $357 per square foot. It has been on the market for 14 days.
Estimated monthly payment
$3,416 /mo
Principal and interest only, based on $130,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $650,000
- Days on Site
- 14 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,821 sqft
- Total Sq Ft
- 1,821 sqft
- Year Built
- 1945
- Property Type
- Multi-Family
- MLS #
- A12113114
- Property Tax
- $8,515 (2025)
- Subdivision
- FERNWOOD
- County
- Palm Beach
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,821
- Total Sq Ft
- 1,821
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF7 (cit
Interior Features
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / FHA
- MLS Area
- 5430
Schools
- Elementary School
- Palmetto (Palm Beach)
- Middle School
- Conniston Community
- High School
- Forest Hill
About the Community
Fernwood is a community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $435,000 to $645,000. Homes were built between 1948 and 1950. Pure Equity lists homes in Fernwood and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 1
- Median List Price
- $465,000
- Median $/Sq Ft
- $427
- Avg Days on Market
- 7
Frequently Asked Questions
- How do I schedule a tour of 702 Fernwood Drive, West Palm Beach, FL 33405?
- Use the Tour button on this listing to request a showing of 702 Fernwood Drive, West Palm Beach, FL 33405. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 702 Fernwood Drive, West Palm Beach, FL 33405 still available?
- 702 Fernwood Drive, West Palm Beach, FL 33405 is currently listed as Active, and has been on the market 14 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 702 Fernwood Drive, West Palm Beach, FL 33405?
- With 20% down ($130,000) on the $650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 702 Fernwood Drive, West Palm Beach, FL 33405 is about $3,416/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 702 Fernwood Drive, West Palm Beach, FL 33405?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 702 Fernwood Drive, West Palm Beach, FL 33405. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 702 Fernwood Drive, West Palm Beach, FL 33405?
- 702 Fernwood Drive, West Palm Beach, FL 33405 is zoned for Palmetto (Palm Beach) (elementary), Conniston Community (middle), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 702 Fernwood Drive, West Palm Beach, FL 33405?
- Often, yes. The right offer on 702 Fernwood Drive, West Palm Beach, FL 33405 depends on how it's priced against comparable multi-family sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$650,000
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Listed by John McSherry, Douglas Elliman
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Recent Sales
Recently sold homes in Fernwood
These are the last 6 recorded closings in Fernwood, with the price each home actually sold for rather than what it was listed at. They closed at a median of $397 per square foot. The most recent closed on September 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$610,000
Sold · September 4, 2026
5555 Garden Avenue
0 bed · 0 bath · 2,328 sqft · $262/sqft
$85,900 under the asking price
Sold$450,000
Sold · July 28, 2026
732 Highland Drive
3 bed · 2 bath · 1,017 sqft · $442/sqft
$19,000 under the asking price
Sold$450,000
Sold · July 28, 2026
732 Highland Drive
0 bed · 0 bath · 1,170 sqft · $385/sqft
$19,000 under the asking price
Sold$575,000
Sold · July 22, 2026
736 Rockland Drive
5 bed · 3 bath · 1,447 sqft · $397/sqft
$25,000 under the asking price
Sold$419,000
Sold · May 20, 2026
701 Palmetto Street
2 bed · 1 bath · 976 sqft · $429/sqft
$900 under the asking price
Sold$285,000
Sold · March 13, 2026
729 Rockland Drive
2 bed · 1 bath · 742 sqft · $384/sqft
$35,100 over the asking price
See every recorded sale in Fernwood or find out what your Fernwood home is worth.
