Multifamily in West Palm Beach, FL 33405
Estates Of South Palm Beach, 424 Malverne Rd

Beds
1,612
SqFt
$465
$/SqFt
Multifamily
Built in 1920
Garden View
Deck
Calling all 1031 exchange buyers! Great opportunity to own a great investment property.The main house is a 2 + DEN/ OFFICE bedroom, 1 bathroom, and the guest house is 2 bedroom, 1 bathroom with a full kitchen, offering incredible rental potential. Live in one and rent the other, or use both as an income producing short-term rental.The spacious backyard is perfect for entertaining, featuring a HOT TUB for ultimate relaxation. IMPACT WINDOWS, throughout both homes provide peace of mind and energy efficiency and hurricane safety, Both houses has newer AC . With no HOA restrictions, bring your pets, store your boat, or RV.Minutes from beaches, dining, and major transit lines, this is a rare opportunity to own a flexible, high-income property in a prime location.
MLS Number: R11068300
On Site: 560 Days
Updated: 391 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Deck,Fence,Patio
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Clay, Hardwood, Vinyl, Wood
      • Windows/Treatment: ImpactGlass
      • Year Built: 1920
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
      • Elementary School: South Olive
      • Middle School: Conniston Community
      • Senior High School: Forest Hill
      Other Property Info
      • Listing Date: 2025-03-05T10:20:19.000-00:00
      Taxes, Fees & More
      • Taxes: 9761
      • Total Units in Building: 2

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      Price History

      Current
      $749K
      High
      $799K
      Low
      $749K
      Total Change
      -6.3%
      $805K$774K$743KMar 25Apr 25Apr 25May 25Jul 25
      Date
      Event
      Price
      Change
      Price Per
      07/06/2025
      Price Reduced
      $749K
      -1.32%
      $465 ft2
      $5,001 m2
      05/27/2025
      Price Reduced
      $759K
      -1.3%
      $471 ft2
      $5,068 m2
      04/28/2025
      Price Reduced
      $769K
      -2.04%
      $477 ft2
      $5,135 m2
      04/02/2025
      Price Reduced
      $785K
      -1.75%
      $487 ft2
      $5,242 m2
      03/05/2025
      Listed
      $799K
       
      $496 ft2
      $5,335 m2
      07/06/2025
      $749K
      Event
      Price Reduced
      Change
      -1.32%
      Price Per
      $465 ft2
      $5,001 m2
      05/27/2025
      $759K
      Event
      Price Reduced
      Change
      -1.3%
      Price Per
      $471 ft2
      $5,068 m2
      04/28/2025
      $769K
      Event
      Price Reduced
      Change
      -2.04%
      Price Per
      $477 ft2
      $5,135 m2
      04/02/2025
      $785K
      Event
      Price Reduced
      Change
      -1.75%
      Price Per
      $487 ft2
      $5,242 m2
      03/05/2025
      $799K
      Event
      Listed
      Price Per
      $496 ft2
      $5,335 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Gabriella ThompsonThe Keyes Company • Buyer Agency Compensation .

      Listing Location & Street View
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      Scores

      Walk Score®
      Very Walkable. Most errands can be accomplished on foot
      75

      100
      Transit Score®
      Some Transit. A few nearby public transportation options
      31

      100
      Bike Score®
      Bikeable. Some bike infrastructure
      69

      100
      Community Snapshot
      3 – 4 BR
      Bedrooms
      $1.3M – $8M
      Price Tier
      633 - 4,540
      SqFt Range
      1938
      Year Build
      1
      Total Floors

      Subdivision Amenities

      None
      Sidewalks

      West Palm Beach
      Mid-Tier
      Mid-Tier Homes & Condos

      The Southend Communities in West Palm Beach, FL