Multifamily in West Palm Beach, FL 33405
Estates Of South Palm Beach, 444 Malverne Rd

Beds
1,474
SqFt
$509
$/SqFt
Multifamily
Built in 1955
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,
MLS Number: R11070001
On Site: 555 Days
Updated: 555 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: None
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: Blinds
      • Year Built: 1955
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-03-10T15:27:14.000-00:00
        Taxes, Fees & More
        • Taxes: 6642
        • Total Units in Building: 2

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        03/10/2025
        Listed
        $750K
         
        $509 ft2
        $5,476 m2
        03/10/2025
        $750K
        Event
        Listed
        Price Per
        $509 ft2
        $5,476 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Joseph FranklinJohnston Group Real Estate Services LLC • Buyer Agency Compensation .

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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