702 Fernwood Drive, West Palm Beach, FL 33405

$650,000 · Active

  • 0 baths
  • 1,821 sq ft
  • 11 days on market
  • Duplex
  • Built 1945
  • Palm Beach County
  • MLS# A12113114
  • Fernwood
Photo 1 at 702 Fernwood Drive, West Palm BeachPhoto 2 at 702 Fernwood Drive, West Palm BeachPhoto 3 at 702 Fernwood Drive, West Palm BeachPhoto 4 at 702 Fernwood Drive, West Palm BeachPhoto 5 at 702 Fernwood Drive, West Palm BeachPhoto 6 at 702 Fernwood Drive, West Palm BeachPhoto 7 at 702 Fernwood Drive, West Palm BeachPhoto 8 at 702 Fernwood Drive, West Palm Beach

About this home

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.

Schools

  • Elementary: Palmetto (Palm Beach)
  • Middle: Conniston Community
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · martha.pomares@elliman.com · Listing agent: John McSherry

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 702 Fernwood Drive.

Before You Make an Offer

How to analyze a rental property

Selling a Rental or Small Multifamily Property?

Investors buying duplexes, triplexes and rented homes ask for the rent roll, the leases, the expenses and the condition, and several have told BreakThru Realty what they want to buy. If you own an income property, a broker can compare it with those requirements and explain how a sale with the tenants in place would work.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 702 Fernwood Drive

How much is 702 Fernwood Drive?
702 Fernwood Drive is listed at $650,000, which is about $357 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 702 Fernwood Drive?
The listing reports annual property taxes of $8,515 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 702 Fernwood Drive built?
702 Fernwood Drive was built in 1945 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 702 Fernwood Drive been on the market?
702 Fernwood Drive has been listed for 11 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 702 Fernwood Drive?
The MLS lists Palmetto (Palm Beach) (elementary), Conniston Community (middle), Forest Hill (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 702 Fernwood Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The home at 3804 Miller Avenue, West Palm Beach, FL 33405 is comparable and listed for sale at $545,000. Another comparable home, 711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401, sold for $569,990 in October 2026. West Palm Beach neighborhoods include Forest Hill Village and Broadmoor. Nearby ZIP codes include 33401 and 33406. This property also neighbors Cloud Lake, Lake Clarke Shores, and Palm Springs. Compare it with the West Palm Beach housing market report.