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4338 Forest Road, West Palm Beach, FL 33406
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4338 Forest Road
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,200,000
For more Information Call:
Address: 4338 Forest Road, West Palm Beach, FL 33406
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  • MLS#: RX-11065545 ( Quad Plex )
  • Street Address: 4338 Forest Road
  • Viewed: 5
  • Price: $1,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 0
  • Days On Market: 145
  • Additional Information
  • Geolocation: 26.6609 / -80.1101
  • County: PALM BEACH
  • City: West Palm Beach
  • Zipcode: 33406
  • Subdivision: Bergantino Est
  • Building: Bergantino Estates
  • Provided by: The Keyes Company
  • Contact: David C Joseph
  • (561) 405-4960
  • DMCA Notice
  • Description
    Exceptional investment opportunity! QUADPLEX PLUS LAND LOT! This updated quadplex with no HOA offers impact windows throughout plus separate water & electric meters for each unit. The property is 100% occupied with great tenants, generating a super strong cap rate!Included in the sale is the adjacent vacant land lot 0 Preston Dr, bringing the total combined lot size to over half an acre. This prime land unlocks tremendous upside potential for future development, additional units, or value add opportunities in a high demand rental market.Whether you're looking for steady rental income, expansion opportunities, or a high performing asset in a sought after location, this property checks all the boxes. Don't miss out on this rare multifamily + land package!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
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Features
Building and Construction
  • Absolute Longitude: 80.110086
  • Construction: CBS
  • Exterior Features: Covered Patio, Exterior W/D Hookup, Fruit Tree(s)
  • Flooring: Ceramic Tile, Marble, Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 4116.00
  • Total Building Sqft: 3084.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: 1/2 to < 1 Acre, 1/4 to 1/2 Acre
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Septic
  • Window Treatments: Impact Glass
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 71683.94
  • Income Expenses Annual Total Expense: 15316.06
  • Income Expenses Gross Operating Inc: 87000.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Water
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: REPLAT OF BERGANTINO ESTATES E 25 FT OF LT 63 & LT 64
  • Parcel Id: 00424412020000631
  • Possession: At Closing, Funding
  • Special Info: Sold As-Is
  • View: Other
  • Zoning: RM
Nearby Subdivisions
Bergantino Est   Bergantino Estates Repl In   Pine Air 3   West Palm Beach  
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Headshot for Associate Richard Rovinsky
  1. Richard Rovinsky, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 843.870.0037
  4. Office: 352.515.0726
  5. rovinskyrichard@yahoo.com
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