$1,200,000

4338 Forest Road, West Palm Beach, FL 33406

  • 3,084 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $389/sqft
  • Property List Date Icon Listed 3 months ago

Property 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!

Listing Status:
Active
Date Added:
February 24, 2025 at 06:00AM
Listing Office:
The Keyes Company : (561) 405-4960
Listing Agent:
David Joseph : (561) 789-7726
MLS ID:
R11065545
  • Flooring: Ceramic TileMarbleTile
  • A/C: Central Air
  • Heating: Central

This listing courtesy of David Joseph, The Keyes Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Berkshire Elementary School

1060 Kirk Rd, West Palm Beach, FL, 33406

Grades PK-5

0.38 miles away

P

Palm Springs Community Middle School

1560 Kirk Rd, West Palm Beach, FL, 33406

Grades 6-8

0.68 miles away

E

Educational Services Program-East

3228 Gun Club Rd, West Palm Beach, FL, 33406

Grades 5-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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