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424 Valley Forge Rd, West Palm Beach, FL, 33405

$1,560,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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424 Valley Forge Rd, West Palm Beach$1,560,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1940
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11558051
StatusActive

About 424 Valley Forge Rd

Prime investment opportunity! Presenting this newly renovated garden-style 6-plex investment property in West Palm Beach. Ideal for investors seeking an income-producing asset. 6 units : One 3 Bedrooms, Four 2 Bedrooms and One 1 Bedroom. All units and building have been completely remodeled with new impact windows installed, new AC units, new paint, new gate, and new landscaping. Large corner lot with 9 parking spaces. With solid returns and excellent potential for growth, this asset promises steady income and long-term value.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: LIV Real Estate Group
  • Office Phone: (561) 212-4640
  • Listing Agent: Benjamin Lipkin

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Virtual/3D Tour

  • Virtual Tour: 424 Valley Forge Rd

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Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Forest Hill Community High School, Public Magnet Grades 9-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • South Olive Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,560,000

Tax Information:

  • Annual Amount: $11,267
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

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West Palm Beach, FL

City

Med. Sold Price

$382.9K

Med. Price/SqFt

$266

Avg. Days On Market

65

# of Sold Homes

284

424 Valley Forge Rd vs West Palm Beach

31 DAYS ON ROCKET

-34 Days

$1,560,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11558051

Listing Office:

  • Office Name: LIV Real Estate Group
  • Office Phone: (561) 212-4640
  • Listing Agent: Benjamin Lipkin

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,267$509,314
2019$10,397$387,105
2018$9,019$351,914
2017$8,057$319,922

History based on county public records data.

Payment Calculator

$7,853

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,743

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2862734
6
/10

  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2862735
4
/10

  • Conniston Middle School

  • 3630 Parker Ave

  • 1.30 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2862736
3
/10

  • Forest Hill Community High School

  • 6901 Parker Ave

  • 0.71 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,104. The most common annual income of people living in West Palm Beach, FL is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›424 Valley Forge Rd

This home is located at 424 Valley Forge Rd in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This home was built in 1940. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,560,000.

In March 2024, from all listings sold in West Palm Beach, FL there were more than 21 sold above asking price, over 220 sold below and more than 43 were sold right at the asked price. The inventory of homes for sale in West Palm Beach, FL between February 2024 and March 2024 increased by 10.9%. Listings spent 65 days on the market in March 2024, and had a median list price of $382,914 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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