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424 Valley Forge Road 1, West Palm Beach, FL 33405 (MLS# R10103069)

424 Valley Forge Road 1, West Palm Beach, FL 33405

$351,500
Property Type: Residential Income Square Footage: 3,954 Status: Closed
Current Price: $351,500 List Date: 1/16/2015 Last Modified: 5/17/2026

Overview

Description

Fantastic 6 unit income producing rental complex. This solid investment consists of a 2/1 single family, 1/1 single family and two 1/1 duplexes surrounding a large courtyard. Conveniently located to restaurants, schools and walking distance to the intracoastal. Currently these rents are WELL BELOW market value. Ample parking. Separate electric meters.Unit 5 is a 1/1 currently at $700 and unit 6 is a 1/1 at $675 per month. This is a rare opportunity and will go fast. *** Drive by and please do not disturb tenants**

Listing Details MLS# R10103069

General Property Information

Number Of Units Total
6
Property Sub Type
Quadruplex
Building Area Main
3954
Building Area Source
Public Records
Living Area Main
3684
Year Built
1940
Lot Size Area
13750
Lot Size Acres
0.32
Lot Size Dimensions
125.0 ft x 0.0 ft
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: Jogging Path Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Ceramic Tile; Parquet Property Condition: Resale Tenant Pays: Cable TV; Electricity; Gas Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Other Structures: Shed(s) Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Tax Information: City/County Water Access: None Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Appliances: Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Appliances: Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Appliances: Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 4 Appliances: Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Contingencies: Inspection Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
442500

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
424
Street Name
Valley Forge
Street Suffix
Road
Unit Number
Yes
City Name
West Palm Beach
State Or Province
FL
Postal Code
33405
Postal Zip
33405
Subdivision Name
COLONIAL ESTATES
Area
5430
Geographic Area
PB20
Special Assessment YN
No
Parcel Number
74434404040120140
Zoning
SF7
Directions
FOREST HILL BLVD EAST TO DIXIE HWY. NORTH ON DIXIE HIGHWAY, WEST ON VALLEY FORGE.
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
5486.69
Tax Year
2014
Tax Legal Description
COLONIAL ESTS LTS 14 TO 18 INC BLK 12

Status Change Information

Major Change Timestamp
2015-09-15T15:23:41Z
Major Change Type
Status Change
Price Change Timestamp
2015-06-29T17:10:18Z
Status Change Date
2015-09-15
Under Contract Date
2015-07-04
Close Date
2015-09-14
Close Price
351500
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
17256
Gross Income
54000
Net Operating Income
36744

Unit 1 Details

Actual Rent
950
Baths Full
Yes
Furnished
Unfurnished
SqFt
1152

Unit 2 Details

Actual Rent
725
Baths Full
Yes
Furnished
Unfurnished
SqFt
550

Unit 3 Details

Actual Rent
775
Baths Full
Yes
Furnished
Unfurnished
SqFt
540

Unit 4 Details

Actual Rent
750
Baths Full
Yes
Furnished
Unfurnished
SqFt
680

Price Calculations

Current Price To SqFt
95.41
Original List Price To Close Price
1.25

Originating Details

Originating System Key
20150115164158198714000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Jogging Path
Yes

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes
Parquet
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes

Other Structures

Shed(s)
Yes

Possession

Close Of Escrow
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Appliances

Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 4 Appliances

Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes

Unit 4 Parking Features

Open Parking
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Higher Standards Real Estate
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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