4338 Forest Road
West Palm Beach, FL 33406
- – beds
- – baths
- 3,084 sqft
- $389 per sqft
- 1988 build
- – on site
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!
Last checked:
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Last updated Mar 10, 2025
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MLS# RX-11065545 —
The Building
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Year Built:1988
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Total Units in Bldg:4
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Separate Water Meters:Yes
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SqFt Total:4116
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SqFt Source:Tax Rolls
Interior
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SqFt Living:3084
Financial & Terms
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$389.11
Location
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Directions:West on Forest Hill Blvd, turn north on Military Trail, and then turn left onto Forest Rd.
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Area:5480
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Latitude:26.66087
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Longitude:-80.110086
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Geographic Area:PB21
The Property
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Parcel ID:00424412020000631
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Zoning:RM
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Type:Quad Plex
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Lot SqFt:12,013 Sqft
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 789-7726
- Office phone:
- (561) 405-4960
Taxes
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Taxes:$8,813.56
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Tax Year:2024
The Listing
The Community
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Development Name:Bergantino Estates
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Subdivision:BERGANTINO EST
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Pets on Premises:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/24/25
Feb 24, 2025
|
Listed / Active | BMLS | $1,200,000 | |
|
10/17/19
Oct 17, 2019
|
Sold | BMLS |
