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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 25 2025 AT 8:11 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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4338 Forest Rd

west palm beach, FL 33406

$1,200,000

    INTERESTED? LET'S CONNECT

    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!

    Details

    3,084 Sq Ft

    0.28 Private Acres Exterior Space

    Investment

    $8,814 Annual Tax

    Built in 1988

    MLS/Listing ID RX-11065545

    1 Stories

    4 Units

    Amenities & Features

    Fruit Trees

    Listing Courtesy of THE KEYES COMPANY, DAVID JOSEPH - 561-789-7726

    FTL

    Source of Data: BEACHESMLS

    Interested in 4338 Forest Rd?