8719 40th Terrace N Palm Beach Gardens, FL 33410

Multi-Family (2-4 Units) MLS #: RX-11058894 Courtesy Of RE/MAX Direct

$550,000

4 beds | 2 baths | 1,930 sq ft
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Est. Property Tax: $7,636
Estimated monthly payments: $3,041/mo.* (recalculate)

Property InformationDescription

Welcome to this completely remodeled duplex nestled on a spacious 0.44-acre lot in the heart of Palm Beach Gardens. This stunning property offers a fantastic opportunity for both investors and owner-occupants, featuring two fully renovated 2-bedroom, 1-bathroom units with modern upgrades throughout. Recently updated in 2022, the home boasts a new metal roof, a fully remodeled interior, and brand-new windows, ensuring durability and energy efficiency. One unit is currently rented at $2,200/month, well below the market rate of $2,400 per unit, presenting the potential for an impressive 8% return. The second unit is vacant, making it perfect for an owner looking to live in one unit while renting the other or for an investor seeking a high-performing rental property. As you arrive, you'll be
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Porch
  • Architecture Style: Other
  • Exterior Type: Block, Concrete
  • Floor Covering: Tile
  • Heating System: Central Furnace
  • Roof Type: Metal

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8719 40th Terrace N, Palm Beach Gardens, FL 33410
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School Information

8719 40th Terrace N, Palm Beach Gardens, FL 33410

Elementary School
Grades PK-5 | Public School
GROVE PARK ELEMENTARY SCHOOL
West Palm Beach, FL 33410
8330 N Military Trl
561.­904.7700
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
546
Middle School
Grades 6-8 | Public School
JOHN F. KENNEDY MIDDLE SCHOOL
Riviera Beach, FL 33404
1901 Avenue S
561.­845.4500
Distance: 2.0 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
839
High School
Grades 9-12 | Public School
PALM BEACH GARDENS COMMUNITY HIGH SCHOOL
Palm Beach Gardens, FL 33410
4245 Holly Dr
561.­694.7300
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
17:1
Total Students
2618
Other Nearby Schools Distance Type Grades School Rating
Gardens School Of Technology Arts Inc 0.5 mi Public KG-8 B+
Howell L. Watkins Middle School 1.0 mi Public 6-8 C-
Palm Beach Virtual Instruction (course Offerings) 1.2 mi Public 6-12
Palm Beach Virtual Instruction Program 1.2 mi Public KG-12 C
Palm Beach Virtual Instruction (course Offerings) 1.2 mi Public KG-12
Palm Beach Virtual Franchise 1.2 mi Public KG-12 A+
Palm Beach Gardens Elementary School 1.4 mi Public PK-5 A-
Washington Elementary Magnet School 1.6 mi Public PK-5 D+
His Academy/institute 1.6 mi Private 2-10
Bright Futures Academy 1.7 mi Public KG-8
Riviera Beach Preparatory & Achievement Academy 1.7 mi Public 5-12 F
The Weiss School 1.7 mi Private PK-8
R J Hendley Christian Community School 1.8 mi Private PK-8
St Clare School 2.0 mi Private PK-8
St Mark's Episcopal School 2.0 mi Private PK-8
Lake Park Baptist School 2.1 mi Private PK-8
Suncoast Community High School 2.1 mi Public 9-12 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Palm Beach Gardens, FL 33410

Median Age: 47.2
Married: 46%
Number of Households: 16,493
Households with Children: 24.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.