1 / 38728 Newark St, West Palm Beach FL 33401
West Palm Beach, FL
List Price
$1,200,000
Type
Single Family
Bedrooms
2
Bathrooms
2
Price / SqFt
$1,139/sqft
Price reduction
Distressed / value-add opportunity
From the listing
Charming 2-bedroom,2-bath single-family home located in the historic Grandview Heights neighborhood of West Palm Beach. This home features original wood flooring throughout, a fireplace, and an abundance of natural light, blending historic character with modern comfort. The home radiates warmth and charm. The property features a private, fenced backyard and a spacious outdoor patio, ideal for relaxing or entertaining. Zoned for highly rated local schools. Easy to show Prime location within walking distance of Grandview Market, shopping, dining, and downtown West Palm Beach. Just minutes to Palm Beach Island and area beaches. Agent assumes no responsibility or liability for any errors/omissions. The information contained is provided on an "as is" basis with no guarantees of accuracy.
Property Information
- Square Feet
- 1,054
- Units
- 1
- Days on Market
- 246
- Status
- active
Location
- County
- Palm Beach County
- Zip Code
- 33401
- Coordinates
- 26.7016, -80.0590
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
- 0% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
60/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
0.0% off original list (full marks at 25%+).
246 days on market (full marks at 120+ — more time = more leverage).
Strong motivation language (as-is, short sale, foreclosure, estate, or heavy reno).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
What a GC / AHJ sees
Permits / condition
We do not yet cover permit records in Palm Beach County, so no permit search was run. Verify directly with the building department.
4-point — last permit
- Roofnot covered
- Electricalnot covered
- Plumbingnot covered
- HVACnot covered
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-26. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
728 Newark St, West Palm Beach FL 33401, West Palm Beach, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$620,002
Room vs list (above list)
$579,998
Est. equity
-$303,075
-25% of ARV, at list
ROC at list
-20%
Est. all-in at list
$1,503,075
list + rehab + txn + carry
70% rule MAO
$688,500
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.