510 48th St West Palm Beach, FL 33407
Northwood Harbor Neighborhood
--
Bed
--
Bath
567
Sq Ft
5,271
Sq Ft Lot
Highlights
- Garden View
- Open Patio
- Central Heating and Cooling System
- Porch
- Ceramic Tile Flooring
- 1 Car Garage
About This Home
As of December 2024What an opportunity! Two (2) single family homes for the price of one! Located only 1 block from the beautiful Intracoastal, several waterfront parks and a short walk to The Manatee Lagoon! Each home is solid CBS construction. The front unit is 2 Bedrooms, 1 bath. The back unit is a 1 bedroom, 1 bath and has a 1 car garage! So much improvement is going on in this area with several new high end condos being built along the waterfront and many people hurrying to capture and renovate the historic properties all around. Easy access to the businesses and activities offered in downtown West Palm Beach, you'll never have a lack of potential tenants! Excellent photos and visual representation allows us to not disturb the tenants until doing the inspection. Please respect tenant privacy!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,071
Year Built
- Built in 1952
Parking
- 1 Car Garage
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 567 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Garden Views
Outdoor Features
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 74434304040200050
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- North Palm Bch 1 Subdivision
Building Details
- Operating Expense $6,231
- Net Operating Income $34,569
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $2,250 | -10.0% | $2 / Sq Ft |
| 03/02/2025 03/02/25 | Price Changed | $2,500 | -10.7% | $3 / Sq Ft |
| 02/12/2025 02/12/25 | For Rent | $2,800 | 0.0% | -- |
| 12/05/2024 12/05/24 | Sold | $500,000 | -4.8% | $882 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $525,000 | 0.0% | $926 / Sq Ft |
| 12/01/2023 12/01/23 | Rented | $1,700 | 0.0% | -- |
| 11/09/2023 11/09/23 | Under Contract | -- | -- | -- |
| 10/27/2023 10/27/23 | Price Changed | $1,700 | -5.6% | $2 / Sq Ft |
| 10/17/2023 10/17/23 | Price Changed | $1,800 | -5.3% | $2 / Sq Ft |
| 09/22/2023 09/22/23 | Price Changed | $1,900 | -4.5% | $3 / Sq Ft |
| 08/17/2023 08/17/23 | Price Changed | $1,990 | -16.7% | $3 / Sq Ft |
| 08/04/2023 08/04/23 | For Rent | $2,390 | 0.0% | -- |
| 05/07/2021 05/07/21 | Sold | $288,300 | -3.6% | $219 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $299,000 | -- | $227 / Sq Ft |
Source: BeachesMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,231 | $318,169 | -- | -- |
| 2023 | $6,071 | $308,902 | $0 | $0 |
| 2022 | $5,999 | $299,905 | $0 | $0 |
| 2021 | $4,725 | $201,937 | $48,000 | $153,937 |
| 2020 | $4,461 | $195,764 | $52,800 | $142,964 |
| 2019 | $3,997 | $157,422 | $44,000 | $113,422 |
| 2018 | $3,723 | $176,023 | $44,253 | $131,770 |
| 2017 | $3,336 | $148,297 | $30,520 | $117,777 |
| 2016 | $3,058 | $116,089 | $0 | $0 |
| 2015 | $2,970 | $105,535 | $0 | $0 |
| 2014 | $2,788 | $95,941 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | New Conventional | |
| Previous Owner | $283,765 | FHA | |
| Previous Owner | $245,850 | Purchase Money Mortgage | |
| Previous Owner | $14,413 | Unknown | |
| Previous Owner | $116,950 | Purchase Money Mortgage | |
| Previous Owner | $88,000 | New Conventional | |
| Previous Owner | $88,000 | No Value Available | |
| Previous Owner | $81,741 | New Conventional | |
| Previous Owner | $59,100 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Integrity Title | |
| Warranty Deed | $289,000 | Attorney | |
| Warranty Deed | $68,000 | Aloma Title Company | |
| Warranty Deed | $273,200 | Attorney | |
| Warranty Deed | $146,199 | Express Land Title Inc | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Express Land Title Inc | |
| Deed | $59,200 | -- | |
| Quit Claim Deed | $100 | -- |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11022618
APN: 74-43-43-04-04-020-0050
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