$372,000
SOLD MAR 3, 2025
2 Beds
1 Bath
1,060 Sq Ft
5,100 Sq Ft Lot

Recently Sold

$351 Per Sq Ft

17% Below List Price

327 Days on Market

Highlights

  • RV Access or Parking
  • Workshop
  • Patio
  • Room in yard for a pool
  • Attached Garage
  • 4-minute walk to Brian H Chappell Park

About This Home

As of March 2025

Welcome to your newly renovated oasis in the heart of West Palm Beach! Located at 518 55th St, this charming 2-bedroom, 1-bathroom cottage offers the perfect blend of modern comfort and convenient location.Step inside and be greeted by a beautifully updated interior boasting new finishes and an abundance of natural light. The spacious living area provides the ideal setting for relaxation or entertainment, while the adjoining kitchen features sleek countertops, stainless steel appliances, and ample cabinet space for all your culinary needs.Both bedrooms offer cozy retreats, complete with ample closet space and serene ambiance for a restful night's sleep. The stylishly appointed bathroom showcases chic fixtures and a refreshing atmosphere.

Last Agent to Sell the Property

Brandon Solomon

Douglas Elliman License #3368845

Douglas Elliman

Last Buyer's Agent

Lindsay Wynn

Compass Florida LLC (PB) License #3346021

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1957

Lot Details

  • 5,100 Sq Ft Lot
  • Lot Dimensions are 50x102
  • Fenced
  • Sprinkler System
  • Property is zoned SF7(ci

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Workshop
  • Tile Flooring

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • North Palm Bch 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434304060520100

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,882

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler to 55th street, west to the home on the south side
  • Year Built: 1957
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1060.0
  • Dining Room Type: Storage Room, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage, RV Access/Parking, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434304060520100
  • Lot Size: 50x102
  • Lot Size Sq Ft: 5100.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6882.0

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $372,000 -6.8% $351 / Sq Ft
01/09/2025 01/09/25 Price Changed $399,000 -6.1% $376 / Sq Ft
06/10/2024 06/10/24 Price Changed $425,000 -5.3% $401 / Sq Ft
04/09/2024 04/09/24 For Sale $449,000 0.0% $424 / Sq Ft
03/01/2022 03/01/22 Rented $3,000 0.0% --
01/30/2022 01/30/22 Under Contract -- -- --
12/27/2021 12/27/21 For Rent $3,000 0.0% --
10/01/2021 10/01/21 Sold $255,000 -11.8% $241 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $289,000 +57.5% $273 / Sq Ft
11/09/2016 11/09/16 Sold $183,500 -8.2% $173 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $199,900 +26.9% $189 / Sq Ft
05/09/2016 05/09/16 Sold $157,500 -10.5% $149 / Sq Ft
04/13/2016 04/13/16 For Sale $175,900 +231.9% $166 / Sq Ft
02/11/2015 02/11/15 Sold $53,000 -15.2% $50 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
11/16/2014 11/16/14 For Sale $62,500 -- $59 / 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 $7,452 $349,953 -- --
2023 $6,882 $320,040 $142,828 $177,212
2022 $4,727 $210,771 $0 $0
2021 $3,728 $165,621 $48,000 $117,621
2020 $3,511 $160,305 $52,800 $107,505
2019 $3,124 $128,468 $44,000 $84,468
2018 $3,239 $139,321 $44,253 $95,068
2017 $1,775 $114,179 $30,520 $83,659
2016 $2,267 $92,422 $0 $0
2015 $2,306 $91,591 $0 $0
2014 $3,688 $70,192 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,000 Commercial
Previous Owner $174,775 FHA
Previous Owner $7,500 Balloon
Previous Owner $208,000 Fannie Mae Freddie Mac
Previous Owner $56,800 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $372,000 None Listed On Document
Special Warranty Deed -- --
Warranty Deed $255,000 Title Alliance Professionals
Warranty Deed $183,500 First American Title Ins Co
Warranty Deed $157,500 Inifnity Title Insurance Age
Special Warranty Deed $63,000 Attorney
Trustee Deed -- None Available
Warranty Deed $208,000 First American Title Ins Co
Warranty Deed $71,000 Universal Land Title Inc
Interfamily Deed Transfer -- Universal Land Title Inc
Quit Claim Deed $100 --
Source: Public Records

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Source: BeachesMLS

MLS Number: R10976303

BeachesMLS

APN: 74-43-43-04-06-052-0100