523 48th St West Palm Beach, FL 33407
Northwood Harbor NeighborhoodEstimated payment $3,845/month
Total Views
844
--
Bed
--
Bath
1,421
Sq Ft
$419
Price per Sq Ft
Highlights
- Garden View
- Patio
- 5-minute walk to Osprey Park
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
About This Home
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! This income-producing triplex is ideally located just two blocks west of Flagler Street and minutes from the vibrant downtown district. Whether you're looking for a renovation project or a property with rental potential, this triplex offers versatility and value. While it does require some TLC, the upside is undeniable for the savvy investor ready to add their personal touch or prepare it for immediate rental income. Cash offers are encouraged as the seller seeks a smooth and quick transaction. With its prime location and strong upside potential, this is a rare chance to secure a solid asset in a growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,286
Year Built
- Built in 1948
Home Design
- Triplex
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,421 Sq Ft Home
- 1-Story Property
- Garden Views
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Additional Features
- Patio
- 6,826 Sq Ft Lot
Community Details
- 3 Units
- North Palm Bch 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434304040210250
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,286 | $194,817 | -- | -- |
| 2023 | $5,610 | $177,106 | $191,128 | $182,303 |
| 2022 | $5,078 | $161,005 | $0 | $0 |
| 2021 | $4,515 | $242,695 | $84,000 | $158,695 |
| 2020 | $4,168 | $216,017 | $72,000 | $144,017 |
| 2019 | $3,783 | $180,915 | $66,000 | $114,915 |
| 2018 | $3,209 | $156,883 | $56,168 | $100,715 |
| 2017 | $2,884 | $136,437 | $38,736 | $97,701 |
| 2016 | $2,591 | $90,883 | $0 | $0 |
| 2015 | $2,821 | $97,902 | $0 | $0 |
| 2014 | $2,626 | $89,002 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | For Sale | $595,000 | -- | $419 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document | |
| Warranty Deed | $55,000 | First Priority Title Co | |
| Warranty Deed | $224,000 | Sun Title & Abstract Co | |
| Warranty Deed | $145,000 | Flagler Title Company | |
| Warranty Deed | $108,000 | -- | |
| Warranty Deed | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $199,000 | Unknown | |
| Previous Owner | $190,400 | Purchase Money Mortgage | |
| Previous Owner | $155,000 | Balloon | |
| Previous Owner | $10,800 | Balloon | |
| Previous Owner | $35,000 | No Value Available |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11080923
APN: 74-43-43-04-04-021-0250
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