$3,995,000
$949K PRICE DROP

624 Datura St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $23,570/month

Total Views 3,228
-- Bed
-- Bath
2,340 Sq Ft
$1,707 Price per Sq Ft

Highlights

  • Balcony
  • Open Patio
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY | PRIME RESIDENTIAL INCOME PROPERTY | EXCEPTIONAL DEVELOPMENT POTENTIAL | POISED FOR FUTURE GROWTH | ZONED FOR BOTH COMMERCIAL AND MULTI-FAMILY USE | This Lot is Contiguous With Other Properties, Making it a PRIME OPPORTUNITY FOR DEVELOPERS to Expand and Enhance the Street | Can Build Up to 10 Stories | Limitless Possibilities For a Mixed-Use Tower, Multi-Family Residences, or Commercial Space | Located in a Rapidly Growing Area | Capitalize On This Unique Zoning and Lot to Create a Landmark Project in the Heart of Downtown West Palm Beach.

Listing Agent

Lawrence Mastropieri

Mastropieri Group LLC License #3252988

Co-Listing Agent

Joy Mastropieri

Mastropieri Group LLC License #3255609

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,270

Year Built

  • Built in 1921

Lot Details

  • 7,206 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • 3-Story Property

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 74434321010300032
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • West Palm Beach Subdivision

Building Details

  • Operating Expense $20,838
  • Net Operating Income $9,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,270

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From Okeechobee Blvd, left on S Rosemary Ave, left on Datura St
  • Year Built: 1921
  • Building Stories: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Other
  • Living Area: 2340.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434321010300032
  • Lot Size: < 1/4 Acre,1/4 to 1/2 Ac
  • Lot Size Sq Ft: 7206.0
  • Zoning Description: QBD-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 9162.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 20838.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15270.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $15,852 $529,799 -- --
2023 $15,270 $481,635 $1,044,870 $66,789
2022 $12,664 $437,850 $0 $0
2021 $9,838 $398,045 $348,050 $49,995
2020 $9,824 $393,744 $348,050 $45,694
2019 $9,910 $377,170 $331,476 $45,694
2018 $8,713 $358,753 $321,820 $36,933
2017 $8,372 $343,404 $306,471 $36,933
2016 $7,931 $313,005 $0 $0
2015 $7,538 $284,550 $0 $0
2014 $7,168 $258,682 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2025 02/22/25 Price Changed $3,995,000 -19.2% $1,707 / Sq Ft
11/27/2024 11/27/24 For Sale $4,944,000 -- $2,113 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Source: BeachesMLS

MLS Number: R11040676

BeachesMLS

APN: 74-43-43-21-01-030-0032

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

624 Datura St, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 624 Datura St, West Palm Beach, FL 33401 and is currently priced at $3,995,000, approximately $1,707 per square foot. This property was built in 1921. 624 Datura St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Lawrence Mastropieri
Listing Agent
Lawrence Mastropieri
Section Image
Mastropieri Group LLC
(561) 778-6622