$480,000
SOLD NOV 26, 2024

702 50th St West Palm Beach, FL 33407

Northwood Legacy Neighborhood
4 Beds
3 Baths
1,700 Sq Ft
5,171 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

9% Below List Price

78 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 5-minute walk to Fogleman Park

About This Home

As of November 2024

Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Unit 1 will be empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.

Last Agent to Sell the Property

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347

Keller Williams Realty/P B

Co-Listed By

Josh Horwitz

Keller Williams Realty/P B License #3032175

Last Buyer's Agent

Jada Jean Louis

Lifestyle International Realty License #3407001

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1926

Lot Details

  • 5,171 Sq Ft Lot
  • Property is zoned SF7(ci

Home Design

  • Frame Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • North Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434304080570250

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1926
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1700.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Electric, 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
  • Amenities: Other
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434304080570250
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5171.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3013.0

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
11/26/2024 11/26/24 Sold $480,000 -8.6% $282 / Sq Ft
09/09/2024 09/09/24 For Sale $525,000 -- $309 / Sq Ft
Source: BeachesMLS

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Source: BeachesMLS

MLS Number: R11019438

BeachesMLS

APN: 74-43-43-04-08-057-0250

Florida Palm Beach County West Palm Beach 33407 Northwood Legacy

702 50th St, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 702 50th St, West Palm Beach, FL 33407 and is currently priced at $480,000, approximately $282 per square foot. This property was built in 1926. 702 50th St is a home located in Palm Beach County with nearby schools including West Riviera Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes 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.