Home » West Palm Beach » 510 48th Street, West Palm Beach, FL 33407 | R11022618/RX-11022618

Duplex Sold 510 48th Street, West Palm Beach, FL 33407

$525,000
closed for a price of $500,000

Property Highlights

Listing ID R11022618/RX-11022618 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 567 Sqft/52.68 m2 approx. Building Area 875 Sqft/81.29 m2 approx. Year Built 1952 Time of this property from published date until Closing Date 76 Days

510 48th Street, West Palm Beach, FL 33407

Property Description: What 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!

Useful Info

Original List Price:$525,000
Close Price:$500,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:1

Property Features

View from the Property:
  • Garden
Waterfront:No
Exterior Features:
  • Porch
  • Patio
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$6,071

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Pet On Property
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Conventional
Tenant Pays:
  • Exterior Electric
  • Water
  • Sewer
Lease Considered:No

Community

Subdivision Name:NORTH PALM BCH 1
Community Features:
  • Non-gated
Complex Name:NORTH PALM BCH 1
Senior Community:No
Restrictions:No Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11022618
Ref1088059873

Zoning and Legal

Tax Legal Description:NORTH PALM BEACH PLAT 1 LTS 5 & 6 BLK 20
Real Estate Folio Number (Parcel Number):74434304040200050
Zoning Description:SF7-C4

Listing History

Update/EventDate/Days
Published Date:September 20, 2024 11:41 am
On Market Date:September 20, 2024
Listing Contract Date:September 20, 2024
Contingent Date:October 22, 2024
Close Date:December 5, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:December 6, 2024 10:30 am
Status Last Changed:December 6, 2024 12:00 am
Photos Last Modified:September 20, 2024 5:28 pm
Last Modified:December 6, 2024 5:02 pm
Days on the Market Reference Date:December 6, 2024
Days on the Market (updated on Last Modified*):32
Cumulative Days on the Market (updated on Last Modified**):32

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot, 1/4 Acre Or Less
Number of Photos:36
Location:,
Included:,,
Geographical Area:Palm Beach 5420; 5430; 5440
Area:5420
Automated Valuation Display:Yes
Courtesy of:KW Reserve
Universal Property Id:US-12099-N-74434304040200050-R-N

Location

Show Property Address:Yes
Street Name:48th Street
Street Number:510
Street Address:510 48th Street
City : West Palm Beach
State : Florida
Zip Code : 33407
County : Palm Beach
Full Address:510 48th Street, West Palm Beach, FL 33407
Latitude:N26° 45' 17.6''
Longitude:W81° 56' 42.8''

Neighborhood

Postal City:West Palm Beach

Property Map