Triplex in 523 48th Street, West Palm Beach, FL 33407 with MLS# R11080923
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area. The property is currently being updated to be fully turn-key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler Street and only minutes from the vibrant downtown district. With its prime location and strong upside potential, this is a rare opportunity to secure a solid asset in a growing market. Don't miss out - schedule your showing today and explore everything this triplex has to offer. Don't miss out schedule your showing today and uncover the possibilities this triplex has to offer!
523 48th Street, West Palm Beach, FL 33407
Price
- Price:
- $590,000.00
- Original List Price:
- $595,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $415.2
- Close Price:
- $550,000.00
- Transaction closed on:
- April 3, 2026
Lease Details
- Tenant Pays:
- Electricity, Water, Sewer, Cable Tv
Property Status and Type
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 13, 2026 7:17 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bathrooms Total:
- 3
Measures
- Living Area:
- 1,421 Sqft
- Built-Up Area:
- 2,289 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.16
Property Features
- View from the Property:
- Garden
- Waterfront:
- No
- Patio and Porch:
- Patio, Patio - Open
- Air Conditioning
- Air Conditioning System:
- Central Air, Wall/window Unit(s)
- Heating
- Heating System:
- Central, Window/wall
Construction
- Year Built:
- 1948
- Roof:
- Composition
- Number of Units Total:
- 3
- Levels:
- Two
- Construction Materials:
- Frame, CBS
- Flooring:
- Other
- Number of Units in the Community or Building:
- 3
- Stories:
- 1
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $6,285.76
- Tax Year:
- 2024
- Property Tax Details:
- No Homestead
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Sewer Available, Water Available
- Water Source:
- Public
Community
- Subdivision Name:
- NORTH PALM BCH 1
- Senior Community:
- No
- Restrictions:
- No Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
Zoning and Legal
- Tax Legal Description:
- NORTH PALM BEACH PLAT NO 1 LTS 25~ 26 & W 15 FT OF LT 27 BLK 21
- Real Estate Folio Number (Parcel Number):
- 74434304040210250
- Zoning:
- SF7(ci
Public Schools Assigned
- Elementary School:
- Heritage
- High School:
- Palm Beach Lakes
- Middle Or Junior School:
- John F. Kennedy (palm Beach)
Listing History
- Active on the market since:
- April 12, 2025
- Listing Agreement executed on:
- April 11, 2025
- Purchase Contract Date:
- February 12, 2026
- Price change occurred on:
- May 22, 2025 2:00 pm
- Listing Status Last Changed On:
- April 13, 2026 7:17 pm
- Photos updated on:
- August 4, 2025 7:09 pm
- Last Modified:
- August 12, 2026 1:18 am
Additional Information
- Courtesy of:
- Tropical Springs Realty
- Attribution:
- Not provided
Location
- Street Name:
- 48th
- Street Number:
- 523
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33407
- County:
- Palm Beach
- Latitude:
- N26° 45' 18.8''
- Longitude:
- W81° 56' 41.1''
- Street Suffix:
- Street
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$56,606
Median Home Value
$290,500
Median Rent
$1,551/mo
Median Age
37
Population
34,728
Ver la propiedad 523 48th Street, West Palm Beach, FL 33407
This listing can also be located in the MLS system as RX-11080923
