Condo in 480 Hibiscus Street 1003, West Palm Beach, FL 33401 for sale with MLS# R11146807

DREAM PENTHOUSE AWAITS! Impeccably maintained 1 BED +DEN/GUEST ROOM, nestled in the heart of downtown West Palm Beach! Walking distance to City Place, Clematis Street & Palm Beach. City Palms can be rented out minimum 30 days, easy approval process with the association, and can be rented out continuously throughout the year! Amenities such as 24 hour manned lobby, fitness center, sauna, hot tub, swimming pool & more! This penthouse has elegantly appointed interiors, featuring an open-concept layout, volume ceilings, quartz countertops, and floor-to-ceiling windows that flood the space with natural light! Sweeping panoramic views of the city skyline and ocean. The private balcony provides the perfect setting for enjoying breathtaking sunsets Great investment opportunity with a tenant in place! TURNKEY WITH IMMEDIATE RENTAL INCOME! NO HOA APPROVAL. Open to owner financing.

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480 Hibiscus Street 1003, West Palm Beach, FL 33401

Price
Price:
$554,000.00
Original List Price:
$554,000.00
List Price per Sq Ft (Calculated, Approx.):
$711.16
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
December 10, 2025 8:52 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
1
Full Bath:
1
Room Type:
Laundry, Den, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Separate Shower
Measures
Living Area:
779 Sqft
Built-Up Area:
836 Sqft
Building Area Source:
Other
Property Features
View from the Property:
City
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Security System, Fire Alarm, Lobby - Attended
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Free-Standing Freezer
Interior:
High Ceilings, Walk-In Closet(s)
Exterior:
Balcony
Laundry:
Inside, Laundry Closet
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
East
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2008
Levels:
Two
Construction Materials:
Concrete, CBS
Flooring:
Carpet
Number of stories:
10
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,841.49
Tax Year:
2025
Association Fee:
$508.00
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Assigned
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Information:
Personal Interview Required
Association Type:
Condominium
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Library, Pool, Sauna, Spa/hot Tub, Community Room, Trash Chute, Clubhouse, Elevator(s), Fitness Center, Parking, Manager On Site, Street Lights, Internet Included
Subdivision Name:
CITY PALMS CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Security, Common Areas, Insurance, Hot Water, Elevator
Senior Community:
No
Restrictions:
Buyer Approval Required, Lease Restrictions, Lease Ok
Other Leasing Restrictions:
Tenant Approval
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
CITY PALMS CONDO UNIT 1003
Real Estate Folio Number (Parcel Number):
74434321290001003
Zoning:
QGD-10
Listing History
Active on the market since:
December 10, 2025
Listing Agreement executed on:
December 10, 2025
Listing Status Last Changed On:
December 10, 2025 8:52 pm
Photos updated on:
December 10, 2025 9:04 pm
Last Modified:
April 9, 2026 3:22 am
Additional Information
Courtesy of:
Sutter & Nugent LLC
Attribution:
Not provided
Location
Street Name:
Hibiscus
Street Number:
480
Unit Number:
1003
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 42' 29.4''
Longitude:
W81° 56' 42.4''
Street Suffix:
Street
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964

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This listing can also be located in the MLS system as RX-11146807
Association of REALTORS®
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