Unimproved Land in 500 48th Street, West Palm Beach, FL 33407 for sale with MLS# R11154586

This exceptional .12‑acre vacant corner lot is located at 48th Street and Spruce Avenue in the highly desirable Old Northwood Historic District. Surrounded by beautifully restored historic homes and mature tree‑lined streets, the property offers an ideal setting for a custom residence or investment build. Its prime location provides immediate access to the rapidly developing NORA District, bringing new dining, retail, and entertainment options. The lot is just minutes from Downtown West Palm Beach, the Intracoastal Waterway, and Palm Beach, offering convenience and strong long‑term value. A rare opportunity to secure land in one of the city's most charming and sought‑after historic neighborhoods.

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500 48th Street, West Palm Beach, FL 33407

Price
Price:
$445,000.00
Original List Price:
$445,000.00
List Price per Sq Ft (Calculated, Approx.):
$85.13
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
January 15, 2026 3:53 pm
Measures
Lot Area:
5,227.20 Sqft
Lot Size Unit:
Acres
Lot Features:
Cleared, Sidewalks
Lot Size Acres:
0.12
Property Features
Waterfront:
No
Current Use:
Single Family
Property Entrance Faces:
North
Road Responsibility:
Public Maintained Road
Construction
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$1,807.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Voluntary
Subdivision Name:
NORTH PALM BEACH PL 1
Senior Community:
No
Development Status:
Recorded Plat
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
NORTH PALM BEACH PLAT NO 1 LTS 1 & 2 BLK 20
Real Estate Folio Number (Parcel Number):
74434304040200010
Zoning:
SF7-C4—HIST.
Listing History
Active on the market since:
January 15, 2026
Listing Agreement executed on:
January 15, 2026
Listing Status Last Changed On:
January 15, 2026 3:53 pm
Photos updated on:
January 15, 2026 3:55 pm
Last Modified:
April 9, 2026 4:30 am
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
48th
Street Number:
500
City:
West Palm Beach
State:
Florida
Zip Code:
33407
County:
Palm Beach
Latitude:
N26° 45' 17.2''
Longitude:
W81° 56' 43.9''
Street Suffix:
Street
Property Map

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

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This listing can also be located in the MLS system as RX-11154586
Association of REALTORS®
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