#RX-11080520, Cheryl Schweigart, Listing office: The Keyes Company

501 16th St West Palm Beach, FL 33407
Property details
About 501 16th St
Opportunity knocks in one of West Palm Beach's most promising pockets! This classic wood-frame home sits on one of the largest lots in the neighborhood, offering plenty of space.Whether you're a seasoned investor or a savvy homeowner looking for your next project, this property is a prime candidate for renovation. Restore the charm of the existing structure or reimagine it entirely -- the canvas is yours.Attention: The lot is zoned MF14 (Multifamily Low Density) -- giving you flexibility for future development or additional units down the line. Think guest house, duplex conversion, or rental expansion after your renovation!
Highlights
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: None
- Flooring Type: Laminate
- Interior: None
- Total Bedroom Count: 2
- Garage Space: 1 space
- Private Pool: No
- Waterfront: None
- Heating: Central
- Cooling: Central Air
- List Price: $152,000
- Price/SqFt: $159
- Annual Tax Amount: $2,979
- Tax Year: 2023
- Directions: Head east on Okeechobee Blvd, then north on Australian Ave, and turn right onto 16th St.
- Year Built: 1921
- Stories: 1
- Living Area: 951 SqFt
- MLS Number: RX-11105915
- Office Name: Beycome of Florida LLC
- Office Phone: (804) 656-5007
- Listing Agent: Steven T Koleno
- Agent Phone: (804) 656-5007
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Last updated on: 7/10/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $212,804 | $2,979 |
2022 | $118,560 | $2,289 |
2021 | $101,813 | $2,289 |
2020 | $96,066 | $2,122 |
2019 | $63,589 | $1,922 |
2018 | $57,808 | $1,622 |
2017 | $52,553 | $1,430 |
History based on county public records data.
Nearby schools
4
Pleasant City Elementary School
Public District EE-5
0.4 mi
•2222 Spruce Ave
4
U. B. Kinsey/Palmview Elementary School
Public Magnet PK-5
0.4 mi
•800 11th St
1
Roosevelt Elementary School
Public Magnet PK-5
0.6 mi
•1220 15th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,594. Residents of West Palm Beach, FL typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 501 16th St
The listing price of 501 16th St property is $152,000.
The property 501 16th St is a house located in West Palm Beach, Florida, 33407.
Active Listing: 501 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 16th St are: Pleasant City Elementary School (GreatSchools Rating 4/10), U. B. Kinsey/Palmview Elementary School (GreatSchools Rating 4/10), Roosevelt Elementary School (GreatSchools Rating 1/10), Roosevelt Community Middle School (GreatSchools Rating 6/10), University Preparatory Academy Palm Beach (GreatSchools Rating 2/10), Renaissance Charter School at West Palm Beach (GreatSchools Rating 10/10), Alexander W Dreyfoos Junior School of the Arts (GreatSchools Rating 9/10), Boystown (GreatSchools Rating 1/10), Alternative Program Central (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,979 (source: MLS/based on county public records data).
The property at 501 16th St has 2 bedrooms and 1 bathroom.
The property 501 16th St is 951 SqFt (source: MLS/tax record).
The year of construction for 501 16th St is 1921.
This home is located at 501 16th St in West Palm Beach, FL and zip code 33407 in the Pleasant City neighborhood. This 951 square foot home was built in 1921. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $152,000.
In June 2025, from all listings sold in West Palm Beach, FL there were more than 21 sold above asking price, over 177 sold below and more than 29 were sold right at the asked price. The inventory of homes for sale in West Palm Beach, FL between May and June 2025 increased by 4.9%. The median list price of listings available in June 2025 was $412,666, while the average time on the real estate market was 75 days.