$440,000

509 Putnam Rd West Palm Beach, FL 33405

$5,225
Closing credit¹
4 beds
2 full
1,500 sqft
$293 / sqft
House

Property details

About 509 Putnam Rd

Located in the highly desirable SOSO district of West Palm Beach, this unique property offers incredible potential for investors or homeowners looking for rental income.Two single-family homes sit on this DOUBLE lot, providing endless possibilities for renovation, rental income, or a multi-generational living setup. Front Home: Originally a 3/1, currently configured as a 2/1 with brand new plumbing throughout. Back Home: A separate 2-bedroom, 1-bath unit, perfect for guests, rental income, or extended family.This property is priced to sell and presents a rare opportunity to create something special for your investment portfolio, a quick flip, or and amazing generational home!

Highlights

Home typeSingle Family Residence
HeatingOther
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWindow Unit(s)
Size1,500 sqft
Year built1945
MLS #RX-11062293

Virtual tour

Summary

  • MLS Number: RX-11062293
  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: Justin Levins
  • Agent Phone: (728) 203-3750

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/21/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a sunroom and a fenced front yard

$440,000

509 Putnam Rd

$5,225

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$241,081$4,110
2022$222,801$3,866
2021$191,090$3,866
2020$179,498$3,579
2019$99,595$3,146
2018$90,541$2,710
2017$82,310$2,433

History based on county public records data.

Nearby schools

5

Palmetto Elementary School

Public Magnet PK-5

0.5 mi

5801 Parker Ave

6

South Olive Elementary School

Public District PK-5

1.0 mi

7101 S Olive Ave

8

Meadow Park Elementary School

Public Magnet PK-5

1.3 mi

956 S Florida Mango Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,929. Typical income of West Palm Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

34%
<35k
38%
35k-100k
27%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 509 Putnam Rd

This home is located at 509 Putnam Rd in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This 1,500 square foot home was built in 1945. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $440,000.

Over 18 listings were sold over their listed price in March 2025 in West Palm Beach, FL. In the same period over 210 listings were sold below the listed price and 28 listings were sold for the listed price. In March 2025 in West Palm Beach, FL there were 13% more homes for sale than in February. In March 2025, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $407,270.

From Rocket Homes Real Estate and based on county public records data.

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