#RX-11057676, Madelaine Ruiz, Listing Office: Southdale Properties Inc.

509 Putnam Rd West Palm Beach, FL 33405
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
(Active Under Contract)
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
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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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$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
Year | Assessment | Property 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.
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.
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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.