Video tour
$10,000 Closing Credit¹
#RX-10991835, Jefferson Kiely, Listing Office: Kiely Real Estate, LLC
#RX-11052500·
Listing Office: 49 Units, LLC·
Listing Agent: Jesse J Bailey·
Listing Agent Phone: (561) 318-3337·
Listing Office Phone: (561) 600-5350
$10,000
closing credit¹
518 Biscayne Dr West Palm Beach, FL 33401
$1,250,000 List price
$10,000
Closing credit¹
3,372 sqft
$371 / sqft
Multi-Family
Property details
About 518 Biscayne Dr
Upgraded 4-unit multifamily property in historic Flamingo Park. Qualifies for favorable owner-occupant financing which allows the rental income to help qualify for the loan with as low as 5% downpayment.Impact windows throughout. Each unit has Central AC and updated electrical panels. Units include in-unit washers and dryers, high ceilings, and tankless water heaters. A large backyard provides ample outdoor space for tenants. Durable flat roof (2014) and updated barrel tile roof. Plumbing is originally cast iron and much has been replaced with PVC.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,372 sqft
Year built1925
MLS #RX-11052500
Summary
- MLS Number: RX-11052500
- Office Name: 49 Units, LLC
- Office Phone: (561) 600-5350
- Listing Agent: Jesse J Bailey
- Agent Phone: (561) 318-3337
All 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: 2/2/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
518 Biscayne Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 29, 2019 | Home Sold | $599,500 |
| Aug 30, 2007 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $860,761 | $15,202 |
| 2022 | $654,326 | $13,330 |
| 2021 | $513,252 | $13,330 |
| 2020 | $497,922 | $11,030 |
History based on county public records data.
Nearby schools
3
Belvedere Elementary School
Public District PK-5
0.7 mi
•3000 Parker Ave
8
Palm Beach Public School
Public Magnet KG-5
1.3 mi
•239 Cocoanut Row
5
U. B. Kinsey/Palmview Elementary School
Public Magnet PK-5
2.0 mi
•800 11th 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 $61,376. Most West Palm Beach, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
35%
35k-100k
17%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
50%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Live Theatre
Where do the neighbors shop?
Crate & Barrel
IKEA
Bloomingdales
Where do the neighbors go to eat?
Starbucks
Quiznos
Boston Market
What do the neighbors drive?
BMW
Lexus
Mercedes
What do the neighbors listen to?
News
Soft Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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This home is located at 518 Biscayne Dr in West Palm Beach, FL and zip code 33401 in the Flamingo Park neighborhood. This 3,372 square foot home was built in 1925. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,250,000.
Over 18 listings were sold over their listed price in January 2025 in West Palm Beach, FL. In the same period over 143 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in West Palm Beach, FL between December and January 2025 increased by 14.3%. In January 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $400,546.
From Rocket Homes Real Estate and based on county public records data.