#RX-11051382, Donald Moore, Listing Office: Compass Florida LLC (PB)

518 Biscayne Dr West Palm Beach, FL 33401
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
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
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Last updated on: 3/9/2025, 8:20:49 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
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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
4
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
4
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. The majority of West Palm Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
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.
In February 2025 more than 12 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 169 were sold below. The number of listings in West Palm Beach, FL increased by 13% between January and February 2025. Listings spent 89 days on the market in February 2025, and had a median list price of $406,042 during the same period.