Tour
$7,113 Closing Credit¹
#RX-11057155, Shakir Ahmed, Listing Office: Continental Properties, Inc.
#RX-11080923·
Listing office: Tropical Springs Realty·
Listing agent: Anthony J Nastase·
Listing agent phone: (954) 775-5165·
Listing office phone: (954) 753-6000
$595,000 List price
523 48th St West Palm Beach, FL 33407
$7,066
Closing credit¹
1,421 sqft
$419 / sqft
Multi-Family
Property details
About 523 48th St
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! This income-producing triplex is ideally located just two blocks west of Flagler Street and minutes from the vibrant downtown district. Whether you're looking for a renovation project or a property with rental potential, this triplex offers versatility and value. While it does require some TLC, the upside is undeniable for the savvy investor ready to add their personal touch or prepare it for immediate rental income. Cash offers are encouraged as the seller seeks a smooth and quick transaction. With its prime location and strong upside potential, this is a rare chance to secure a solid asset in a growing market.
Highlights
Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air, Window Unit(s)
Size1,421 sqft
Year built1948
MLS #RX-11080923
ViewGarden
Virtual tour
Summary
- MLS Number: RX-11080923
- Office Name: Tropical Springs Realty
- Office Phone: (954) 753-6000
- Listing Agent: Anthony J Nastase
- Agent Phone: (954) 775-5165
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: 4/22/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$595,000
523 48th St
$7,066
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 03, 2010 | Home Sold | $55,000 |
| Mar 28, 2005 | Home Sold | $224,000 |
| Jan 18, 2001 | Home Sold | $108,000 |
| Jul 28, 1997 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $373,431 | $5,610 |
| 2022 | $314,472 | $5,078 |
| 2021 | $242,695 | $5,078 |
| 2020 | $216,017 | $4,515 |
| 2019 | $120,965 | $3,782 |
| 2018 | $109,968 | $3,208 |
| 2017 | $99,971 | $2,883 |
History based on county public records data.
Nearby schools
6
Northboro Elementary School
Public Magnet PK-5
0.5 mi
•400 40th St
5
Northmore Elementary School
Public District PK-5
0.6 mi
•4111 N Terrace Dr
1
West Riviera Elementary School
Public District EE-5
1.2 mi
•1057 W 6th 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 $37,344. The most common annual income of people living in West Palm Beach, FL is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
46%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
14%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 523 48th St in West Palm Beach, FL and zip code 33407 in the Northwood Harbor neighborhood. This 1,421 square foot home was built in 1948. Features: 0 bathroom. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $595,000.
West Palm Beach, FL housing market in March 2025 saw over 18 listings sold above listed price, more than 28 sold at listed price and over 210 sold below. The inventory of homes for sale in West Palm Beach, FL between February and March 2025 increased by 13%. 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.