#RX-11057155, Shakir Ahmed, Listing Office: Continental Properties, Inc.

523 48th St West Palm Beach, FL 33407
Property details
About 523 48th St
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! Property is being updated to be turn key for tenants. 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. With its prime location and strong upside potential, this is a rare chance to secure a solid asset in a growing market.
Highlights
Virtual tour
Summary
- Flooring Type: Other
- Private Pool: No
- Waterfront: None
- View: Garden
- Exterior: Open Patio
- Heating: Central
- Cooling: Central Air, Window Unit(s)
- List Price: $595,000
- Price/SqFt: $418
- Annual Tax Amount: $5,610
- Tax Year: 2023
- Year Built: 1948
- Stories: 1
- Living Area: 1,421 SqFt
- MLS Number: RX-11080923
- Office Name: Tropical Springs Realty
- Office Phone: (954) 753-6000
- Listing Agent: Anthony J Nastase
- Agent Phone: (954) 775-5165
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Last updated on: 5/21/2025, 8:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$595,000
523 48th St
$7,066
closing credit¹
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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. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
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 April 2025 saw over 27 listings sold above listed price, more than 48 sold at listed price and over 208 sold below. In April 2025 in West Palm Beach, FL there were 7.6% more homes for sale than in March. The median list price of listings available in April 2025 was $405,489, while the average time on the real estate market was 76 days.