$735,000

527 48th St West Palm Beach, FL 33407

$8,728
Closing credit¹
2,072 sqft
$355 / sqft
Multi-Family

Property details

About 527 48th St

Northwood Villas, a well-positioned multifamily investment opportunity located in West Palm Beach, Florida. This 4-unit property, constructed in 1954 with concrete block construction, offers a total of 2,387 square feet on a 0.14-acre lot. The unit mix consists of one two-bedroom/one-bathroom unit and three one-bedroom/one-bathroom units, providing an attractive configuration for a diverse tenant base.Northwood Villas is strategically located east of Broadway in a rapidly evolving submarket of West Palm Beach. The property stands to benefit significantly from the ongoing revitalization of the surrounding area, including transformative developments within the nearby Currie Mixed-Use District (CMUD).

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,072 sqft
Year built1954
MLS #RX-11082292

Virtual tour

Summary

  • Flooring Type: Tile
  • Private Pool: No
  • Waterfront: None
  • Exterior: None
  • Heating: Central
  • Cooling: Central Air
  • List Price: $735,000
  • Price/SqFt: $354
  • Annual Tax Amount: $8,263
  • Tax Year: 2023
  • Year Built: 1954
  • Stories: 1
  • Living Area: 2,072 SqFt
  • MLS Number: RX-11082292
  • Office Name: FlatFee.com
  • Office Phone: (954) 965-3990
  • Listing Agent: Cliff Glansen
  • Agent Phone: (954) 965-3990

IDXAll 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: 5/11/2025, 12:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring brick siding, stucco siding, a front lawn, and fence

$735,000

527 48th St

$8,728

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 10, 2020
Home Sold
$453,500
Nov 27, 2019
Home Sold
$362,000
Mar 03, 2011
Home Sold
$70,000
Dec 14, 2006
Home Sold
$355,000
Aug 19, 2005
Home Sold
$279,000
Feb 26, 2003
Home Sold
$230,000
Sep 06, 2002
Home Sold
$100,000
Oct 25, 1999
Home Sold
$115,000
Mar 05, 1997
Home Sold
$87,500

Tax history

YearAssessmentProperty Tax
2023$399,988$8,263
2022$348,661$7,629
2021$284,490$7,629
2020$238,832$6,970

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,344. Typical income of West Palm Beach, FL residents is less than $<35k annually. Typical family type is single, no kids. 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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 527 48th St in West Palm Beach, FL and zip code 33407 in the Northwood Harbor neighborhood. This 2,072 square foot home was built in 1954. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $735,000.

In April 2025, from all listings sold in West Palm Beach, FL there were more than 27 sold above asking price, over 208 sold below and more than 48 were sold right at the asked price. In April 2025 in West Palm Beach, FL there were 7.6% more homes for sale than in March. Listings spent 76 days on the market in April 2025, and had a median list price of $405,489 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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