#RX-11057611, Shakir Ahmed, Listing Office: Continental Properties, Inc.

527 48th St West Palm Beach, FL 33407
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
Virtual tour
Summary
- MLS Number: RX-11082292
- Office Name: FlatFee.com
- Office Phone: (954) 965-3990
- Listing Agent: Cliff Glansen
- Agent Phone: (954) 965-3990
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Last updated on: 4/19/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$735,000
527 48th St
$8,728
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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.
Over 18 listings were sold over their listed price in March 2025 in West Palm Beach, FL. In the same period over 210 listings were sold below the listed price and 28 listings were sold for the listed price. The number of homes for sale in West Palm Beach, FL increased by 13% between February and March 2025. Listings spent 98 days on the market in March 2025, and had a median list price of $407,270 during the same period.