511 55th Street

West Palm Beach, FL 33407

$650,000
Price
3
Beds
2
Baths
1,500 Sq. Ft.
$433 / Sq. Ft.
1,500
Sq. Ft.
$433
per Sq. Ft.

Description

Fantastic opportunity to own a home in the heart of the historic area of West Palm Beach close to the beach and no HOA! Perfect for a small and growing family. This is a unique opportunity for an investor to acquire a strong cash flow asset with major value add opportunity. It can be a short term rental to provide income, AIRBNB, or a perfect investment opportunity. A beautiful growing area only 5 minutes to Palm Beach, excellent shopping, great dining and entertainment at Downtown City Place, Palm...Fantastic opportunity to own a home in the heart of the historic area of West Palm Beach close to the beach and no HOA! Perfect for a small and growing family. This is a unique opportunity for an investor to acquire a strong cash flow asset with major value add opportunity. It can be a short term rental to provide income, AIRBNB, or a perfect investment opportunity. A beautiful growing area only 5 minutes to Palm Beach, excellent shopping, great dining and entertainment at Downtown City Place, Palm Beach Outlets, Northwood, minutes from I-95 and Florida's Turnpike! Pls hurry, this property would not be available long. Home needs a little TLC but it's move in ready for the perfect family.
  1. Listed by Terrenie Coleman • EXP Realty, LLC

Property Details for 511 55th Street

Subdivision
NORTH PALM BCH 3
Waterfront
No
Waterfront Details
None
Furnished
Unfurnished
Style
No Pool/No Water

Location

Listing Courtesy of EXP Realty, LLC
Add your commute
LISTING UPDATED: 05/01/2024 05:55 PM

Property Details for 511 55th Street

StatusActive
MLS #RX-10962143
Days on Market86
Taxes$5,025 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Detached
Year Built1955
Lot Size0.12 AC / 5,097 SF
CountyPalm Beach County

Location

Listing Courtesy of EXP Realty, LLC
Add your commute

Building Information for 511 55th Street

Stories1Year Built1955Building Size-Lot Size0.12 AC / 5,097 SF

Payment Calculator

$3,966 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 55th Street

Summary
Location and General Information
  • ADA Compliant: Entry
  • Property Condition: Resale
  • Geo Area: Palm Beach 5420; 5430; 5440
  • Street Number: 511
  • Subdivision Complex Bldg: NORTH PALM BCH 3
  • Municipal Code: West Palm Beach
  • Accessibility Features: Entry
  • State: FL
  • City Postal ID: 33407
  • MLS Area: 5430
  • MLS Sub Area: PB20
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Parking: 2 Or More Spaces
  • Num Parking Spaces: 4
  • Covered Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • Governing Bodies: None
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2023
  • Type of Governing Bodies: None
Property
Lot Information
  • Area: 5430
  • Front Exp: East
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 74434304060510260
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,500
  • Square Ft Source: Appraisal
  • Zoning: SF7
  • Front Exposure: East
Property and Assessments
  • Legal Desc: NORTH PALM BEACH PL NO 3 LTS 26 & 27 BLK 51
  • Sq Ft Liv Area: 1500.0
  • Legal Description: NORTH PALM BEACH PL NO 3 LTS 26 & 27 BLK 51
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick
  • Equip/Appl Included: Storm Shutters, Washer
  • Exterior Features: None
  • Private Pool: No
  • Security: None
  • Storm Protection: Panel Shutters: Partial
  • Subdiv Amenities: Sidewalks
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Cooling: Central
  • Flooring: Laminate, Tile
  • Heating: Central
  • Interior Features: Walk-in Closet
  • Dining Area: Eat-In Kitchen
  • Main Level Bedrooms: 3
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: None
  • Master Bathroom Description: None
  • Baths Total: 2
Master Bedroom
  • Primary Bedroom/Bath: None
Multi Family
Multi-Family Information
  • Stories: 1.0
Rental
Rental Information
  • Pets on Premises: Yes
  • Pets Allowed: Yes

Property History for 511 55th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 55th Street

Taxable ValueLand$142,716Additions$196,706Total$339,422
Tax Record2023$5,025 ($419 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size5,097 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1975ZoningSF7-C4CountyPALM BEACHAPN74-43-43-04-06-051-0260

Schools near 511 55th Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Northmore Elementary School
PublicPK to 5

John F. Kennedy Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

Northboro Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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511 55th Street is a single family home for sale in West Palm Beach, FL 33407. This property was listed for sale on February 22, 2024 by EXP Realty, LLC, it's currently listed at $650,000. This listing's school district is Palm Beach. Nearby schools include Northmore Elementary School, John F. Kennedy Middle School and Palm Beach Lakes High School. 511 55th Street is a 3-bed, 2-bath, 1,500 sqft single family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.