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$825,000   Price Analysis
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506 46th St
West Palm Beach, FL 33407
5 bed 3 bath 2,028 SqFt ($406/SqFt)
5,253SqFt lot. Built 1935
Listed 2024-04-06, Taxes $5,267
Ⓧ USDA Ineligible
due to price & location

near West Palm Beach

Stunning property with two beautifully renovated homes

Offering luxury living and substantial income opportunity. Main residence: 3 beds, 2 baths. Guest house: 2 beds, 1 bath. Fully rebuilt as new in 2020-2021 with new foundations, roofs, cedar siding, quartz countertops and porcelain wood-look tile. Both units have complete impact glass, new A/C units, electrical, plumbing, appliances and tankless water heaters. Nestled in the sught-after Historical Northwood community, these homes are located in the heart of many new luxury developments underway; a well positioned, turn-key investment. Whether you're looking for a multi-generational retreat, a styli sh year-round residence or a profitable asset, this property offers limitless possibilities. Don't miss this extraordinary opportunity!

Location is one block to the intracoastal waterway and minutes to Florida's most pretty beaches, premier dining, shopping and entertainment. Separate guest house access, several private outdoor spaces and ample parking for a boat. Alba Palm Beach, Olara, the Ritz Carlton Residences, Cipriani Residences, Northwood Shopping District and Northwood Commons are some of the planned and approved developments located minutes away by foot. Palm Beach International Airport and the Brightline railway are a short 10 to 15 minute drive.


Presented by Kristen Daley at
Boca Raton.


Property MLS #RX-10972522 from BeachesMLSFlex

Bedrooms: 5
Bedrooms On Main Level: 5
Primary Bedroom Level: M

Total Bathrooms: 3 / 0
Full Bathrooms: 3
Bathrooms On Main Level: 3
Primary Bathroom Features: Dual Sinks, Mstr Bdrm - Sitting, Separate Shower

Fireplace(s)
French Door
Kitchen Island
Walk-in Closet
Furnished Description: Unfurnished
Flooring: Tile
Window Features: Blinds, Impact Glass

Cooktop
Dishwasher
Disposal
Dryer
Fire Alarm
Freezer
Ice Maker
Microwave
Range - Electric
Refrigerator
Smoke Detector
Washer
Water Heater - Elec

Convertible Bedroom, Cottage, Den/Office, Storage
Living Room Level: M

Cooling Features: Central, Electric
Heating Features: Central

Dining Area Description: Dining-Living, Eat-In Kitchen
Kitchen Level: M

Auto Sprinkler
Deck
Extra Building
Fence
Open Porch
Zoned Sprinkler

Lot Description: East of US-1
Lot Size Acres: 0.1205923
Lot Size Square Feet: 5253

Open Parking Spaces: 4
Parking Features: 2+ Spaces, Driveway, Guest, RV/Boat

Association: No
Association Fee Amenities: Bike - Jog, Boating, Park, Street Lights, Tennis
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes
Pet Description: No Restrictions

Annual Tax Amount: 7104.94
Source Listing Status: Active
County: Palm Beach
Directions: From 95 or Turnpike. Okeechobee Blvd Exit East to Flagler Drive. North on Flagler. West on 46th Street, one block. Cross Spruce Ave. Second house on left.
Tax Year: 2023
Restrictions: Daily Rentals OK, Historic Designation, Lease OK
Source Property Type: Residential
Area: 5420
Source Neighborhood: NORTH PALM BCH 1
Subdivision: NORTH PALM BCH 1
Zoning: SF7(ci
Property Subtype: Single Family Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$261,149
$5,267
2021$124,743 + $48,000
$172,743
$4,230
2020$115,294 + $52,800
$168,094
$4,161
2019$92,069 + $44,000
$136,069
$3,490
2018$unknown + $unknown
$131,308
$3,295
2017$88,851 + $30,520
$119,371
$2,939
2016$unknown + $unknown
$92,459
$2,425
2015$unknown + $unknown
$84,054
$2,357
2014$unknown + $unknown
$76,413
$2,236
2013$unknown + $unknown
$69,466
$2,043
2012$unknown + $unknown
$63,151
$1,815
2011$unknown + $unknown
$75,534
$2,119
2010$unknown + $unknown
$75,451
$2,137
2008$unknown + $unknown
$99,180
$4,182
2007$unknown + $unknown
$172,523
$3,809

Listed for rent 2024-04-24
$3,500
BeachesMLSFlex
Listed for rent 2024-04-24
$1,950
BeachesMLSFlex
Listed for rent 2024-04-24
$5,500
BeachesMLSFlex
Price Changed 2024-04-12
$825,000
BeachesMLSFlex
Listed 2024-04-06
$850,000
BeachesMLSFlex
Listing removed 2023-07-07
$0
AppfolioUnits
Listing removed 2023-07-07
$0
BeachesMLSFlex
Listing removed 2023-06-17
$0
AppfolioUnits
Listed for rent 2023-06-03
$4,000
AppfolioUnits
Listed for rent 2023-05-31
$4,000
AppfolioUnits
Listed for rent 2023-05-30
$4,000
BeachesMLSFlex
Sold 2023-03-24
$830,000
BeachesMLSFlex
Listed 2023-02-09
$874,000
BeachesMLSFlex
Listing removed 2022-09-18
$945,000
MiamiMLS
Listing removed 2022-09-18
$945,000
MiamiMLS
Price Changed 2022-07-07
$945,000
MiamiMLS
Price Changed 2022-07-07
$945,000
MiamiMLS
Relisted 2022-06-03
$995,000
MiamiMLS
Relisted 2022-06-03
$995,000
MiamiMLS
Listing removed 2022-06-01
$995,000
MiamiMLS
Listing removed 2022-06-01
$995,000
MiamiMLS
Price Changed 2022-05-23
$1,035,000
MiamiMLS
Price Changed 2022-05-23
$1,035,000
MiamiMLS
Price Changed 2022-05-04
$1,050,000
MiamiMLS
Price Changed 2022-05-02
$1,050,000
MiamiMLS
Listed 2022-04-26
$1,150,000
MiamiMLS
Listed 2022-04-14
$1,150,000
MiamiMLS
Sold 2016-12-16
$125,000
BeachesMLSFlex
Price Changed 2016-11-01
$139,900
BeachesMLSFlex
Listed 2016-09-23
$149,900
BeachesMLSFlex
Sold 2013-09-23
$140,000
JTHSMLS
Sold 2003-08-11
$140,000
Public Record
Listed 2003-07-31
$149,900
JTHSMLS
Sold 2000-04-17
$54,000
Public Record
Sold 1992-12-02
$48,000
Public Record

Total Square Feet Living: 2028
Year Built: 1935
Other Buildings: 1 Bath, 2 Bedrooms, Kitchen, Living Room
Construction Materials: Frame, Woodside
Direction Faces: North
Living Area Source: Developer
Property Age: 89
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.00
Total Area Sqft: 2172
Year Built Details: Resale

Cable
Electric
Public Sewer
Public Water
Water Source: Public Water

Security Features: Motion Detector, Security Light

Northmore Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

John F. Kennedy Middle School is a public middle school located approximately 2.6 miles away.
directions icon Map directions

Palm Beach Lakes High School is a public high school located approximately 3.2 miles away.
directions icon Map directions

Children of Purpose Christian Academy is a private elementary, middle and high school located approximately 1.1 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.