515 46th St, West Palm Beach, FL 33407

Beds
5
Baths
3
Sqft
2,343
Garage
Yes

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Listed byCompass Florida LLC
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Overview

Set in the heart of West Palm Beach's historic Northwood district, this 1917 Key West-style estate sits on multiple lots just a block from the Intracoastal, with no HOA and room to expand. The main house is currently configured as two separate apartment units, plus a detached two-bedroom, one-bath apartment with its own private entrance and garage — three income-producing units in all. Alternatively, the property can be reunited into one grand single-family estate, with the detached apartment serving as a private mother-in-law suite or guest quarters. With multiple lots and no HOA restrictions, there's also potential to build an additional home on the property, making this a rare opportunity for investors, multigenerational families, or anyone looking to create a custom compound. You're steps from Osprey Park, Manatee Lagoon, and Rybovich Superyacht Marina, and minutes from downtown West Palm Beach, Rosemary Square, Clematis Street, and Palm Beach Island. This stretch near North Flagler is also ground zero for the city's luxury development boom, with the Ritz-Carlton Residences, Alba Palm Beach, Shorecrest, Olara West Palm Beach, the Mandarin Oriental Residences, and Apogee all rising nearby. That wave of investments is rapidly transforming the neighborhood into one of South Florida's most closely watched waterfront corridors. It's a rare opportunity to own a piece of Northwood's history right in the path of its next chapter.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
5
Number of bathrooms
3
Square feet
2,343
Lot size (acres)
0.24
Year built
1917

Interior features

Laundry
Inside

Exterior features

Waterfront
None

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,775

Public schools

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Sourced from: Beaches MLS MLS®#: B26051836 Last checked:

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