Under contract

527 48th St, West Palm Beach, FL 33407

Sqft
2,072

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHOME SOLD REALTY
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Overview

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). The CMUD is a compact, pedestrian-oriented, mixed-use district located between Currie Park to the east and the Northwood business district, designed to encourage development around Currie Park and the waterfront north of downtown. Notably, a high-end condominium project designed by Herzog & de Meuron is planned across from Currie Park at 2175 North Flagler Drive, approximately 1.5 miles south of the property. Additionally, the property is within close proximity to Downtown West Palm Beach, The Square, and the Flagler Financial District, offering tenants unparalleled access to premier dining, shopping, entertainment, and employment opportunities. The property's strategic location also provides convenient access to the Brightline West Palm Beach Station, located at 501 Evernia Street, approximately 3 miles south, connecting residents to Fort Lauderdale, Miami, and Orlando via high-speed rail.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
2,072
Lot size (acres)
0.14
Year built
1954

Exterior features

Water view
Yes

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,631

Public schools

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Sourced from: Beaches MLS MLS®#: B26010826 Last checked:

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