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Sold for $430,000
  • $430,000

    225 Marguerita Drive, West Palm Beach, FL 33415

    --beds
    2baths
    1,412sqft
    Duplex, Multi Family, Multi Family
    Built in 1955
    -- sqft lot
    $436,100 Zestimate®
    $305/sqft
    $2,300 Estimated rent

    Home value

    $436,100

    $388,000 - $488,000

    $2,300/mo

    Zestimate® history
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    What's special

    INCOME-PRODUCING DUPLEX IN PRIME WEST PALM BEACH LOCATION! Don't miss this fantastic investment opportunity in the heart of West Palm Beach! This fully rented 3-bed, 2-bath duplex sits on over 1/3 acre in the desirable Royal Palm Estates neighborhood. The property includes a 2/1 unit and a 1/1 unit, each with separate addresses and individual utility meters, offering true independence and convenience for tenants. Zoned high-density multifamily and located in a non-flood zone, this property offers strong long-term potential and immediate cash flow from day one. A solid addition to any investors portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Fadi Almashini 305-713-3766,

    Gator Residential Group

    Bought with:

    Orlando Sanchez Bocalandro, 3469594

    London Foster Realty

    Source: BeachesMLS,MLS#: R11103909MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 1,618
    • Total interior livable area: 1,412 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Outdoor Living Area
    • Waterfront features: None
    Lot
    • Features: Corner Lot, Fruit Trees, 1/4 to 1/2 Acre Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00424335140090120
    • Zoning: RM—MULTI-FAMILY

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Block, Stucco
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Septic Tank
    • Water: Multiple Meters, Public
    • Utilities for property: Cable Available, Water Available

    Community & HOA

    Community
    • Subdivision: SOUTHERN BLVD PINES
    HOA
    • Has HOA: No
    • Amenities included: Park
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $305/sqft
    • Tax assessed value: $290,303
    • Annual tax amount: $4,559
    • Date on market: 7/1/2025
    • Cumulative days on market: 19 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Cable TV, Electricity, Water

    Price history

    DateEventPrice
    8/26/2025Sold$430,000-5.5%$305/sqft
    Source: BeachesMLS #R11103909 Report a problem
    7/21/2025Pending sale$455,000$322/sqft
    Source: BeachesMLS #RX-11103909 Report a problem
    7/1/2025Listed for sale$455,000+911.1%$322/sqft
    Source: BeachesMLS #RX-11103909 Report a problem
    2/5/1996Sold$45,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,817 +5.7%$212,018 +10%
    2024$4,559 +1.2%$192,744 +10%
    2023$4,507 +23.3%$175,222 +10%
    2022$3,655 +10.6%$159,293 +10%
    2021$3,304 +5.6%$144,812 +10%
    2020$3,128 -0.2%$131,647 +10%
    2019$3,134 $119,679 +7.7%
    2018$3,134 +22.7%$111,126
    2017$2,553 +6.5%$111,126 +23.6%
    2016$2,398 +5.9%$89,916 +10%
    2015$2,264 +12.4%$81,742 +10%
    2014$2,014 +9.1%$74,311 +10%
    2013$1,846 +4.7%$67,555 +9.9%
    2012$1,763 -2.3%$61,460 -1.3%
    2011$1,805 -7.4%$62,261 -11%
    2010$1,949 -22.3%$69,933 -33.2%
    2009$2,508 -21.8%$104,765 -35.2%
    2008$3,209 +1.3%$161,762 -3.5%
    2007$3,167 -10.1%$167,682 -0.8%
    2006$3,523 $168,959 +33%
    2005-- $127,005 +58.2%
    2004$833 +180.5%$80,300 +26.8%
    2003$297 -80.5%$63,327
    2002$1,526 +6%$63,327 +8.9%
    2001$1,440 +16.8%$58,156 +19.8%
    2000$1,233 +32.1%$48,530 +1.5%
    1999$933 $47,830
    Find assessor info on the county website

    Neighborhood: 33415

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $436,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $436,100