Investor's Dream! This charming property, built in 1925, presents a unique opportunity for those seeking a lucrative investment in the real estate market. 5 mins to the beach and centrally located. Main house offers 1 bedroom, 1 bath. Full size kitchen, living and dining area. Studio apartment offers a full bath, kitchen and an open concept layout. Shared laundry room accessible from side entry. Detached single car garage, long driveway.
Sold for $325,000
$325,000
420 Independence Road, West Palm Beach, FL 33405
--beds
2baths
1,110sqft
Duplex, Multi Family, Multi Family
Built in 1925
-- sqft lot
$591,100 Zestimate®
$293/sqft
$2,684 Estimated rent
Home value
$591,100
$514,000 - $692,000
$2,684/mo
Zestimate® history
Owner options
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$2,684/mo
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$2,684/mo
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$2,241/mo
Est. payment
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$2,241/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Adrienne Carruthers PA 561-398-4166,
Keller Williams Realty - Welli
Bought with:
Joseph D Scheerer, 3294010
Douglas Elliman
Source: BeachesMLS,MLS#: R10904153
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Wood
Interior area
- Total structure area: 1,341
- Total interior livable area: 1,110 sqft
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 7,725 Square Feet
- Dimensions: 75.0 ft x 103.0 ft
- Features: < 1/4 Acre
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 74434404040080130
- Zoning: SF7(ci
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Frame, Stucco
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: COLONIAL ESTATES
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $301,887
- Annual tax amount: $4,966
- Date on market: 7/13/2023
- Cumulative days on market: 4 days
- Listing terms: Cash
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2023 | Sold | $325,000+14%$293/sqft |
Source:  BeachesMLS #R10904153 Report a problem | ||
| 7/13/2023 | Listed for sale | $285,000$257/sqft |
Source: BeachesMLS #RX-10904153 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,577 +1.4% | $301,887 +1.3% |
| 2024 | $6,489 +8.3% | $298,038 +27.8% |
| 2023 | $5,990 +20.6% | $233,175 +10% |
| 2022 | $4,966 +7.8% | $211,977 +10% |
| 2021 | $4,606 +5.5% | $192,706 +10% |
| 2020 | $4,366 +9.1% | $175,187 +10% |
| 2019 | $4,003 | $159,261 -1.1% |
| 2018 | $4,003 +13.9% | $160,965 +18% |
| 2017 | $3,514 +11.8% | $136,392 +14% |
| 2016 | $3,143 +8.3% | $119,655 +6.7% |
| 2015 | $2,903 +40.9% | $112,113 +58.8% |
| 2014 | $2,061 +15.6% | $70,584 +10% |
| 2013 | $1,783 +11.2% | $64,167 +10% |
| 2012 | $1,602 -26.8% | $58,334 -29.4% |
| 2011 | $2,190 -1.7% | $82,669 -0.5% |
| 2010 | $2,229 -19.9% | $83,096 -24.9% |
| 2009 | $2,781 -28.7% | $110,676 -36.7% |
| 2008 | $3,900 -6.9% | $174,974 -9.8% |
| 2007 | $4,190 +1.4% | $193,924 +10.7% |
| 2006 | $4,131 | $175,197 +36.1% |
| 2005 | -- | $128,763 +25.4% |
| 2004 | $1,569 +1409% | $102,648 +16.3% |
| 2003 | $104 -94.7% | $88,258 +17.6% |
| 2002 | $1,952 +11.2% | $75,058 +13.9% |
| 2001 | $1,756 +9.3% | $65,913 +10.2% |
| 2000 | $1,606 +13.1% | $59,833 +5% |
| 1999 | $1,420 | $56,989 |
Find assessor info on the county website
Neighborhood: South Side
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Nearby schools
GreatSchools rating
- 7/10South Olive Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$591,100
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
$591,100
- Florida
- Palm Beach County
- West Palm Beach
- 33405
- South Side
- 420 Independence Road
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