A rare opportunity to own a multifamily parcel, zoning can be changed to allow two homes per acre or combined with adjoining lot a PUD.
Land is cleared there is a house on the property you may go and walk the grounds, do not disturb tenants.
Sold for $1,800,000
$1,800,000
438 Marginal Road, Royal Palm Beach, FL 33411
--beds
--baths
--sqft
Unimproved Land
Built in ----
-- sqft lot
$1,814,600 Zestimate®
$--/sqft
$2,565 Estimated rent
Home value
$1,814,600
$1.45M - $2.25M
$2,565/mo
Zestimate® history
Owner options
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$2,565/mo
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$2,565/mo
Rent Zestimate®
Refinance and save
$12,258/mo
Est. payment
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$12,258/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Francisco J Patino 561-373-5626,
Bellaggio Real Estate Group
Bought with:
Francisco J Patino, 3333700
Bellaggio Real Estate Group
Francisco J Patino, 3333700
Bellaggio Real Estate Group
Source: BeachesMLS,MLS#: R10889309
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Property
Features
- On waterfront: Yes
Lot
- Features: Cleared, Rural Lot
- Residential vegetation: Grassed, Mixed
Details
- Parcel number: 00424327050110312
- Zoning: AR
- Horses can be raised: Yes
- Horse amenities: Pasture, Water Source
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Equestrian Facilities
- Subdivision: PALM BEACH FARMS CO PL NO 3
HOA
- Has HOA: No
Location
- Region: West Palm Beach
Financial & listing details
- Tax assessed value: $1,424,845
- Annual tax amount: $467,711
- Date on market: 5/12/2023
- Cumulative days on market: 24 days
- Listing terms: Cash,Conventional,Owner Will Carry
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2023 | Sold | $1,800,000-14.3% |
Source:  BeachesMLS #R10889309 Report a problem | ||
| 5/12/2023 | Listed for sale | $2,100,000+757.1% |
Source: BeachesMLS #RX-10889309 Report a problem | ||
| 8/2/2001 | Sold | $245,000+81.5% |
Source: Public Record Report a problem | ||
| 4/6/1995 | Sold | $135,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,653 -1.6% | $1,424,845 -1.9% |
| 2024 | $25,065 +164.3% | $1,452,200 +172.3% |
| 2023 | $9,484 +0.8% | $533,242 +3% |
| 2022 | $9,409 +0.9% | $517,711 +3% |
| 2021 | $9,323 +0.8% | $502,632 +1.4% |
| 2020 | $9,252 -2.5% | $495,692 -1.4% |
| 2019 | $9,485 | $502,573 +1.7% |
| 2018 | $9,485 +5.2% | $494,301 -0.3% |
| 2017 | $9,014 -0.8% | $495,743 +43.5% |
| 2016 | $9,086 +9.5% | $345,400 -29% |
| 2015 | $8,300 -33.7% | $486,355 -11.6% |
| 2014 | $12,521 -6.6% | $550,005 +4.9% |
| 2013 | $13,407 +3.2% | $524,515 +10% |
| 2012 | $12,994 +2.1% | $476,832 +10% |
| 2011 | $12,728 +13.3% | $433,484 +10% |
| 2010 | $11,231 +29.9% | $394,076 -10.5% |
| 2009 | $8,644 -26.2% | $440,246 -17.5% |
| 2008 | $11,705 -11.5% | $533,882 -14.9% |
| 2007 | $13,220 -13.2% | $627,041 -4.8% |
| 2006 | $15,231 | $658,894 +45.8% |
| 2005 | -- | $451,842 +30.1% |
| 2004 | $3,605 +490.1% | $347,407 +52.5% |
| 2003 | $611 -86.6% | $227,823 +0.2% |
| 2002 | $4,564 +66.3% | $227,343 +71.5% |
| 2001 | $2,744 +2.9% | $132,537 +1.4% |
| 2000 | $2,668 +42.8% | $130,686 +7.7% |
| 1999 | $1,868 | $121,330 |
Find assessor info on the county website
Neighborhood: 33411
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Nearby schools
GreatSchools rating
- 6/10Everglades Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Emerald Cove Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Palm Beach Central High SchoolGrades: 9-12Distance: 1.2 mi
- Florida
- Palm Beach County
- West Palm Beach
- 33411
- 438 Marginal Road
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