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Sold for $522,500
  • $522,500

    480 Hibiscus Street #525, West Palm Beach, FL 33401

    2beds
    1,045sqft
    Condominium
    Built in 2008
    -- sqft lot
    $625,400 Zestimate®
    $500/sqft
    $4,571 Estimated rent

    Home value

    $625,400

    $582,000 - $675,000

    $4,571/mo

    Zestimate® history
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    What's special

    Introducing a Luxurious Corner 2 BR 2 BA Condo in the Exquisite City Palms Residence! Prepare to be captivated by the sheer elegance and convenience this building offers, boasting an array of top-notch amenities to enrich your lifestyle. With a 24-hour front desk, clubroom, news room, and an inviting, sophisticated lobby, you'll feel like you've arrived at a five-star hotel every time you come home. Indulge in the epitome of relaxation at the heated swimming pool and spa, or maintain your fitness goals at the state-of-the-art fitness center. Unparalleled convenience awaits you, as this exclusive residence is situated mere steps away from the vibrant City Place and the enchanting Waterfront, making it undeniably the most sought-after location in Downtown West Palm. Prepare to be amazed as you step inside this stunning home, adorned with ceramic tile flooring, lending an air of sophistication and easy maintenance. The kitchen boasts top-of-the-line stainless steel appliances and exquisite Italian-style cabinets, ensuring a culinary experience that surpasses your expectations. Immerse yourself in the grandeur of the 10-foot ceilings, amplifying the sense of spaciousness and elegance in every room. Every detail has been meticulously crafted to create an atmosphere of unparalleled refinement and luxury. Don't miss the chance to call this remarkable residence your own. Experience the epitome of urban living combined with sheer opulence at City Palms. Act now and seize the opportunity to elevate your lifestyle to new heights!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Nicolai Pettersen 561-506-7600,

    SuperiorFloridaRealty.com Inc

    Bought with:

    Loreal Rushin Gavigan LLC, 3323458

    Scuttina Signature Real Estate Group, LLC

    Source: BeachesMLS,MLS#: R10891059MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 165
    • Dimensions: 11 X 15
    Kitchen
    • Level: Main
    • Area: 100
    • Dimensions: 10 X 10
    Living room
    • Level: Main
    • Area: 216
    • Dimensions: 18 X 12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Water Heater, Washer
    Features
    • Built-in Features, Bathtub, Dual Sinks, High Ceilings, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
    Interior area
    • Total structure area: 1,045
    • Total interior livable area: 1,045 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Attached, Garage
    • Attached garage spaces: 1
    Features
    • Patio & porch: Covered, Patio
    • Exterior features: Outdoor Living Area
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Details
    • Parcel number: 74434321290000525
    • Zoning: QGD-10

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Colonial,Florida
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Property Manager On-Site
    • Security: Gated with Guard
    • Subdivision: CITY PALMS CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Business Center, Elevator(s), Fitness Center, Library, Trash
    • Services included: Cable TV, Insurance, Maintenance Grounds, Trash, Water
    • HOA fee: $739 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $510,000
    • Annual tax amount: $6,357
    • Date on market: 5/19/2023
    • Cumulative days on market: 103 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    9/20/2023Sold$522,500-4.8%$500/sqft
    Source: BeachesMLS #R10891059 Report a problem
    8/31/2023Pending sale$549,000$525/sqft
    Source: BeachesMLS #RX-10891059 Report a problem
    6/8/2023Price change$549,000-3.5%$525/sqft
    Source: BeachesMLS #RX-10891059 Report a problem
    5/19/2023Listed for sale$569,000+105%$544/sqft
    Source: BeachesMLS #RX-10891059 Report a problem
    3/18/2019Listing removed$2,100$2/sqft
    Source: HIGHLIGHT REALTY Report a problem
    1/15/2019Listed for rent$2,100$2/sqft
    Source: SuperiorFloridaRealty.com Inc #RX-10495816 Report a problem
    12/9/2014Sold$277,500-7.5%$266/sqft
    Source: Public Record Report a problem
    10/16/2014Listed for sale$300,000+12943.5%$287/sqft
    Source: Distinctive Realty Group LLC Report a problem
    6/1/2012Sold$2,300-99.5%$2/sqft
    Source: Agent Provided Report a problem
    12/29/2008Sold$437,855$419/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,641 +6.2%$510,000 +6.3%
    2024$10,024 +35.8%$480,000 +57.4%
    2023$7,379 +16.1%$304,920 +10%
    2022$6,357 +12%$277,200 +10%
    2021$5,676 -2.1%$252,000 -1.2%
    2020$5,797 -0.9%$255,000
    2019$5,852 $255,000 +2%
    2018$5,852 +5.3%$250,000 -3.8%
    2017$5,557 -4.7%$260,000
    2016$5,829 -2.1%$260,000 +8.3%
    2015$5,952 +4.7%$240,000 +0.4%
    2014$5,687 +2.3%$239,000 +4%
    2013$5,560 +9.7%$229,900 +10%
    2012$5,071 +9.2%$209,000 +10%
    2011$4,643 +3.7%$190,000 +5.6%
    2010$4,479 +3.8%$180,000
    2009$4,316 $180,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $625,400
    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
    $625,400