Sold for $312,500

$312,500

480 Hibiscus Street #531, West Palm Beach, FL 33401

1beds

690sqft

Condominium

Built in 2008

-- sqft lot

$367,100 Zestimate^®

$453/sqft

$2,943 Estimated rent

Home value

$367,100

$338,000 - $400,000

$2,943/mo

Zestimate^® history

Owner options

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$2,943/mo

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$2,943/mo

Rent Zestimate^®

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$2,636/mo

Est. payment

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$2,636/mo

Est. payment

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What's special

Rare 10 foot ceiling condo with lots of sun facing South coming available January 20th. One Bed One Bath Estate sale. This condo was never lived in and used as her art gallery. Just painted, this condo has all the original appliances, ac and water heater. Does need new kitchen cabinets. Only the 5th floor units in City Palms has the 10 foot ceilings. Stove never used. Pet friendly building, water, trash, & cable included. One parking space inside building included, large covered terrace. Swimming pool, Sauna, Hot tub, Gym. No approval for buyers, can be rented every 30 days, Valet Wed thru Sunday 5pm-9pm and guest parking is along the street thru the city of West Palm Beach and in the parking garages steps away. Easy to see!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 143
Dimensions: 13 X 11

Kitchen

Level: Main
Area: 54
Dimensions: 9 X 6

Living room

Level: Main
Area: 180
Dimensions: 15 X 12

Heating

Central

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer

Features

High Ceilings, Tub Shower
Flooring: Carpet, Ceramic Tile

Interior area

Total structure area: 690
Total interior livable area: 690 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Garage
Garage spaces: 1

Features

Patio & porch: Covered, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: City
Waterfront features: None

Details

Parcel number: 74434321290000531
Zoning: QGD-10
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Concrete

Condition

Resale
New construction: No
Year built: 2008

Utilities & green energy

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

Community & HOA

Community

Features: Gated
Security: Security System, Fire Sprinkler System, Gated Community, Key Card Entry, Lobby Secured, Phone Entry, Smoke Detector(s)
Subdivision: CITY PALMS CONDO

HOA

Has HOA: Yes
Amenities included: Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Library, Pool, Parking, Sauna, Spa/Hot Tub, Sidewalks, Trash
Services included: Common Areas, Maintenance Grounds, Trash
HOA fee: $488 monthly

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $453/sqft
Tax assessed value: $320,000
Annual tax amount: $4,827
Date on market: 1/20/2024
Cumulative days on market: 7 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
2/9/2024	Sold	$312,500-10.7%$453/sqft
Source: BeachesMLS #R10948701 Report a problem
2/1/2024	Pending sale	$350,000$507/sqft
Source: BeachesMLS #RX-10948701 Report a problem
1/20/2024	Listed for sale	$350,000+714%$507/sqft
Source: BeachesMLS #RX-10948701 Report a problem
6/26/2012	Sold	$43,000-77.6%$62/sqft
Source: Public Record Report a problem
2/24/2012	Sold	$191,900+3.8%$278/sqft
Source: Agent Provided Report a problem
10/25/2011	Price change	$184,900-4.6%$268/sqft
Source: London Realty Corp. Report a problem
10/21/2011	Listed for sale	$193,900$281/sqft
Source: London Realty Corp. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,756 +27.3%	$320,000 +44%
2024	$5,307 +9.9%	$222,277 +10%
2023	$4,827 +14.9%	$202,070 +10%
2022	$4,201 +9.8%	$183,700 +10%
2021	$3,827 -2.6%	$167,000 -1.8%
2020	$3,930 -0.9%	$170,000
2019	$3,967	$170,000 +3%
2018	$3,967 +6.7%	$165,000 -5.7%
2017	$3,718 -6.2%	$175,000 +9.7%
2016	$3,964 +4.1%	$159,500 +10%
2015	$3,808 +9.6%	$145,000 +0.7%
2014	$3,476 -0.3%	$144,000
2013	$3,486 +13.7%	$144,000 +16.9%
2012	$3,065 +9.9%	$123,200 +10%
2011	$2,788 +2.8%	$112,000 +4.7%
2010	$2,711 -8.6%	$107,000 -12.7%
2009	$2,965	$122,500