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Sold for $640,000
  • $640,000

    480 Hibiscus Street #601, West Palm Beach, FL 33401

    2beds
    1,124sqft
    Condominium
    Built in 2008
    -- sqft lot
    $672,900 Zestimate®
    $569/sqft
    $5,090 Estimated rent

    Home value

    $672,900

    $626,000 - $733,000

    $5,090/mo

    Zestimate® history
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    What's special

    Rare Find- Newly Renovated corner 2/2 unit w a storage unit, large spacious balcony, & high 9ft ceilings ALL in the ♡ of Downtown. Finished w Italian Cabinetry, stainless steel appliances, quartz countertops. Split bed floor plan w frameless showers & oversized soaking tub in Master En Suite. Located on the 6th floor, just steps to the large heated lap pool w spa, outdoor kitchen, and gym w state of the art fitness equipment, and a sauna. City Palms has fantastic amenities including Valet parking for guests, Club Room w billiards, Newsroom w Cafe, 24 hour manned lobby and much more! Walking distance to the Square, Brightline Station, Clematis, & Nora full of dining, shopping, & entertainment. Minutes to PBI, Worth Avenue, Midtown Beach, Gardens Mall, & Tangier Outlets. City Palms can be rented out minimum 30 days, easy approval process with the association, and can be rented out continuously throughout the year! Great turnkey investment opportunity. Furniture negotiable

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Guarin 772-475-6016,

    Keller Williams Coastal Partners,

    Matthew Zientz 772-528-8102,

    Keller Williams Coastal Partners

    Bought with:

    Sabra Kirkpatrick, 3228432

    Brown Harris Stevens of PB

    Sarah F. Koenig, 3298885

    Brown Harris Stevens of PB

    Source: BeachesMLS,MLS#: R10955728MLS 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: 180
    • Dimensions: 12 X 15
    Primary bedroom
    • Level: Main
    • Area: 180
    • Dimensions: 12 X 15
    Kitchen
    • Level: Main
    • Area: 90
    • Dimensions: 9 X 10
    Kitchen
    • Level: Main
    • Area: 90
    • Dimensions: 9 X 10
    Living room
    • Level: Main
    • Area: 247
    • Dimensions: 13 X 19
    Living room
    • Level: Main
    • Area: 247
    • Dimensions: 13 X 19
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer
    Features
    • Bathtub, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Multiple Primary Suites, Multiple En Suite Bathrooms, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Tub Shower, Walk-In Closet(s)
    • Flooring: Carpet
    • Windows: Blinds
    Interior area
    • Total structure area: 1,124
    • Total interior livable area: 1,124 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, Intercoastal, Ocean
    • Has water view: Yes
    • Water view: Intercoastal,Ocean
    • Waterfront features: Intracoastal Access
    Details
    • Parcel number: 74434321290000601
    • Zoning: QGD-10

    Construction

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

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Property Manager On-Site
    • Security: Security System
    • Subdivision: CITY PALMS CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Pool, Parking, Recreation Facilities, Restaurant, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Water
    • HOA fee: $642 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $569/sqft
    • Tax assessed value: $515,000
    • Annual tax amount: $9,432
    • Date on market: 2/1/2024
    • Cumulative days on market: 17 days
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    3/26/2024Sold$640,000-0.8%$569/sqft
    Source: BeachesMLS #R10955728 Report a problem
    2/1/2024Listed for sale$645,000+10.3%$574/sqft
    Source: BeachesMLS #RX-10955728 Report a problem
    2/17/2023Sold$585,000$520/sqft
    Source: Palm Beach BOR #23-135 Report a problem
    1/30/2023Pending sale$585,000$520/sqft
    Source: BeachesMLS #RX-10860250 Report a problem
    1/23/2023Listed for sale$585,000+18.2%$520/sqft
    Source: BeachesMLS #RX-10860250 Report a problem
    4/13/2022Sold$495,000+4.2%$440/sqft
    Source: Public Record Report a problem
    3/9/2022Pending sale$475,000$423/sqft
    Source: BeachesMLS #RX-10780682 Report a problem
    3/4/2022Listed for sale$475,000$423/sqft
    Source: BeachesMLS #RX-10780682 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,744 +6.1%$515,000 +6.2%
    2024$10,126 +7.4%$485,000 +8.3%
    2023$9,432 +51.9%$448,000 +69%
    2022$6,209 +14.2%$265,100 +10%
    2021$5,436 -2.5%$241,000 -1.6%
    2020$5,578 -0.9%$245,000
    2019$5,630 $245,000 +2.1%
    2018$5,630 +5.4%$240,000 -4%
    2017$5,341 -4.8%$250,000
    2016$5,610 -2.1%$250,000 +8.7%
    2015$5,728 +3.3%$230,000 -1.3%
    2014$5,547 +1.9%$233,000 +3.3%
    2013$5,445 +9.6%$225,500 +10%
    2012$4,968 +7%$205,000 +7.9%
    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
    Schools provided by the listing agent
    • Elementary: Roosevelt
    • Middle: Conniston Community
    • High: Forest Hill

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $672,900
    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
    $672,900