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For sale
    • Price cut: $50K (4/27)
    $1,750,000

    481 S 56th Ter Terrace S, West Palm Beach, FL 33415

    5beds
    1,808sqft
    : 
    $11,262/mo
    Get pre-qualified
    Single Family Residence
    Built in 1971
    4.21 Acres Lot
    $1,678,700 Zestimate®
    $968/sqft
    $-- HOA

    What's special

    19 days
    |
    257
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Yelianys Chavez Calderon 561-888-5005,

    4ever Homes Realty LLC,

    Dianelis Suarez 561-603-2271,

    4ever Homes Realty LLC

    Source: BeachesMLS,MLS#: B26007043MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 5
      • Main level bedrooms: 5
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Kitchen Island, Multiple En Suite Bathrooms
      • Flooring: Laminate, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 3,070
      • Total interior livable area: 1,808 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Open
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Has private pool: Yes
      Lot
      • Size: 4.21 Acres
      Details
      • Parcel number: 00424402010001150
      • Zoning: RS
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: MODEL LAND CO
      HOA
      • Has HOA: No
      Location
      • Region: West Palm Beach

      Financial & listing details

      • Price per square foot: $968/sqft
      • Tax assessed value: $400,967
      • Annual tax amount: $6,645
      • Date on market: 7/8/2026
      • Cumulative days on market: 124 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $1,678,700

        $1.59M - $1.76M

        $4,616/mo

        Price history

        DateEventPrice
        4/27/2026Price change$1,750,000-2.8%$968/sqft
        Source: BeachesMLS #B26007043 Report a problem
        3/26/2026Listed for sale$1,800,000+400%$996/sqft
        Source: BeachesMLS #B26007043 Report a problem
        9/9/2011Sold$360,000+29.6%$199/sqft
        Source: Public Record Report a problem
        3/2/2011Sold$277,800-71.8%$154/sqft
        Source: Public Record Report a problem
        12/19/2009Listing removed$985,000$545/sqft
        Source: The Corcoran Group #5099 Report a problem
        7/18/2009Listed for sale$985,000+31.3%$545/sqft
        Source: Corcoran Group Palm Beach #R3033724 Report a problem
        9/6/2006Sold$750,000$415/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,645 +2.9%$400,967 +2.9%
        2024$6,457 +2.4%$389,667 +3%
        2023$6,308 +0.8%$378,317 +3%
        2022$6,259 +0.7%$367,298 +3%
        2021$6,214 -40.8%$356,600 -36.1%
        2020$10,495 +72%$558,206 +62.4%
        2019$6,101 $343,770 +1.9%
        2018$6,101 +5.5%$337,360 +2.1%
        2017$5,782 +1.5%$330,421 +2.1%
        2016$5,699 -0.2%$323,625 +0.7%
        2015$5,709 -2.4%$321,375 +0.8%
        2014$5,850 +1.5%$318,824 +1.5%
        2013$5,761 -2.9%$314,112 -1.6%
        2012$5,930 -3.5%$319,314 +12.3%
        2011$6,145 -9.5%$284,229 -19.8%
        2010$6,788 -17%$354,396 -19.6%
        2009$8,175 -33.7%$440,578 -40.2%
        2007$12,327 +98.7%$736,334 +115.6%
        2006$6,204 $341,493 +32.2%
        2005-- $258,354 +3%
        2004$2,343 +572.9%$250,829 +1.9%
        2003$348 -92.4%$246,152 +2.4%
        2002$4,576 +0.4%$240,383 +1.6%
        2001$4,556 -0.7%$236,597 -2.1%
        2000$4,586 +11.8%$241,616 +2%
        1999$4,103 $236,914
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33415

        Getting around

        11 / 100
        Car-Dependent
        18 / 100
        Minimal Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Melaleuca
        • Middle: Okeeheelee
        • High: Palm Beach Central

        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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