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Pending
  • Price cut: $50K (6/2)
    $395,000

    500 48th Street, West Palm Beach, FL 33407

    --beds
    --baths
    5,227Square Feet
    : 
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    Unimproved Land
    Built in ----
    5,227 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This exceptional .12‑acre vacant corner lot is located at 48th Street and Spruce Avenue in the highly desirable Old Northwood Historic District. Surrounded by beautifully restored historic homes and mature tree‑lined streets, the property offers an ideal setting for a custom residence or investment build. Its prime location provides immediate access to the rapidly developing NORA District, bringing new dining, retail, and entertainment options. The lot is just minutes from Downtown West Palm Beach, the Intracoastal Waterway, and Palm Beach, offering convenience and strong long‑term value. A rare opportunity to secure land in one of the city's most charming and sought‑after historic neighborhoods.
    188 days
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    78
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Terrance Dale Harris 561-352-6561,

    Coldwell Banker Realty

    Source: BeachesMLS,MLS#: R11154586MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Property

      Lot
      • Size: 5,227 Square Feet
      • Features: Cleared, City Lot, < 1/4 Acre
      • Residential vegetation: Brush, Mixed, None
      Details
      • Parcel number: 74434304040200010
      • Zoning: SF7-C4—HIST.

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: NORTH PALM BEACH PL 1
      HOA
      • Has HOA: Yes
      Location
      • Region: West Palm Beach

      Financial & listing details

      • Tax assessed value: $213,740
      • Annual tax amount: $1,807
      • Date on market: 1/15/2026
      • Cumulative days on market: 187 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,111/mo

        Price history

        DateEventPrice
        6/30/2026Pending sale$395,000
        Source: BeachesMLS #R11154586 Report a problem
        6/2/2026Price change$395,000-11.2%
        Source: BeachesMLS #R11154586 Report a problem
        3/10/2026Listed for sale$445,000+1761.9%
        Source: BeachesMLS #R11154586 Report a problem
        6/19/2001Sold$23,900-4.4%
        Source: Public Record Report a problem
        5/22/1997Sold$25,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,807 -9.5%$32,310 +10%
        2024$1,997 +50.5%$29,373 +10%
        2023$1,327 +41.5%$26,703 +10%
        2022$938 +42.6%$24,275 +10%
        2021$658 -1.8%$22,068 +10%
        2020$670 +13.8%$20,062 +10%
        2019$589 $18,238 -47.5%
        2018$589 +23.1%$34,771 +45%
        2017$478 +22.3%$23,980 +75%
        2016$391 +27.3%$13,703 +5%
        2015$307 +1.2%$13,050
        2014$304 -0.3%$13,050
        2013$305 +8.6%$13,050 +10%
        2012$280 -35.4%$11,864 -35%
        2011$434 -36.2%$18,252 -35%
        2010$680 -44.3%$28,080 -46%
        2009$1,222 -36%$52,000 -41.7%
        2008$1,910 -0.2%$89,261 -2.3%
        2007$1,914 +0.9%$91,316 +10%
        2006$1,897 $83,014 +21%
        2005-- $68,607 +200%
        2004$350 $22,869 +18.8%
        2003-- $19,250 +10%
        2002$431 -45.5%$17,500 -36.1%
        2001$791 +41.6%$27,378 +51.5%
        2000$558 -38.8%$18,068 -50.7%
        1999$912 $36,621
        Find assessor info on the county website

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        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: Northwood Harbor

        Getting around

        55 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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