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Sold for $485,000
  • $485,000

    500 Michigan Place, West Palm Beach, FL 33409

    4beds
    1,756sqft
    Single Family Residence
    Built in 1953
    7,203 Square Feet Lot
    $494,400 Zestimate®
    $276/sqft
    $3,481 Estimated rent

    Home value

    $494,400

    $445,000 - $554,000

    $3,481/mo

    Zestimate® history
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    What's special

    This beautifully maintained 4-bedroom CBS home offers comfort and flexibility, featuring a spacious bonus room that can easily transform into a home office, dining room, studio, or game room—the choice is yours. The fourth bedroom, originally the garage, has been thoughtfully converted with central A/C, making it ideal as an in-law suite or income-producing rental. With no HOA, ample parking, and room to add a pool, this property offers freedom and opportunity rarely found in such a desirable location. Lush tropical landscaping creates a serene garden atmosphere that feels worlds away while still being close to everything. Currently occupied by a great month-to-month tenant open to a long-term lease, this home is perfect for both homeowners and investors alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen S Saliba 954-303-2720,

    RE/MAX First

    Bought with:

    Ariannys Marino, 3490242

    Antorcha Real Estate Group LLC

    Ariannys Marino, 3490242

    Antorcha Real Estate Group LLC

    Source: BeachesMLS,MLS#: F10533083MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
    • Laundry: Laundry Tub
    Features
    • Bathtub, Entrance Foyer, Living/Dining Room, Main Level Primary, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower
    • Flooring: Ceramic Tile, Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,756 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Uncovered spaces: 3
    • Details: CarportSpaces:0.00
    Features
    • Stories: 1
    • Patio & porch: Patio, Porch, Balcony
    • Exterior features: Balcony, Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 7,203 Square Feet
    • Dimensions: 74.0 ft x 100.0 ft
    • Features: Fruit Trees, Sprinklers Automatic, < 1/4 Acre
    Details
    • Parcel number: 74434319030120150
    • Zoning: SF7(ci
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Slate
    Condition
    • Resale
    • New construction: No
    • Year built: 1953

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: PALM BEACH LAKES SOUTH 2
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $276/sqft
    • Tax assessed value: $312,099
    • Annual tax amount: $6,046
    • Date on market: 10/22/2025
    • Cumulative days on market: 40 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/23/2025Sold$485,000$276/sqft
    Source: BeachesMLS #F10533083 Report a problem
    10/22/2025Listed for sale$485,000+51.6%$276/sqft
    Source: BeachesMLS #F10533083 Report a problem
    9/30/2021Sold$320,000-8.4%$182/sqft
    Source: BeachesMLS #R10729286 Report a problem
    7/27/2021Pending sale$349,500$199/sqft
    Source: BeachesMLS #RX-10729286 Report a problem
    7/12/2021Contingent$349,500$199/sqft
    Source: BeachesMLS #RX-10729286 Report a problem
    7/9/2021Listed for sale$349,500+118.4%$199/sqft
    Source: BeachesMLS #RX-10729286 Report a problem
    3/23/2017Sold$160,000-5.8%$91/sqft
    Source: BeachesMLS #R10302036 Report a problem
    2/24/2017Pending sale$169,900$97/sqft
    Source: Wellington Office #RX-10302036 Report a problem
    1/25/2017Listed for sale$169,900+125.6%$97/sqft
    Source: The Keyes Company #RX-10302036 Report a problem
    6/9/1993Sold$75,300$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,647 +9.9%$309,355 +10%
    2024$6,046 +0.7%$281,232 +1.4%
    2023$6,002 +5.8%$277,363 +8.5%
    2022$5,674 +73.5%$255,715 +42.2%
    2021$3,271 +0.8%$179,768 +1.4%
    2020$3,245 -2%$177,286 -0.9%
    2019$3,312 $178,884 +37.2%
    2018$3,312 +8.7%$130,389 +74.1%
    2017$3,046 +233.2%$74,895 +2.1%
    2016$914 -3%$73,355 +0.7%
    2015$943 -0.9%$72,845 +0.8%
    2014$951 +0.8%$72,267 +1.5%
    2013$943 -0.2%$71,199 +1.7%
    2012$945 -29.2%$70,009 -21.5%
    2011$1,334 -4.9%$89,140 -2.7%
    2010$1,403 -15.1%$91,641 -12%
    2009$1,653 +10.6%$104,172 +0.1%
    2008$1,494 -13.1%$104,068 +3%
    2007$1,719 -5%$101,037 +2.5%
    2006$1,809 $98,573 +3%
    2005-- $95,702 +5.3%
    2004$1,008 +869%$90,917 +8.2%
    2003$104 -92.8%$84,022 +5.6%
    2002$1,447 -24.6%$79,573 +9.7%
    2001$1,921 +73.8%$72,504 +11.7%
    2000$1,105 +16.2%$64,882 -1.2%
    1999$951 $65,697
    Find assessor info on the county website

    Neighborhood: Palm Beach Lakes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $494,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $494,400