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Sold for $425,000
  • $425,000

    505 Independence Road, West Palm Beach, FL 33405

    3beds
    1,279sqft
    Single Family Residence
    Built in 1925
    5,150 Square Feet Lot
    $425,300 Zestimate®
    $332/sqft
    $2,928 Estimated rent

    Home value

    $425,300

    $383,000 - $472,000

    $2,928/mo

    Zestimate® history
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    What's special

    Recently freshly paintedSpanish style homePlenty of parkingNew flooring being installedUpdated electrical panelNew sodHurricane panels
    Motivated Seller! Great Opportunity! Come see this Spanish Style Home 3 bedrooms, 1 bath home with a detached Outhouse/Studio with 1 bath, = built in income potential. New Roof installed on 3/2021, 5yrs ago on both structures, solar panels 3yrs ago, tankless Water heater in outhouse, AC, Fence, & hurricane panels, updated electrical panel. Recently Freshly painted, new Sod & new flooring being installed. This home is Perfect for first time buyers or Investors ready to add value. Home is very close to the Intracoastal, downtown WPB, City Place, Palm Beach Island, and PBI Airport. No HOA, no rental restrictions, and plenty of parking! Don't miss out on this opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacqueline Reyes Kasai 732-740-0929,

    United Realty Group Inc

    Bought with:

    Jared G Dalto, 3051700

    The Palm Beach Group

    Source: BeachesMLS,MLS#: B26032131MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Heating
    • Central, Solar
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Range, Refrigerator, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Outside
    Features
    • Dining Area, Separate/Formal Dining Room, Living/Dining Room, Stacked Bedrooms, Tub Shower
    • Flooring: Ceramic Tile, Wood
    • Windows: Double Hung, Metal, Single Hung
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,555
    • Total interior livable area: 1,279 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached Carport, Asphalt, Carport, Driveway
    • Carport spaces: 1
    • Uncovered spaces: 3
    • Details: CarportSpaces:1.00
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Awning(s), Outdoor Living Area
    • Fencing: Back Yard,Fenced,Privacy,Wood
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 5,150 Square Feet
    • Dimensions: 50.0 ft x 103.0 ft
    • Features: Sprinklers Automatic, < 1/4 Acre
    Details
    • Additional structures: Guest House
    • Parcel number: 74434404040240270
    • Zoning: SF7 (city)
    • Special conditions: Standard,Listed As-Is
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Stucco
    • Roof: Flat,Other,Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 1925

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Smoke Detector(s)
    • Subdivision: COLONIAL ESTATES
    HOA
    • Has HOA: No
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $216,915
    • Annual tax amount: $3,865
    • Date on market: 5/23/2026
    • Cumulative days on market: 41 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/3/2026Sold$425,000-11.4%$332/sqft
    Source: BeachesMLS #B26032131 Report a problem
    5/23/2026Listed for sale$479,900+138.8%$375/sqft
    Source: BeachesMLS #B26032131 Report a problem
    11/15/2016Sold$201,000-4.3%$157/sqft
    Source: BeachesMLS #R10245875 Report a problem
    10/12/2016Price change$209,999+5%$164/sqft
    Source: Partnership Realty Inc. #RX-10245875 Report a problem
    9/24/2016Listed for sale$199,999+11.1%$156/sqft
    Source: Partnership Realty Inc. #RX-10245875 Report a problem
    8/11/2016Listing removed$179,999$141/sqft
    Source: Partnership Realty Inc. #RX-10245875 Report a problem
    8/1/2016Price change$179,999-10%$141/sqft
    Source: Partnership Realty Inc. #RX-10245875 Report a problem
    6/24/2016Listed for sale$199,999-16.7%$156/sqft
    Source: Partnership Realty Inc. #RX-10245875 Report a problem
    3/15/2006Sold$240,000$188/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,865 +3.3%$216,915 +2.9%
    2024$3,740 +2.9%$210,802 +3%
    2023$3,635 +1.5%$204,662 +3%
    2022$3,581 +0.7%$198,701 +3%
    2021$3,557 -5.5%$192,914 -4%
    2020$3,762 -15.1%$200,850 +7.2%
    2019$4,430 $187,350 +13.6%
    2018$4,430 +54%$164,919 +2.1%
    2017$2,876 +2.2%$161,527 +131.5%
    2016$2,814 +214.3%$69,777 +0.7%
    2015$895 -3.1%$69,292 +0.8%
    2014$924 +0.8%$68,742 +1.5%
    2013$917 -0.2%$67,726 +1.7%
    2012$919 -26.1%$66,594 -22%
    2011$1,244 -2.5%$85,335 -1.2%
    2010$1,275 -29.1%$86,350 -21.7%
    2009$1,798 -37.5%$110,307 -34.6%
    2008$2,874 -16.9%$168,549 -8.4%
    2007$3,457 -9.5%$183,946 +13.9%
    2006$3,819 $161,521 +29.2%
    2005-- $124,977 +20.9%
    2004$1,580 +1419.3%$103,354 +45.9%
    2003$104 -93.5%$70,857 +16.6%
    2002$1,600 +12.6%$60,787 +15.6%
    2001$1,422 +9.4%$52,583 +10.4%
    2000$1,300 +16.7%$47,643 +6.6%
    1999$1,114 $44,705
    Find assessor info on the county website

    Neighborhood: South Side

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Olive
    • 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
    $425,300
    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
    $425,300