Located in the highly desirable SOSO district of West Palm Beach, this unique property offers incredible potential for investors or homeowners looking for rental income.
Two single-family homes sit on this DOUBLE lot, providing endless possibilities for renovation, rental income, or a multi-generational living setup. Front Home: Originally a 3/1, currently configured as a 2/1 with brand new plumbing throughout. Back Home: A separate 2-bedroom, 1-bath unit, perfect for guests, rental income, or extended family.
This property is priced to sell and presents a rare opportunity to create something special for your investment portfolio, a quick flip, or and amazing generational home!
Sold for $400,000
$400,000
509 Putnam Road, West Palm Beach, FL 33405
4beds
1,500sqft
Single Family Residence
Built in 1945
5,100 Square Feet Lot
$411,000 Zestimate®
$267/sqft
$3,550 Estimated rent
Home value
$411,000
$366,000 - $460,000
$3,550/mo
Zestimate® history
Owner options
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$3,550/mo
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$3,550/mo
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$2,752/mo
Est. payment
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$2,752/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Justin Levins 728-203-3750,
LPT Realty, LLC,
Sara Neering 561-460-3117,
LPT Realty, LLC
Bought with:
Diego A Breitfeld, 3196591
La Palma Realty Company
Source: BeachesMLS,MLS#: R11062293
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 225
- Dimensions: 15 X 15
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10 X 10
Living room
- Level: Main
- Area: 200
- Dimensions: 20 X 10
Heating
- Other
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator
Features
- None
- Flooring: Other
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,500 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Entry Level Living Area Y
- Waterfront features: None
Lot
- Size: 5,100 Square Feet
- Dimensions: 50.0 ft x 102.0 ft
- Features: < 1/4 Acre
Details
- Parcel number: 74434404040270290
- Zoning: SF14(c
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding
Condition
- Resale
- New construction: No
- Year built: 1945
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: COLONIAL ESTATES
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $276,691
- Annual tax amount: $4,399
- Date on market: 3/5/2025
- Cumulative days on market: 49 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | $400,000-9.1%$267/sqft |
Source:  BeachesMLS #R11062293 Report a problem | ||
| 4/25/2025 | Pending sale | $440,000$293/sqft |
Source: BeachesMLS #RX-11062293 Report a problem | ||
| 2/14/2025 | Listed for sale | $440,000$293/sqft |
Source: BeachesMLS #RX-11062293 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,760 +8.2% | $176,440 +10% |
| 2024 | $4,399 +7% | $160,400 +10% |
| 2023 | $4,110 +6.3% | $145,818 +10% |
| 2022 | $3,866 +8% | $132,562 +10% |
| 2021 | $3,579 +6.4% | $120,511 +10% |
| 2020 | $3,365 +7% | $109,555 +10% |
| 2019 | $3,145 | $99,595 -32.8% |
| 2018 | $3,145 +16% | $148,134 +16.1% |
| 2017 | $2,711 +11.4% | $127,623 +73.5% |
| 2016 | $2,433 +12.4% | $73,568 +10% |
| 2015 | $2,165 +13.4% | $66,880 +10% |
| 2014 | $1,909 +16.1% | $60,800 +10% |
| 2013 | $1,645 +8.9% | $55,273 +10% |
| 2012 | $1,510 -20% | $50,248 -23.6% |
| 2011 | $1,887 +74.7% | $65,773 -6.3% |
| 2010 | $1,080 +4.1% | $70,224 +0.8% |
| 2009 | $1,037 -8.4% | $69,675 +5.7% |
| 2006 | $1,132 +99.4% | $65,930 +6.1% |
| 2004 | $568 +261.7% | $62,146 +1.9% |
| 2003 | $157 -84.4% | $60,987 +2.4% |
| 2002 | $1,008 +0.6% | $59,558 +1.6% |
| 2001 | $1,002 +4.3% | $58,620 +3% |
| 2000 | $960 +26.7% | $56,913 -3.8% |
| 1999 | $758 | $59,160 |
Find assessor info on the county website
Neighborhood: South Side
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Nearby schools
GreatSchools rating
- 7/10South Olive Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$411,000
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
$411,000
- Florida
- Palm Beach County
- West Palm Beach
- 33405
- South Side
- 509 Putnam Road
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Nearby neighborhoods
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