An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area. The property is currently being updated to be fully turn-key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler Street and only minutes from the vibrant downtown district.
With its prime location and strong upside potential, this is a rare opportunity to secure a solid asset in a growing market. Don't miss out — schedule your showing today and explore everything this triplex has to offer. Don't miss out schedule your showing today and uncover the possibilities this triplex has to offer!
Sold for $550,000
Street View
$550,000
523 48th Street, West Palm Beach, FL 33407
5beds
3baths
1,421sqft
Triplex, Multi Family, Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$387/sqft
$2,485 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,485/mo
Zestimate® history
Owner options
List your home for rent
$2,485/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,485/mo
Rent Zestimate®
Refinance and save
$3,810/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,810/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Anthony J Nastase 954-775-5165,
Tropical Springs Realty,
Lloyd V Nastase 954-856-8181,
Tropical Springs Realty
Bought with:
Anthony J Nastase, 3216400
Tropical Springs Realty
Source: BeachesMLS,MLS#: R11080923
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central, Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Flooring: Other
Interior area
- Total structure area: 2,289
- Total interior livable area: 1,421 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Outdoor Living Area
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 6,826 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 74434304040210250
- Zoning: SF7(ci
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Block, Frame
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: NORTH PALM BCH 1
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $105,143
- Annual tax amount: $6,285
- Date on market: 4/12/2025
- Cumulative days on market: 307 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Sewer, Water
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $550,000-6.8%$387/sqft |
Source:  BeachesMLS #R11080923 Report a problem | ||
| 3/10/2026 | Pending sale | $590,000$415/sqft |
Source: BeachesMLS #R11080923 Report a problem | ||
| 5/22/2025 | Price change | $590,000-0.8%$415/sqft |
Source: BeachesMLS #RX-11080923 Report a problem | ||
| 4/12/2025 | Listed for sale | $595,000$419/sqft |
Source: BeachesMLS #RX-11080923 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $2,821 +7.4% | $97,902 +10% |
| 2014 | $2,626 +9.3% | $89,002 +10% |
| 2013 | $2,402 +9.9% | $80,911 +10% |
| 2012 | $2,185 +3.8% | $73,555 +0.2% |
| 2011 | $2,106 -18.9% | $73,432 -17.9% |
| 2010 | $2,595 -23.6% | $89,444 -30.3% |
| 2009 | $3,395 -22% | $128,327 -31% |
| 2008 | $4,352 -13.8% | $186,035 -18.6% |
| 2007 | $5,050 +14.4% | $228,467 +25.5% |
| 2006 | $4,413 +10.7% | $182,082 +14.1% |
| 2005 | $3,986 +48.1% | $159,627 +55.3% |
| 2004 | $2,691 | $102,766 |
Find assessor info on the county website
Neighborhood: Northwood Harbor
Nearby homes
- $669,0003 bd3 ba1.5k sqft521 48th St, West Palm Beach, FL 33407For Sale
- $--1 bd1 ba750 sqft523 48th St #521, West Palm Beach, FL 33407Off Market
- $--1 bd1 ba700 sqft523 48th St #523, West Palm Beach, FL 33407Off Market
- $454,8004 bd3 ba1.2k sqft517 48th St, West Palm Beach, FL 33407Off Market
- $--2 bd1 ba2k sqft527 48th St APT 1, West Palm Beach, FL 33407Off Market
- $--1 bd1 ba609 sqft527 48th St APT 4, West Palm Beach, FL 33407Off Market
- $760,0005 bd4 ba2k sqft527 48th St, West Palm Beach, FL 33407Pending
- $600,0002 bd1 ba960 sqft522 49th St, West Palm Beach, FL 33407For Sale
Nearby schools
GreatSchools rating
- 4/10Northmore Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10John F. Kennedy Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Northmore
- Middle: John F. Kennedy (Palm Beach)
- High: Palm Beach Lakes
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Florida
- Palm Beach County
- West Palm Beach
- 33407
- Northwood Harbor
- 523 48th Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other West Palm Beach Topics
