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Sold for $765,000
  • $765,000

    5517 Hobart Avenue, West Palm Beach, FL 33405

    4beds
    2,134sqft
    Single Family Residence
    Built in 1926
    -- sqft lot
    $816,500 Zestimate®
    $358/sqft
    $4,986 Estimated rent

    Home value

    $816,500

    $743,000 - $898,000

    $4,986/mo

    Zestimate® history
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    What's special

    Charm oozes from this beautiful Spanish Mission style compound, home with guest house, on 2 1/2 lots in the coveted south end of West Palm Beach. Old and new are perfectly blended with original fireplace and pecky cypress ceilings together with a stunning kitchen, impact windows and energy efficient LED lighting throughout. Outside is just as stunning with meandering paths, two decks, firepit, very large yard with multiple locations for a pool, and some of the most beautiful tropical landscaping with flowering trees and bushes. There are Mango, oak, Fiddleleaf Fig and 3 of the largest Staghorn ferns in the county... inspiring the name of the home, ''Staghorn Manor''. Guest house is a true 1 bedroom 1 bath with living room, kitchen and laundry. Multiple energy saving features throughout homes, including: LED lighting, tankless water heaters, impact windows(main house), 2016 roof with 2024 application of reflective white 10-yr. silicone sealant, 20+ solar panels which are paid for and each month cut the cost for both houses to a fraction of normal cost. House and guest house come with a transferrable termite bond from Hulett Pest Control and seller will provide a 1yr. Home Warranty that is also transferrable after the first year. There is also a well for the automatic multi-zone irrigation system. Long driveway by house as well as the circular driveway provide plenty of parking for both houses, boat, RV, etc. All of this, located within a few minutes to the beach, downtown shops and restaurants, Antique Row, Palm Beach Atlantic University, Palm Beach International Airport and less than a mile to the Palm Beach Zoo, the science museum and the brand new, renowned "The Park" golf course! This is truly a one-of-a-kind property with potential to be a great family compound or a super cash producing annual rental or Airbnb destination, or a combination of both!

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard L Heers II 561-718-5999,

    Sailfish Group Realty

    Bought with:

    Michael S Cuevas, 3172647

    Acquire Palm Beach LLC

    Source: BeachesMLS,MLS#: R11000953MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Primary bedroom
    • Level: First
    • Area: 288
    • Dimensions: 18 X 16
    Primary bedroom
    • Level: First
    • Area: 288
    • Dimensions: 18 X 16
    Kitchen
    • Level: First
    • Area: 216
    • Dimensions: 18 X 12
    Kitchen
    • Level: First
    • Area: 216
    • Dimensions: 18 X 12
    Living room
    • Description: 2 liv rooms combined
    • Level: First
    • Area: 364
    • Dimensions: 14 X 26
    Living room
    • Description: 2 liv rooms combined
    • Level: First
    • Area: 364
    • Dimensions: 14 X 26
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Solar Hot Water, Water Heater, Washer
    • Laundry: Washer Hookup, Inside
    Features
    • Eat-in Kitchen, Main Level Primary, Split Bedrooms, Separate Shower, Walk-In Closet(s)
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,240
    • Total interior livable area: 2,134 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Circular Driveway, RV Access/Parking
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Deck, Porch
    • Exterior features: Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Dimensions: 128 ft wide, 110 ft. deep
    • Features: Fruit Trees, 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
    Details
    • Parcel number: 74434404260030100
    • Zoning: SF7(ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Composition,Rolled/Hot Mop
    Condition
    • Resale
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Smoke Detector(s)
    • Subdivision: EL MONTE PARK
    HOA
    • Has HOA: No
    • Amenities included: Sidewalks, Trail(s)
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $358/sqft
    • Tax assessed value: $661,938
    • Annual tax amount: $2,393
    • Date on market: 8/30/2024
    • Cumulative days on market: 79 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/13/2024Sold$765,000-3%$358/sqft
    Source: BeachesMLS #R11000953 Report a problem
    11/16/2024Pending sale$789,000$370/sqft
    Source: BeachesMLS #RX-11000953 Report a problem
    7/2/2024Listed for sale$789,000+132.1%$370/sqft
    Source: BeachesMLS #RX-11000953 Report a problem
    10/13/2023Sold$340,000+3%$159/sqft
    Source: BeachesMLS #R10922935 Report a problem
    9/29/2023Pending sale$330,000$155/sqft
    Source: BeachesMLS #RX-10922939 Report a problem
    9/27/2023Price change$330,000-38.9%$155/sqft
    Source: BeachesMLS #RX-10922935 Report a problem
    9/1/2023Listed for sale$540,000+468.4%$253/sqft
    Source: BeachesMLS #RX-10916193 Report a problem
    1/28/1998Sold$95,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,081 +57.6%$554,904 +76.1%
    2024$7,031 +193.8%$315,022 +141.6%
    2023$2,393 +2%$130,382 +3%
    2022$2,345 +1.4%$126,584 +3%
    2021$2,313 +1.2%$122,897 +1.4%
    2020$2,286 -55.4%$121,200 +2.3%
    2019$5,119 $118,475 +1.9%
    2018$5,119 +1.6%$116,266 +2.1%
    2017$5,039 +156.4%$113,875 +2.1%
    2016$1,965 +1%$111,533 +0.7%
    2015$1,947 -1.8%$110,758 +0.8%
    2014$1,983 +1.8%$109,879 +1.5%
    2013$1,947 +1.1%$108,255 +1.7%
    2012$1,926 -5.3%$106,445 -3.4%
    2011$2,034 +1.5%$110,198 +1.5%
    2010$2,004 +8.6%$108,569 +2.7%
    2009$1,846 +9.6%$105,715 +0.1%
    2008$1,683 $105,609 +8.7%
    2005-- $97,118 +3%
    2004$1,059 +409.3%$94,289 +2.3%
    2003$208 -88.5%$92,147 +2.4%
    2002$1,808 +0.3%$89,987 +1.6%
    2001$1,802 +3.6%$88,570 +3%
    2000$1,740 +18.9%$85,990 +2.7%
    1999$1,463 $83,729
    Find assessor info on the county website

    Neighborhood: Parker Ridge

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $816,500
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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
    $816,500