$760,000 ($366.80 per sqft)

Est. Mortgage $3,744/mo *

Quick Pre-Approval

527 48th Street, West Palm Beach, FL, 33407

527 48th Street, West Palm Beach, FL, 33407

1954

2,072 sqft

This 4-unit property, constructed in 1954 with concrete block construction, offers a total of 2,387 square feet on a 0.14-acre lot. The unit mix consists of one two-bedroom/one-bathroom unit and three one-bedroom/one-bathroom units, providing an attractive configuration for a diverse tenant base. Northwood Villas is strategically located east of Broadway in a rapidly evolving submarket of West Palm Beach. The property stands to benefit significantly from the ongoing revitalization of the surrounding area, including transformative developments within the nearby Currie Mixed-Use District (CMUD). The CMUD is a compact, pedestrian-oriented, mixed-use district located between Currie Park to the east and the Northwood business district, designed to encourage development around Currie Park and the waterfront north of downtown. Notably, a high-end condominium project designed by Herzog & de Meuron is planned across from Currie Park at 2175 North Flagler Drive, approximately 1.5 miles south of the property. Additionally, the property is within close proximity to Downtown West Palm Beach, The Square, and the Flagler Financial District, offering tenants unparalleled access to premier dining, shopping, entertainment, and employment opportunities. The property's strategic location also provides convenient access to the Brightline West Palm Beach Station, located at 501 Evernia Street, approximately 3 miles south, connecting residents to Fort Lauderdale, Miami, and Orlando via high-speed rail.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

SF7 (city)

Subdivision:

NORTH PALM BCH 1

Heating:

Central

Cooling:

Central Air

Levels:

1

Acreage:

0.14

Est. Taxes:

$9,631

Construction

CBS

Utilities

Cable Available, Electricity Available

Elementary School:

Northmore

Middle School:

John F. Kennedy (Palm Beach)

High School:

Palm Beach Lakes

Days on Market:

60

Pet Policy:

Yes, Pet Restrictions Possible

Owner Pays:

Cable TV, Electricity

MLS #:

B26010826


Community Info

School Info

Walk Score

Yelp


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