NOT LISTED FOR SALE

156 Pine Ave West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $504,002 - $639,000

4 Beds
4 Baths
2,400 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $223,000 $93 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,340/month

181 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2019

Don't miss out on this great investment property in WPB. Close to shopping and Turnpike. 2/2 on each side with tenants in unit until June, 2019. Large lot in the community. Come take a look today!!

Last Agent to Sell the Property

Mondany grant

Coldwell Banker Realty /Delray Beach License #3311676 Listed on: 01/23/2019

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Mondany grant

Coldwell Banker Realty /Delray Beach License #3311676 Listed on: 01/23/2019

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 2,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424335120200200

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Royal Palm Estates 3 Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,070

Year Built

Built in 1987

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd and Pine Ave house on East side. East from Turnpike.
  • Year Built: 1987
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2400.0

Exterior Features

  • View: Garden
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 00424335120200200
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Mobile Dim Units: Feet
  • Zoning: RM

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 19030.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4070.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 28, 2019
Sold by
Joseph Margarette
Bought by
Khaleel Karim
Seller's Agent
Mondany grant
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Mondany grant
Coldwell Banker Realty /Delray Beach
List Price
$299,900
Sold Price
$223,000
Premium/Discount to List
-$76,900
-25.64%
Current Estimated Value
$554,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,251
Avg. Annual Appreciation
13.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khaleel Karim $223,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $223,000 -25.6% $93 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
08/20/2018 08/20/18 For Sale $299,900 -- $125 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,469 $292,102 -- --
2024 $5,469 $265,547 -- --
2023 $5,322 $241,406 $183,000 $142,130
2022 $4,787 $219,460 $0 $0
2021 $4,211 $199,509 $88,000 $111,509
2020 $3,986 $185,765 $88,000 $97,765
2019 $4,539 $239,744 $88,000 $151,744
2018 $4,429 $216,623 $77,963 $138,660
2017 $4,070 $192,704 $51,975 $140,729
2016 $3,809 $148,107 $0 $0
2015 $3,577 $134,643 $0 $0
2014 $3,404 $122,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mondany grant

    Coldwell Banker Realty /Delray Beach

    (954) 650-3199

    35 Total Sales

    Mondany grant
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10457325

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-35-12-020-0200

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

156 Pine Ave, West Palm Beach, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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