$815,000
SOLD SEP 19, 2023
4 Beds
4 Baths
1,794 Sq Ft
6,572 Sq Ft Lot

Recently Sold

$454 Per Sq Ft

9% Below List Price

35 Days on Market

Highlights

  • Boating
  • Guest House
  • Garage Apartment
  • Palm Beach Public School Rated A-
  • 1 Bedroom Guest House
  • 2-minute walk to Prospect Park

About This Home

As of June 2025

Historic Charm Meets Potential in Prospect Park Corner Lot

Uncover a rare chance in West Palm Beach's Prospect Park. This historic home sits on a 6,573 sqft corner lot, boasting two buildings.

The main 3-bed, 3-bath residence spans 1,398 sqft, fully gutted and ready for renovation.

Perfect for designing a dream home or vacation spot, and ideal for investors seeking short-term rentals or upscale flips.

The charming 1-bed, 1-bath cottage with a garage offers 704 sqft of potential.
The second dwelling is occupied by a renter.
Embrace the history, restore character, or create anew.
Walk to the Intracoastal, and enjoy a coveted lifestyle. Make this yours today.

Last Agent to Sell the Property

Liz Elazar

REI By Zip LLC License #3343214 Listed on: 08/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,465

Year Built

  • Built in 1954

Lot Details

  • 6,572 Sq Ft Lot
  • North Facing Home
  • Property is zoned SF14 (ci

Parking

  • 1 Car Garage
  • 5 Attached Carport Spaces
  • Garage Apartment
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,794 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Enclosed Glass Porch

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Palm Beach Public Elementary School
  • Conniston Middle School
  • Forest Hill Community High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434334070000020

Community Details

Overview

  • No Home Owners Association
  • Prospect Park South Subdivision

Recreation

  • Boating
  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,465

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Ownership: Limited Partnership
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: Southern Blvd East to South Olive, North on South Olive to 200 block of Marlborough Road
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PROSPECT PARK SOUTH
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Garage Apartment, Great Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1794
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Garage Apartment, Glassed Porch, Great Room, Guest House, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • Roof: Other, Curved/S-Tile Roof
  • View: None
  • Exterior Features: Room For Pool
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio, Glass Enclosed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: PROSPECT PARK SOUTH
  • Carport Spaces: 5
  • Covered Parking Spaces: 6
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Beach Club Member Available, Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill Community
  • Middle Or Junior School: Conniston

Lot Info

  • Parcel Number: 74434334070000020
  • Lot Size Sq Ft: 6572
  • Zoning: SF14 (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Jun 2, 2025
Sold by
Ctjc 240 Marlborough Llc
Bought by
Gibbons Lawrence M and Gibbons Patricia L
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,795,000
Sold Price
$1,635,000
Premium/Discount to List
-$160,000
-8.91%
Views
89
Current Estimated Value
$1,682,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,066
Avg. Annual Appreciation
11.08%
Original Mortgage
$806,500
Outstanding Balance
$804,430
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$877,636

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 19, 2023
Sold by
Spe 240 Marlborough Rd Llc
Bought by
Ctjc 240 Marlborough Llc
Seller's Agent
Liz Elazar
REI By Zip LLC
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.61%

Purchase Details

Closed on
Nov 23, 2022
Sold by
Schoop Linda Bergee
Bought by
Spe 240 Marlborough Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 2009
Sold by
Koch Cordell and Koch Linda R
Bought by
Koch Linda R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,635,000 Equity Land Title
Warranty Deed $1,635,000 Equity Land Title
Warranty Deed $815,000 Americas Title Corp
Warranty Deed $815,000 Americas Title Corp
Warranty Deed $625,000 --
Warranty Deed $625,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $806,500 New Conventional
Closed $806,500 New Conventional
Previous Owner $875,000 New Conventional
Previous Owner $531,250 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $1,635,000 -3.5% $778 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $1,695,000 -5.6% $806 / Sq Ft
02/14/2025 02/14/25 For Sale $1,795,000 +120.2% $854 / Sq Ft
09/19/2023 09/19/23 Sold $815,000 -8.9% $454 / Sq Ft
08/14/2023 08/14/23 For Sale $895,000 -- $499 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $18,941 $891,447 -- --
2023 $22,658 $1,070,935 $773,580 $297,355
2022 $14,465 $442,460 $0 $0
2021 $11,937 $455,024 $290,000 $165,024
2020 $11,024 $376,368 $240,000 $136,368
2019 $10,485 $370,328 $230,000 $140,328
2018 $7,125 $304,783 $210,588 $94,195
2017 $6,810 $313,712 $183,120 $130,592
2016 $6,388 $249,756 $0 $0
2015 $6,099 $227,051 $0 $0
2014 $5,598 $206,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11435536

MIAMI REALTORS® MLS

APN: 74-43-43-34-07-000-0020