Estimated payment $5,849/month
Total Views
7,987
5
Beds
4
Baths
1,788
Sq Ft
$503
Price per Sq Ft
Highlights
- Guest House
- Waterfront
- Wood Flooring
- Pool and Spa
- Traditional Architecture
- No HOA
About This Home
Investor's Dream: Unique 3-Unit Property in Historic Northwood - Under $900K! An incredible opportunity to own a charming, successful vacation rental property in the heart of Old Historic Northwood. This property features a beautifully maintained 1947 CBS home with 3 bedrooms and 2 baths, along with two separate 1-bedroom, 1-bath cottages. Nestled on a peaceful, tree-lined street, this former artist's residence boasts a lushly landscaped yard, complete with a private above-ground spa for relaxation. Recent upgrades, including energy-efficient solar panels, have significantly lowered energy costs. With its prime location just under 3 miles from all that West Palm Beach and Palm Beach Island have to offer, this property is a short drive to PBI Airport and only two blocks from the Intracoastal Waterway.
Perfect for investors, families seeking a vacation retreat, or those looking to generate additional income to offset living expenses. Don't miss out on this fantastic property that offers both charm and the potential for great returns.
Listing Agent
Sotheby's International Realty, Inc. License #SL-3281601 Listed on: 03/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,484
Year Built
- Built in 1947
Lot Details
- 6,098 Sq Ft Lot
- Waterfront
- North Facing Home
- Back Yard Fenced
- Property is zoned SF-14-C3
Parking
- No Garage
Home Design
- Traditional Architecture
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 1,788 Sq Ft Home
- Single Hung Windows
- Dining Room
Kitchen
- Electric Range
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Pool and Spa
- Guest House
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 74434309050270020
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,287 | $520,723 | -- | -- |
| 2023 | $10,484 | $485,046 | $365,194 | $119,852 |
| 2022 | $9,549 | $430,023 | $0 | $0 |
| 2021 | $3,442 | $178,598 | $0 | $0 |
| 2020 | $3,414 | $176,132 | $0 | $0 |
| 2019 | $3,361 | $172,172 | $0 | $0 |
| 2018 | $3,111 | $168,962 | $0 | $0 |
| 2017 | $3,024 | $165,487 | $0 | $0 |
| 2016 | $3,007 | $162,083 | $0 | $0 |
| 2015 | $3,062 | $160,956 | $0 | $0 |
| 2014 | $3,067 | $159,679 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | For Sale | $899,000 | +581.1% | $503 / Sq Ft |
| 04/23/2012 04/23/12 | Sold | $132,000 | -17.4% | $105 / Sq Ft |
| 03/24/2012 03/24/12 | Pending | -- | -- | -- |
| 01/04/2012 01/04/12 | For Sale | $159,900 | -- | $127 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Alliance Title & Escrow Group | |
| Special Warranty Deed | $132,000 | Reo Title Company Of Fl Llc | |
| Trustee Deed | $101,300 | None Available | |
| Warranty Deed | $240,000 | Statewide Title Corporation | |
| Interfamily Deed Transfer | -- | Statewide Title Corp | |
| Quit Claim Deed | -- | Statewide Title Co | |
| Warranty Deed | $103,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $496,230 | New Conventional | |
| Previous Owner | $199,000 | New Conventional | |
| Previous Owner | $142,000 | New Conventional | |
| Previous Owner | $140,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $84,500 | Credit Line Revolving | |
| Previous Owner | $192,000 | Purchase Money Mortgage | |
| Previous Owner | $97,750 | New Conventional |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: Palm Beach Board of REALTORS®
MLS Number: 25-573
APN: 74-43-43-09-05-027-0020
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