NOT LISTED FOR SALE

509 57th St Unit A West Palm Beach, FL 33407

Northwood Neighborhood

Estimated Value: $477,000 - $621,000

4 Beds
2 Baths
1,712 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2013

Last sale price $85,000 $50 Per Sq Ft

Est. 561% increase in value since last sale

Current estimated payment $3,615 / mo

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of March 2013

Cash Only! Walking distance to intracoastal duplex. Property is perfect for your long term buy and hold portafolio. Duplex has updated electrical, Each side is a spacious 2 bedroom, 1 bath plus garage apartment. Property is located east of Federal Hwy/ US1 and borders the Historic District of Northwood Harbour. CBS construction, Central Air, all tiled floors. Rehab this property and enjoy the cash flow. Each unit shall rent for $800-850.

Last Agent to Sell the Property

Gene Schroeder

Bank On It Realty License #687483 Listed on: 02/01/2013

Last Buyer's Agent

Gene Schroeder

Bank On It Realty License #687483 Listed on: 02/01/2013

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1986

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • North Palm Beach Pl No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434304060490240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,058

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FROM I-95 EXIT ON 45 STREET HEAD EAST TO BROADWAY THEN NORTH TO 57 STREET AND EAST TO PROPERTY ON THE NORTH SIDE. IF YOU GET TO INTRACOASTAL YOU'VE GONE TOO FAR
  • Year Built: 1986
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Living Area: 1712.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 74434304060490240
  • Mobile Dim Units: Feet
  • Zoning: SF7

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2058.0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Dirks Stephen
Bought by
Current Estimated Value
$561,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,647
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 8, 2013
Sold by
Velasco Wpb Llc
Bought by
Dirks Stephen
Seller's Agent
Gene Schroeder
Bank On It Realty
Buyer's Agent
Gene Schroeder
Bank On It Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Oct 9, 2012
Sold by
Reef Properties Llc
Bought by
Velasco Wpb Llc

Purchase Details

Closed on
Sep 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Reef Properties Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Alvarez Eddy and Bartelone Rosaline
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2007
Sold by
Perez Grisel D
Bought by
Alvarez Eddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2007
Sold by
Spyke Sydney O and Spyke Pearline
Bought by
Perez Grisel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.05%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Northwood, FL

  • Jeff Tricoli Real Estate Agent - KW Reserve Palm Beach

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 898-0458

    1,823 Total Sales

    3 in Northwood

    $265K - $625K Price Range

    Jeff Tricoli
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  • Marlo Stein Real Estate Agent - RE/MAX Masterpiece Realty

    Marlo Stein

    RE/MAX Masterpiece Realty

    (561) 782-9823

    18 Total Sales

    1 in Northwood

    $385,000 Price

    Marlo Stein
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  • Loodmy Jacques Real Estate Agent - KW Reserve Palm Beach

    Loodmy Jacques

    KW Reserve Palm Beach

    (561) 770-9747

    289 Total Sales

    2 in Northwood

    $415,000 Price Range

    Loodmy Jacques
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  • Miguel Rodriguez Real Estate Agent - RE/MAX Concierge

    Miguel Rodriguez

    RE/MAX Concierge

    (754) 264-1227

    36 Total Sales

    1 in Northwood

    $250,000 Price

    Miguel Rodriguez
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  • Debbie Smith Real Estate Agent - Reliant Realty ERA Powered

    Debbie Smith

    Responds Quickly

    Reliant Realty ERA Powered

    (561) 250-7176

    111 Total Sales

    1 in Northwood

    $190,000 Price

    Debbie Smith
     Section Image
  • Rachel Tessoff Real Estate Agent - Sotheby's Intl. Realty, Inc.

    Rachel Tessoff

    Sotheby's Intl. Realty, Inc.

    (561) 933-4641

    91 Total Sales

    8 in Northwood

    $345K - $550K Price Range

    Rachel Tessoff
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 Coastal Home Title, Llc
Dirks Stephen $85,000 Title Guaranty Of S Fl Inc
Velasco Wpb Llc $48,000 Title Guaranty Of South Fl
Reef Properties Llc $40,000 New House Title Llc
Federal National Mortgage Association $62,800 None Available
Alvarez Eddy $310,000 Fidelity National Title Insu
Perez Grisel O $210,000 Title Results Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $444,647
Previous Owner Alvarez Eddy $263,500
Previous Owner Perez Grisel O $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $85,000 -5.5% $50 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $89,900 -- $53 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,185 $464,666
2024 $6,185 $178,772
2023 $5,435 $162,520 $214,452 $208,413
2022 $4,832 $147,745 $0 $0
2021 $4,303 $278,271 $84,000 $194,271
2020 $3,870 $235,826 $72,000 $163,826
2019 $3,474 $197,060 $66,000 $131,060
2018 $2,948 $172,232 $59,572 $112,660
2017 $2,679 $153,744 $41,084 $112,660
2016 $2,114 $83,399 $0 $0
2015 $2,535 $99,402 $0 $0
2014 $2,542 $98,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Schroeder Real Estate Agent - Bank On It Realty

    Seller's Agent in 2013

    Gene Schroeder

    Bank On It Realty

    (954) 816-4363

    17 Total Sales

    Gene Schroeder
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1224077

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-04-06-049-0240

Florida Palm Beach County West Palm Beach 33407 Northwood

509 57th St Unit A, West Palm Beach, FL

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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