NOT LISTED FOR SALE

511 Silver Beach Rd West Palm Beach, FL 33403

Estimated Value: $413,107 - $471,000

2 Beds
1 Bath
1,650 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $390,000 $236 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,025/month

About This Home

As of February 2025

Attention savvy investors and homebuyers! We are excited to present an incredible opportunity to own a two-unit duplex nestled in a prime rental location, being sold AS IS. This unique investment package includes Unit 511, a spacious 2-bedroom, 1-bath residence with a bonus room and laundry facilities, and Unit 515, a cozy 1-bedroom, 1-bath unit with potential for expansion to increase rental income. You can live on one side and earn rental income from the other side. Each unit is separately listed in the County tax rolls. Sold as a Package Deal - Two-in-One Investment! Respect the privacy of the current tenants! Both units are currently occupied, and we kindly request that you refrain from disturbing the tenants during the sale process. Call Agent Today for info!

Last Agent to Rent the Property

Moe Mossa

Savvy Avenue, LLC License #3432985 Listed on: 01/15/2025

Last Renter's Agent

Tonsela Watts

United Realty Group, Inc License #3275643

United Realty Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,193

Year Built

  • 1959

Lot Details

  • South Facing Home

Home Design

  • Villa

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Kelsey City Subdivision

Listing and Financial Details

  • Property Available on 1/10/25
  • Rent includes sewer, water
  • Renewal Option

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,193

Year Built

1959

Lot Details

0

Rental Info

  • Available Date: 2025-01-10

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour
  • Year Built: 1959

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: South

Garage/Parking

  • Garage Yn: No

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 20, 2018
Sold by
Restrepo Sharon
Bought by
Green Water Property Llc
Seller's Agent
Jose Alcebo
LAER Realty Partners Bowen/WPB
Buyer's Agent
Jose Alcebo
LAER Realty Partners Bowen/WPB
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Current Estimated Value
$445,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,277
Avg. Annual Appreciation
17.20%
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 Buyer Sale Price Title Company
Green Water Property Llc $150,000 Attorney
Restrepo Sharon $145,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Pending -- -- --
03/05/2025 03/05/25 Off Market $419,900 -- --
02/11/2025 02/11/25 Rented $1,700 0.0% --
01/15/2025 01/15/25 For Rent $1,700 0.0% --
04/12/2024 04/12/24 Sold $390,000 -7.1% $393 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $419,900 -6.7% $423 / Sq Ft
01/30/2024 01/30/24 For Sale $449,900 0.0% $454 / Sq Ft
11/02/2018 11/02/18 For Rent $1,200 +9.1% --
11/02/2018 11/02/18 Rented $1,100 0.0% --
06/20/2018 06/20/18 Sold $145,000 -17.1% $88 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $175,000 -- $106 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $7,193 $244,195 -- --
2023 $6,632 $221,995 $0 $0
2022 $5,976 $201,814 $0 $0
2021 $5,023 $183,467 $56,100 $127,367
2020 $5,061 $184,402 $68,850 $115,552
2019 $5,067 $184,402 $68,850 $115,552
2018 $3,330 $127,951 $48,907 $79,044
2017 $3,221 $119,118 $43,667 $75,451
2016 $3,021 $87,086 $0 $0
2015 $2,827 $79,169 $0 $0
2014 $2,608 $71,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moe Mossa

    Landlord's Agent in 2025

    Moe Mossa

    Savvy Avenue, LLC

    (888) 490-1268

    2,761 Total Sales

    Moe Mossa
    Section Image

  • T

    Tenant's Agent in 2025

    Tonsela Watts

    United Realty Group, Inc

    (561) 469-8706

    33 Total Sales

    Tonsela Watts
    Section Image

  • T

    Seller's Agent in 2024

    Tracey Graham

    Premier Brokers International

    (561) 351-0106

    1 in this area

    6 Total Sales

    Tracey Graham
    Section Image
  • James Boucher

    Buyer's Agent in 2024

    James Boucher

    United Realty Group Inc

    (561) 845-9039

    1 in this area

    25 Total Sales

    James Boucher
    Section Image
  • Jose Alcebo

    Seller's Agent in 2018

    Jose Alcebo

    LAER Realty Partners Bowen/WPB

    (561) 313-7940

    1 in this area

    69 Total Sales

    Jose Alcebo
    Section Image

  • K

    Seller's Agent in 2018

    Keith Fleischer

    Forbes Christie LLC

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10480134

BeachesMLS (Greater Fort Lauderdale)

APN: 36-43-42-20-01-059-0410

Florida Palm Beach County West Palm Beach 33403

511 Silver Beach Rd, West Palm Beach, FL

This home is located at 511 Silver Beach Rd, West Palm Beach, FL 33403 since 15 January 2025 and is currently priced at $445,277. This property was built in 1959. 511 Silver Beach Rd is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, John F. Kennedy Middle School, and Palm Beach Gardens Community High School.

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 2025 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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