$1,039,043 - $1,266,000
RENTED JAN 25, 2025

518 Biscayne Dr Unit 1 West Palm Beach, FL 33401

Flamingo Park Neighborhood
2 Beds
1 Bath
825 Sq Ft
$1,445 Price per Sq Ft

About This Home

Spacious 2-bedroom, 1-bathroom apartment in a vibrant neighborhood. Upgraded building with impact windows throughout. Large master bedroom plus small second BR/office. High ceilings, stainless steel appliances, in-unit laundry, and tankless water heater. Relax in the large private backyard and deck that opens out onto it. Rent is $2,500/month with an annual lease. Landlord covers water and trash; tenant pays electric and cable. Pets welcome with a fee.84 WalkScore, located in the Historic Flamingo Park, one of the most desirable neighborhoods in WPB. Walk/bike to Palm Beach Atlantic University (PBA), CityPlace, Grato, Composition Coffee, Table 26, and the many employment opportunities downtown.Requires security deposit and last month rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
518 Biscayne Drive Llc
Bought by
Lederer Elisa
Current Estimated Value
$1,192,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,641
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2010
Sold by
Wolf A and Wolf Arnold
Bought by
518 Biscayne Drive Llc

Purchase Details

Closed on
Oct 15, 2009
Sold by
Roberto Mark
Bought by
Wolf A

Purchase Details

Closed on
Aug 24, 2007
Sold by
Fellows Dean
Bought by
Roberto Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
12.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 3, 1997
Sold by
Fellows Louise H
Bought by
Fellows Louise H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lederer Elisa $599,500 Clear Title Services Inc
518 Biscayne Drive Llc -- Attorney
Wolf A -- None Available
Roberto Mark $275,000 Attorney
Fellows Louise H $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederer Elisa $945,000
Closed Lederer Elisa $587,124
Closed Lederer Elisa $588,641
Previous Owner Roberto Mark $50,000
Previous Owner Roberto Mark $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2025 01/25/25 Rented $2,300 0.0% --
01/23/2025 01/23/25 Price Changed $2,300 -8.0% $3 / Sq Ft
01/17/2025 01/17/25 For Rent $2,500 -- --

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 $15,904 $686,846 -- --
2023 $15,202 $624,405 $483,360 $377,401
2022 $13,331 $567,641 $0 $0
2021 $11,030 $513,252 $0 $0
2020 $10,796 $497,922 $176,000 $321,922
2019 $6,282 $363,686 $184,000 $179,686
2018 $5,391 $329,792 $157,542 $172,250
2017 $5,143 $331,004 $136,993 $194,011
2016 $4,017 $141,792 $0 $0
2015 $3,648 $128,902 $0 $0
2014 -- $117,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jesse Bailey

    Seller's Agent in 2025

    Jesse Bailey

    49 Units, LLC

    (561) 318-3337

    27 Total Sales

    Jesse Bailey
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Map

Florida Palm Beach County West Palm Beach 33401 Flamingo Park

518 Biscayne Dr Unit 1, West Palm Beach, FL

This home is located at 518 Biscayne Dr Unit 1, West Palm Beach, FL 33401 and is currently estimated at $1,192,511, approximately $1,445 per square foot. 518 Biscayne Dr Unit 1 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill 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.

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