NOT LISTED FOR SALE

5702 Banana Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $345,000 - $475,000

2 Beds
1.5 Baths
1,109 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $360,000 $325 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,467/month

43 Days on Market

Highlights

  • Fruit Trees
  • Patio
  • Central Heating and Cooling System
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • 5-minute walk to Caroline Park

About This Home

As of February 2023

great investment opportunity or permanent residence! Come see this beautiful renovated 2-bedroom, 1-1/2-bathroom home with Florida room option to convert it into third room, and a beautiful back yard with beautiful fruit trees mangoes and avocados. Lots of upgrades, stainless steel appliances, new kitchen, new bathrooms, new floors. Located just minutes away from downtown west Palm Beach, the beautiful beaches in the East and minutes away from South Florida Fair Ground and Lyon Country Safari and 7 minutes from the WPB International Airport. Closing COST CONTRIBUTION BY SELLER $10,000 and another Closing cost contribution by preferred lender $2,500.

Last Agent to Sell the Property

jober rivera

Partnership Realty Inc. License #3428823 Listed on: 01/02/2023

Last Buyer's Agent

Marc Kerschner

RE/MAX Prestige Realty/Wellington License #3212191

RE/MAX Prestige Realty/Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1974

Lot Details

  • 6,250 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Fruit Trees
  • Property is zoned RM

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Shingle Roof
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 1,109 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Royal Palm Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424335110160050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I95 Exit on Southern Boulevard and go West and right to property address. From the Turnpike Exit on Southern and Go East and make a Left to property address.
  • Year Built: 1974
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1109.0
  • Dining Room Type: Florida Room

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: None, Other
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle, Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 00424335110160050
  • Lot Size Sq Ft: 6250.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 15, 2023
Sold by
Silvert Investments Llc
Bought by
Garcia Deliner S and Carrasco Lidia N
Seller's Agent
jober rivera
Partnership Realty Inc.
Buyer's Agent
Marc Kerschner
RE/MAX Prestige Realty/Wellington
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Views
35
Current Estimated Value
$402,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,456
Avg. Annual Appreciation
4.31%
Original Mortgage
$353,479
Outstanding Balance
$342,388
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$60,068

Purchase Details

Closed on
Oct 14, 2022
Sold by
Valdes Juan Francisco Romero
Bought by
Silvert Investments Llc

Purchase Details

Closed on
Jun 12, 2014
Sold by
Aleman Pastor F Romero
Bought by
Romero Valdes Juan Francisco
Source: Public Records

Range of Values:

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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
Garcia Deliner S $360,000 Cla Title & Escrow
Silvert Investments Llc $220,000 Giannell Title
Romero Valdes Juan Francisco -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Deliner S $353,479
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $360,000 -2.4% $325 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $369,000 -- $333 / 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 $3,895 $246,584 -- --
2023 $4,439 $238,782 $114,000 $124,782
2022 $1,565 $102,643 $0 $0
2021 $1,514 $99,653 $0 $0
2020 $1,488 $98,277 $0 $0
2019 $1,466 $96,067 $0 $0
2018 $1,361 $94,276 $0 $0
2017 $1,300 $92,337 $0 $0
2016 $1,290 $90,438 $0 $0
2015 $1,311 $89,809 $0 $0
2014 $1,786 $74,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2023

    jober rivera

    Partnership Realty Inc.

    (857) 498-0124

    1 in this area

    35 Total Sales

    jober rivera
    Section Image
  • Marc Kerschner

    Buyer's Agent in 2023

    Marc Kerschner

    RE/MAX

    (561) 596-3735

    1 in this area

    32 Total Sales

    Marc Kerschner
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10361536

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-35-11-016-0050

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5702 Banana Rd, West Palm Beach, FL

This home is located at 5702 Banana Rd, West Palm Beach, FL 33413 since 02 January 2023 and is currently estimated at $402,456, approximately $362 per square foot. This property was built in 1974. 5702 Banana Rd is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach 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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