NOT LISTED FOR SALE

5903 Papaya Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $427,185 - $572,000

-- Bed
2 Baths
1,728 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $260,000 $150 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,161/month

57 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2019

Two Identical Units = Two bedrooms and One Bathroom. Front Unit is rented for $950 and Back unit is rented for $1000. Water Included in Rent. Separate Electric. Septic Tank. Roof 2001. Each unit has enough parking for up to 4 cars. NO HOA approvals needed. Plenty of green areas in front and back of each unit. If you are looking for a stable Income Producing Property - YOU FOUND IT. Less than one mile from Turnpike, and Next to Liberty Airport Center Commercial Development. Closest intersection is Southern and Jog Rd.

Last Agent to Sell the Property

Dannaliz Proenza

Realty 100 License #3341638 Listed on: 02/11/2019

Realty 100

Last Buyer's Agent

Lisa Ruiz

Realty OF America License #3342741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1974 | Newly Remodeled

Lot Details

  • 9,365

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • Royal Palm Estates Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 00424335130290132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,851

Year Built

Built in 1974 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Use GPS
  • Year Built: 1974
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1728.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Lot Info

  • Parcel #: 00424335130290132
  • Zoning Description: RM

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2851.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
May 10, 2019
Sold by
Ramadhar Shamiza
Bought by
Marrero Jaime
Seller's Agent
Dannaliz Proenza
Realty 100
Buyer's Agent
Lisa Ruiz
Realty OF America
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Current Estimated Value
$508,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,796
Avg. Annual Appreciation
10.19%
Original Mortgage
$255,290
Outstanding Balance
$226,399
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$255,067

Purchase Details

Closed on
Apr 15, 2005
Sold by
Lopez Ivan D
Bought by
Ramadhar Shamiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 1997
Sold by
Principal Mutual Life Ins Co
Bought by
Lopez Ivan D

Purchase Details

Closed on
Mar 21, 1997
Sold by
Clerk Of The Circuit Court
Bought by
Principal Mutual Life Insurance Com
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
Marrero Jaime $260,000 Landmark Title Of Fl Inc
Ramadhar Shamiza $267,000 --
Lopez Ivan D $55,000 --
Principal Mutual Life Insurance Com $58,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero Jaime $255,290
Previous Owner Ramadhar Shamiza $213,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $260,000 -3.3% $150 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $269,000 -- $156 / 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 $4,915 $100,992 -- --
2023 $4,720 $98,050 $0 $0
2022 $4,672 $95,194 $0 $0
2021 $3,534 $92,421 $0 $0
2020 $5,525 $201,895 $0 $0
2019 $3,645 $202,486 $88,000 $114,486
2018 $3,183 $180,066 $77,963 $102,103
2017 $2,851 $154,078 $51,975 $102,103
2016 $2,617 $103,656 $0 $0
2015 $2,464 $94,233 $0 $0
2014 $2,335 $85,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dannaliz Proenza

    Realty 100

    (561) 777-2848

    13 Total Sales

    Dannaliz Proenza
    Section Image
  • Lisa Ruiz

    Buyer's Agent in 2019

    Lisa Ruiz

    Realty OF America

    (561) 469-7422

    49 Total Sales

    Lisa Ruiz
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10162394

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-35-13-029-0132

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5903 Papaya Rd, West Palm Beach, FL

This home is located at 5903 Papaya Rd, West Palm Beach, FL 33413 since 11 February 2019 and is currently estimated at $508,796, approximately $294 per square foot. This property was built in 1974. 5903 Papaya 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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