645 32nd St West Palm Beach, FL 33407
Northwood Pines Neighborhood
--
Bed
--
Bath
1,554
Sq Ft
6,995
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Central Heating
- Wood Siding
- Tile Flooring
About This Home
As of June 2025Investors opportunity is knocking at the door. This property features three fully leased units on flexible month-to-month terms, offering a fantastic cash flow opportunity. Located in the vibrant heart of West Palm Beach, it's just minutes from downtown, the railway station, the supermarket, and top-rated schools. This prime location ensures convenience and strong returns.
Last Agent to Sell the Property
Continental Properties, Inc. License #3346934 Listed on: 01/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,428
Year Built
- Built in 1952
Lot Details
- 6,995 Sq Ft Lot
Home Design
- Triplex
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
- Tile Flooring
Schools
- Northmore Elementary School
- Roosevelt Community Middle School
- Palm Beach Lakes High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 74434309050400150
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Northwood Add Subdivision
Building Details
- Operating Expense $11,627
- Net Operating Income $47,173
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Jun 25, 2025
Sold by
Executive Abby Llc
Bought by
Delva Phenise G and Petion Pierre A
Seller's Agent
Shakir Ahmed
Continental Properties, Inc.
Buyer's Agent
Ozelin Sanon
Highlight Realty Corp/LW
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
199.45%
Original Mortgage
$474,663
Outstanding Balance
$474,663
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$111,195
Purchase Details
Listed on
Sep 6, 2013
Closed on
Jun 13, 2014
Sold by
Fannie Mae
Bought by
Executive Abby Llc
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Brian Holden
Agent Group Realty
List Price
$115,000
Sold Price
$77,000
Premium/Discount to List
-$38,000
-33.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%
Purchase Details
Closed on
Feb 10, 2014
Sold by
Lawrence Cathy A and Lawrence Edward
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 25, 2013
Sold by
Lawrence Cathy and Lawrence Edward
Bought by
Chase Home Finance Llc
Purchase Details
Closed on
Oct 24, 2002
Sold by
Bornhorst Michael and Bornhorst Kelli
Bought by
Lawrence Edward and Lawrence Cathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.01%
Purchase Details
Closed on
Jun 9, 1999
Sold by
Florida Housing Authority Inc
Bought by
Bornhorst Michael and Bornhorst Kelli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 1999
Sold by
Rostob Inc
Bought by
Florida Housing Authority Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.85%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 30, 1993
Sold by
Koch Cordell W and Koch Linda R
Bought by
Rostob Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.09%
Similar Home in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | None Listed On Document | |
| Warranty Deed | $525,000 | None Listed On Document | |
| Special Warranty Deed | $77,000 | Attorney | |
| Trustee Deed | -- | Attorney | |
| Trustee Deed | $34,700 | None Available | |
| Warranty Deed | $75,000 | Flagler Title Company | |
| Warranty Deed | $83,000 | -- | |
| Warranty Deed | $42,000 | -- | |
| Warranty Deed | $37,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $474,663 | FHA | |
| Closed | $474,663 | FHA | |
| Previous Owner | $194,700 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $74,700 | New Conventional | |
| Previous Owner | $38,000 | Balloon | |
| Previous Owner | $32,500 | No Value Available | |
| Closed | $8,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Sold | $525,000 | -12.4% | $338 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $599,000 | +677.9% | $385 / Sq Ft |
| 06/17/2014 06/17/14 | Sold | $77,000 | -33.0% | $50 / Sq Ft |
| 05/18/2014 05/18/14 | Pending | -- | -- | -- |
| 09/06/2013 09/06/13 | For Sale | $115,000 | -- | $74 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,428 | $152,000 | -- | -- |
| 2023 | $4,078 | $138,182 | $94,810 | $171,090 |
| 2022 | $3,615 | $125,620 | $0 | $0 |
| 2021 | $3,283 | $173,527 | $34,500 | $139,027 |
| 2020 | $3,055 | $158,630 | $34,500 | $124,130 |
| 2019 | $2,873 | $148,054 | $32,200 | $115,854 |
| 2018 | $2,219 | $95,990 | $23,280 | $72,710 |
| 2017 | $2,013 | $86,194 | $17,908 | $68,286 |
| 2016 | $1,898 | $70,909 | $0 | $0 |
| 2015 | $1,730 | $64,463 | $0 | $0 |
| 2014 | -- | $62,437 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Shakir Ahmed
Continental Properties, Inc.
-
O
Buyer's Agent in 2025
Ozelin Sanon
Highlight Realty Corp/LW
-
J
Seller's Agent in 2014
Jean Marseille
Legacy Realty & Development
-
B
Buyer's Agent in 2014
Brian Holden
Agent Group Realty
Map
Source: BeachesMLS
MLS Number: R11057155
APN: 74-43-43-09-05-040-0150
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