721 51st St Unit 721 & 723 West Palm Beach, FL 33407
Northwood Legacy NeighborhoodEstimated payment $2,501/month
Total Views
1,618
--
Bed
--
Bath
840
Sq Ft
$488
Price per Sq Ft
Highlights
- Balcony
- Open Patio
- Central Heating
- Cooling Available
- Tile Flooring
- Ceiling Fan
About This Home
Don't miss this excellent investment opportunity! Whether you're a seasoned investor, or looking to expand your portfolio, this is a rare chance to secure a high-potential asset in a growth area. Some of the plumbing has been updated in 2023, New roof in 2020, Separate electrical meters, Screened tenants turn key, Three impact windows on 1st floor, Three miles away from the beach and I-95, and located in a federally designated Opportunity Zone offering significant tax advantages for investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,904
Year Built
- Built in 1926
Lot Details
- 5,227 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 840 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Tile Flooring
Outdoor Features
- Balcony
- Open Patio
Schools
- West Riviera Elementary School
- John F. Kennedy Middle School
- Palm Beach Lakes High School
Utilities
- Cooling Available
- Central Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434304080730320
Community Details
Overview
- 2 Units
- North Palm Bch 4 Subdivision
Building Details
- Operating Expense $9,404
- Net Operating Income $31,396
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,904 | $160,675 | -- | -- |
| 2023 | $3,746 | $146,068 | $75,444 | $121,775 |
| 2022 | $3,391 | $132,789 | $0 | $0 |
| 2021 | $3,017 | $120,717 | $32,200 | $88,517 |
| 2020 | $3,082 | $126,527 | $51,750 | $74,777 |
| 2019 | $2,829 | $109,699 | $46,000 | $63,699 |
| 2018 | $2,151 | $88,090 | $23,465 | $64,625 |
| 2017 | $1,935 | $76,975 | $12,350 | $64,625 |
| 2016 | $1,735 | $65,277 | $0 | $0 |
| 2015 | $1,618 | $59,343 | $0 | $0 |
| 2014 | $1,505 | $53,948 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $410,000 | -- | $488 / Sq Ft |
Source: BeachesMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | -- | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $43,000 | Fidelity Natl Title Fl Inc | |
| Trustee Deed | $25,800 | None Available | |
| Warranty Deed | $93,000 | Universal Land Title Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $39,000 | -- | |
| Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $108,800 | Unknown | |
| Previous Owner | $75,000 | Balloon | |
| Previous Owner | $35,000 | Balloon |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11104059
APN: 74-43-43-04-08-073-0320
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