721 51st St Unit 721 & 723 West Palm Beach, FL 33407
Northwood Legacy NeighborhoodEstimated payment $2,601/month
--
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. Updated plumbing 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.
Open House Schedule
-
Sunday, July 13, 20252:00 to 4:00 pm7/13/2025 2:00:00 PM +00:007/13/2025 4:00:00 PM +00:00Add to Calendar
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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