NOT LISTED FOR SALE

817 5th St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $591,966 - $704,000

9 Beds
6 Baths
3,100 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $600,000 $194 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,596/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 4-minute walk to Alice Mickens Park
  • Central Heating and Cooling System

About This Home

As of August 2023

Triplex, Always Rented, 3 Total units. 1-3/2 unit 2-2/1, unit 3- 4/2, Tenants Pay their own water and Electric. Cash Cow. Please do not disturb tenants, Drive by only. We will arrange inspections once a contract is signed. 5 minutes to Tri rail station and Downtown West Palm Rents way below market

Last Agent to Sell the Property

Brian Calvert

LoKation License #0695796 Listed on: 05/01/2023

LoKation

Last Buyer's Agent

Brian Calvert

LoKation License #0695796 Listed on: 05/01/2023

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,321

Year Built

  • Built in 1987

Lot Details

  • 7,013

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 3 Units
  • Clows Add Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 74434321060100100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,321

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1987
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 3100.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Trash Collection
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 74434321060100100
  • Zoning Description: NWD-R-C1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9321.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 2, 2023
Sold by
Nkw Portfolio V Llc
Bought by
Invest Buyers Llc
Seller's Agent
Brian Calvert
LoKation
Buyer's Agent
Brian Calvert
LoKation
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Total Days on Market
7
Views
147
Current Estimated Value
$654,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,492
Avg. Annual Appreciation
4.95%
Original Mortgage
$441,900
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2021
Sold by
Nkw Portfolio I Llc
Bought by
Nkw Portfolio V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,128,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2015
Sold by
Nkw-Ebg Homes Llc
Bought by
Nkw Portfolio I Llc

Purchase Details

Closed on
Apr 22, 2015
Sold by
Ebg Homes Llc
Bought by
Nkw-Ebg Homes Llc

Purchase Details

Listed on
Dec 15, 2011
Closed on
Feb 12, 2013
Sold by
Simmons Susan
Bought by
Garcia Gabriel
Seller's Agent
Ivania Villavicencio
Florida Capital Realty
Buyer's Agent
Ivania Villavicencio
Florida Capital Realty
List Price
$160,000
Sold Price
$46,500
Premium/Discount to List
-$113,500
-70.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%
Original Mortgage
$48,000
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 10, 2003
Sold by
Simmons Jessie T and Simmons Susan
Bought by
Simmons Jessie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2001
Sold by
Joyce M Anderson I
Bought by
Simmons Jessie T
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
Invest Buyers Llc $600,000 None Listed On Document
Nkw Portfolio V Llc -- Os National Llc
Nkw Portfolio I Llc -- Attorney
Nkw-Ebg Homes Llc -- Attorney
Garcia Gabriel $46,500 Windmill Title Company
Simmons Jessie T $29,115 Universal Land Title Inc
Simmons Jessie T $2,600 --
Simmons Jessie T $2,600 --
Simmons Jessie T $2,600 --
Simmons Jessie T $2,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Invest Buyers Llc $562,500
Closed Invest Buyers Llc $441,900
Previous Owner Nkw Portfolio V Llc $7,128,000
Previous Owner Garcia Gabriel $48,000
Previous Owner Simmons Jessie T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $600,000 -7.7% $194 / Sq Ft
05/09/2023 05/09/23 For Sale $650,000 0.0% $210 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $650,000 +1297.8% $210 / Sq Ft
02/13/2013 02/13/13 Sold $46,500 -70.9% $15 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $160,000 -- $51 / 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 $11,065 $510,620 -- --
2023 $10,121 $455,072 $62,902 $413,275
2022 $9,321 $413,702 $0 $0
2021 $6,594 $354,085 $46,250 $307,835
2020 $5,723 $266,909 $40,700 $226,209
2019 $5,330 $245,141 $51,800 $193,341
2018 $4,815 $251,385 $36,950 $214,435
2017 $4,436 $233,026 $32,130 $200,896
2016 $3,710 $149,136 $0 $0
2015 $3,186 $108,900 $0 $0
2014 $2,813 $104,764 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Calvert

    LoKation

    (954) 678-7523

    1 in this area

    26 Total Sales

    Brian Calvert
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10378551

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-21-06-010-0100

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

817 5th St, West Palm Beach, FL

This home is located at 817 5th St, West Palm Beach, FL 33401 since 01 May 2023 and is currently estimated at $654,492, approximately $211 per square foot. This property was built in 1987. 817 5th St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community 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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