2 months on rocket

261 Summa St, West Palm Beach, FL, 33405

$1,295,000

0.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #RX-11026857
Lot Size0.17 Acres
StatusActive

About 261 Summa St

Great location for new construction on one of the Southend neighborhood's favorite streets! This 72' x 100' property is on Summa Street and this block is blossoming with new construction projects and everyone loves the little inland beach at the end of the street on the Intracoastal Waterway. Owner has prepared CAD drawings for a two story modern home to be built here but the possibilities are endless as there are no historic restrictions here. Property is being sold as a lot, but there is an existing structure here that will need to be taken down prior to new construction. Since the property is being sold for land value, the seller has requested no interior viewings of the existing home without a signed contract.

Property Details

Property Features

Listing Office:

  • Office Name: Kiely Real Estate, LLC
  • Office Phone: (561) 655-1300
  • Listing Agent: Jefferson Kiely

Virtual/3D Tour

  • Virtual Tour: 261 Summa St
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Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: From 95, take the Forest Hill Boulevard exit. East on Forest Hill to S. Olive Avenue. Right (south) on Olive to Summa Street. Left (east) on Summa. 261 Summa is on the corner on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000

Tax Information:

  • Annual Amount: $7,988
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

261 Summa St vs West Palm Beach

73 DAYS ON ROCKET

+4 Days

$1,295,000

+$895.5K More

KEY TAKEAWAY

This property is $895.5K more than the Median Sold Price in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11026857

Listing Office:

  • Office Name: Kiely Real Estate, LLC
  • Office Phone: (561) 655-1300
  • Listing Agent: Jefferson Kiely

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2020Home Sold
$452,000
May 14, 2010Home Sold
$225,000
Apr 14, 2009Home Sold
$147,000
Nov 28, 2005Home Sold
$419,000
May 15, 2002Home Sold
$178,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,988$363,483
2019$7,237$313,984
2018$6,591$289,687
2017$6,166$263,352

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4266008
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-4266009
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 1.04 miles

  • Public Magnet Grades PK-5

school-card-donut-4266010
8
/10
  • Meadow Park Elementary School

  • 956 S Florida Mango Rd

  • 1.86 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,710. Most West Palm Beach, FL residents have annual incomes between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 261 Summa St

What is the listing price of this property?

The listing price of 261 Summa St property is $1,295,000.

What type of property is this?

The property 261 Summa St is land located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 261 Summa St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,988 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 19, 2020 for $452,000. (source: MLS/tax record).

How much acreage is this property?

The property 261 Summa St is 0.17 acres.
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Rocket HomesFloridaPalm Beach CountyWest Palm Beach33405261 Summa St

This home is located at 261 Summa St in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $1,295,000.

While more than 17 listings in West Palm Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 146 were sold below. The number of listings in West Palm Beach, FL increased by 11.1% between October 2024 and November 2024. Listings spent 69 days on the market in November 2024, and had a median list price of $399,465 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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