437 Monroe Dr, West Palm Beach, FL, 33405

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

437 Monroe Dr, West Palm Beach$550,000

Buyer Closing Credits

$6,531^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Parking2+ Spaces, Garage - Detached, Street

Garage1 space

Year Built1925

HeatingCentral

CoolingCeiling Fan(s), Electric

WaterfrontNone

ViewGarden

MLS #RX-11048598

StatusActive

About 437 Monroe Dr

Opportunity Knocks! A Dream Property in Vibrant West Palm BeachLocated in one of West Palm Beach's most desirable neighborhoods, this Cape Cod-inspired property offers an exceptional lifestyle and incredible value. Just steps from the famed Antique Row and minutes from downtown, this fully fenced tropical retreat boasts charm, versatility, and income potential.Situated on a beautifully landscaped lot, this home features a welcoming wraparound porch, a 1-car garage, and a thoughtfully designed paver brick driveway. Inside, the main house offers 3 bedrooms and 1 bathroom on the main floor, complemented by a loft perfect for an office or additional bedroom. A separate exterior entrance leads to an upstairs apartment, ideal for multi-generational living or accommodating guests,

View More

Property Details

Property Features

Property Information:

• Year Built: 1925
• Stories: 2
• Living Area: 1,488 SqFt

Listing Office:

• Office Name: Heritage International Realty
• Office Phone: (561) 510-6840
• Listing Agent: James Christopher Hoffman
• Agent Phone: (561) 282-8937

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Gas Water Heater
• Flooring Type: Carpet, Tile
• Interior: Entry Lvl Lvng Area, Foyer, Upstairs Living Area

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 5

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Garden
• Exterior: Auto Sprinkler, Deck, Extra Building, Fence, Open Porch, Wrap Porch

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: 2+ Spaces, Garage - Detached, Street

Virtual/3D Tour

• Virtual Tour: 437 Monroe Dr

Virtual Tour

Utilities

Utilities Information:

• Heating: Central
• Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

• Directions: Dixie hwy to Monroe. Head west to property on North side of road.

Price Information

Listing Price Info

Price Summary:

• List Price: $550,000
• Price Per SqFt: $370/SqFt

Tax Information:

• Annual Amount: $936
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

West Palm Beach, FL

City

Med. Sold Price

$402K

Med. Price/SqFt

$274

Avg. Days On Market

65

# of Sold Homes

209

437 Monroe Dr vs West Palm Beach

3 DAYS ON ROCKET

-62 Days

$550,000

+$147.9K More

$370/SqFt

+$95 More

KEY TAKEAWAY

This property is $147.9K more than the Median Sold Price and $95/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11048598

Listing Office:

• Office Name: Heritage International Realty
• Office Phone: (561) 510-6840
• Listing Agent: James Christopher Hoffman
• Agent Phone: (561) 282-8937

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 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: 1/6/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jan 05, 1999	Jan 05, 1999Home Sold	$40,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$936	$66,186
2019	$934	$64,698
2018	$854	$63,492
2017	$828	$62,186

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,813

Per Month

Principal & Interest

$2,746

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›437 Monroe Dr

This home is located at 437 Monroe Dr in West Palm Beach, FL and zip code 33405 in the Prospect Heights neighborhood. This 1,488 square foot home was built in 1925. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $550,000.

West Palm Beach, FL housing market in December 2024 saw over 15 listings sold above listed price, more than 31 sold at listed price and over 163 sold below. Between November 2024 and December 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 7.6%. In December 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $402,081.

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