518 55th St, West Palm Beach, FL, 33407

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518 55th St, West Palm Beach$425,000

Buyer Closing Credits

$5,047^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Parking2+ Spaces, Carport - Attached, Driveway, RV/Boat

Year Built1957

HeatingCentral

CoolingCeiling Fan(s), Central Air

WaterfrontNone

MLS #RX-10976303

StatusActive

About 518 55th St

Welcome to your newly renovated oasis in the heart of West Palm Beach! Located at 518 55th St, this charming 2-bedroom, 1-bathroom cottage offers the perfect blend of modern comfort and convenient location.Step inside and be greeted by a beautifully updated interior boasting new finishes and an abundance of natural light. The spacious living area provides the ideal setting for relaxation or entertainment, while the adjoining kitchen features sleek countertops, stainless steel appliances, and ample cabinet space for all your culinary needs.Both bedrooms offer cozy retreats, complete with ample closet space and serene ambiance for a restful night's sleep. The stylishly appointed bathroom showcases chic fixtures and a refreshing atmosphere.

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Property Details

Property Features

Property Information:

• Architectural Style: Mid Century
• Year Built: 1957
• Stories: 1
• Living Area: 1,060 SqFt

Listing Office:

• Office Name: Douglas Elliman (Palm Beach)
• Office Phone: (561) 655-8600
• Listing Agent: Brandon Solomon

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Electric Range, Refrigerator, Washer, Electric Water Heater
• Flooring Type: Tile
• Interior: Entry Lvl Lvng Area

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• Exterior: Auto Sprinkler, Covered Patio, Custom Lighting, Fence, Room for Pool

Parking Information:

• Parking: 2+ Spaces, Carport - Attached, Driveway, RV/Boat

Virtual/3D Tour

• Virtual Tour: 518 55th St

Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: Flagler to 55th street, west to the home on the south side

Price Information

Listing Price Info

Price Summary:

• List Price: $425,000
• Price Per SqFt: $401/SqFt

Tax Information:

• Annual Amount: $3,511
• Tax Year: 2020

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Housing Market Comparison

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

West Palm Beach, FL

City

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

518 55th St vs West Palm Beach

239 DAYS ON ROCKET

+170 Days

$425,000

+$25.5K More

$401/SqFt

+$127 More

KEY TAKEAWAY

This property is $25.5K more than the Median Sold Price and $127/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-10976303

Listing Office:

• Office Name: Douglas Elliman (Palm Beach)
• Office Phone: (561) 655-8600
• Listing Agent: Brandon Solomon

All 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: 12/4/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 10, 2016	Nov 10, 2016Home Sold	$183,500
May 16, 2016	May 16, 2016Home Sold	$157,500
Feb 17, 2015	Feb 17, 2015Home Sold	$63,000
May 18, 2006	May 18, 2006Home Sold	$208,000
Mar 19, 2002	Mar 19, 2002Home Sold	$71,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,511	$160,305
2019	$3,123	$128,468
2018	$3,239	$139,321
2017	$1,775	$114,179

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33407›518 55th St

This home is located at 518 55th St in West Palm Beach, FL and zip code 33407 in the Northwood Harbor neighborhood. This 1,060 square foot home was built in 1957. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $425,000.

In November 2024 more than 17 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in West Palm Beach, FL between October 2024 and November 2024 increased by 11.1%. The median list price of listings available in November 2024 was $399,465, while the average time on the real estate market was 69 days.

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