617 54th St, West Palm Beach, FL, 33407

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617 54th St, West Palm Beach$250,000

Buyer Closing Credits

$2,969^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Parking2+ Spaces, Driveway

Year Built1950

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontNone

MLS #RX-11022447

StatusAccepting Backup Offers
(Active Under Contract)

About 617 54th St

INVESTOR SPECIAL!!! This is a rare opportunity to purchase a true value-add renovation project. This property features a 2 bedroom, 1 bathroom main home, an attached studio apartment/guest unit, and a bonus storage building all on one parcel. Main home has undergone remediation of fire damage. Ready to be put back together. Great opportunity to fix & flip, rent out both units and hold, or live in the main house and rent out the studio apartment for extra income. Roof replaced in 2019. Impact windows & doorsBring all offers!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1950
• Stories: 1
• Living Area: 1,230 SqFt

Listing Office:

• Office Name: LPT Realty
• Office Phone: (877) 366-2213
• Listing Agent: Daniel DeMott

Interior Features

Interior Information:

• Appliances: Dryer, Washer
• Flooring Type: Tile
• Interior: Entry Lvl Lvng Area, Stack Bedrooms

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Parking: 2+ Spaces, Driveway

Virtual/3D Tour

• Virtual Tour: 617 54th St

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Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

Other

Directions Information:

• Directions: I-95 to 45th ST45th St East to BroadwayBroadway North to 54th St54th St west to Property

Price Information

Listing Price Info

Price Summary:

• List Price: $250,000
• Price Per SqFt: $203/SqFt

HOA Fees:

• Amount: $0
• Frequency: Monthly

Tax Information:

• Annual Amount: $3,040
• 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

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

617 54th St vs West Palm Beach

56 DAYS ON ROCKET

-16 Days

$250,000

-$145.6K Less

$203/SqFt

-$70 Less

KEY TAKEAWAY

This property is $145.6K less than the Median Sold Price and $70/SqFt less than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11022447

Listing Office:

• Office Name: LPT Realty
• Office Phone: (877) 366-2213
• Listing Agent: Daniel DeMott

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: 11/15/2024, 2:20:48 AM 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
Jul 18, 2019	Jul 18, 2019Home Sold	$235,000
Jun 27, 2000	Jun 27, 2000Home Sold	$92,000
Sep 08, 1997	Sep 08, 1997Home Sold	$31,300
Sep 05, 1997	Sep 05, 1997Home Sold	$31,300

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,040	$125,952
2019	$2,313	$91,921
2018	$1,753	$65,402
2017	$1,502	$59,456

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33407›617 54th St

This home is located at 617 54th St in West Palm Beach, FL and zip code 33407 in the Northwood Estates neighborhood. This 1,230 square foot home was built in 1950. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $250,000.

While more than 16 listings in West Palm Beach, FL in October 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 153 were sold below. The number of homes for sale in West Palm Beach, FL increased by 7.1% between September 2024 and October 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $395,666.

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