$550,000
Sold · April 3, 2026
523 48th Street
West Palm Beach, FL 33407
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $550,000
- Vs. list price
- 6.8% under
- Days on market
- 307
- Price per sq ft
- $387
This multi-family property in North Palm Bch 1 sold for $550,000 on April 3, 2026. That was 6.8% below its final list price of $590,000. It first came on the market at $595,000, so the price was adjusted before it sold. It spent 307 days on the market.
Listing Snapshot
- Sold Price
- $550,000
- Sold On
- April 3, 2026
- Days on Site
- 307 Days
- Bedrooms
- 0
- Total Baths
- 3
- Living Area
- 1,421 sqft
- Total Sq Ft
- 2,289 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 1948
- Property Type
- Multi-Family
- MLS #
- R11080923
- Property Tax
- $6,286 (2024)
- Subdivision
- NORTH PALM BCH 1
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area. The property is currently being updated to be fully turn-key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler Street and only minutes from the vibrant downtown district. With its prime location and strong upside potential, this is a rare opportunity to secure a solid asset in a growing market. Don't miss out — schedule your showing today and explore everything this triplex has to offer. Don't miss out schedule your showing today and uncover the possibilities this triplex has to offer!
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1948
- Property Condition
- Resale
- Levels
- One
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 1,421
- Total Sq Ft
- 2,289
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF7(ci
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Central / Wall Furnace
- Flooring
- Other
Exterior Features
- Construction
- Block / Frame
- Roof
- Composition
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Association Amenities
- None
- Utilities
- Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 5420
Schools
- Elementary School
- Northmore
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- Palm Beach Lakes
About the Community
- Homes for Sale
- 25
- Under Contract
- 8
- Median List Price
- $949,000
- Median Sale Price (September)
- $470,000
- Median $/Sq Ft
- $605
- Avg Days on Market
- 89
Frequently Asked Questions
- How do I schedule a tour of 523 48th Street, West Palm Beach, FL 33407?
- Use the Tour button on this listing to request a showing of 523 48th Street, West Palm Beach, FL 33407. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 523 48th Street, West Palm Beach, FL 33407 still available?
- 523 48th Street, West Palm Beach, FL 33407 is currently listed as Sold, and has been on the market 307 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 523 48th Street, West Palm Beach, FL 33407?
- With 20% down ($118,000) on the $590,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 523 48th Street, West Palm Beach, FL 33407 is about $3,101/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 523 48th Street, West Palm Beach, FL 33407?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 523 48th Street, West Palm Beach, FL 33407. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 523 48th Street, West Palm Beach, FL 33407?
- 523 48th Street, West Palm Beach, FL 33407 is zoned for Northmore (elementary), John F. Kennedy (Palm Beach) (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 523 48th Street, West Palm Beach, FL 33407?
- Often, yes. The right offer on 523 48th Street, West Palm Beach, FL 33407 depends on how it's priced against comparable multi-family sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Tropical Springs Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$550,000
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Listed by Anthony J Nastase, Tropical Springs Realty
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Recent Sales
Recently sold homes in North Palm Bch 1
These are the last 6 recorded closings in North Palm Bch 1, with the price each home actually sold for rather than what it was listed at. They closed at a median of $335 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$470,000
Sold · September 23, 2026
638 50TH Street
0 bed · 0 bath · 1,952 sqft · $241/sqft
$40,000 under the asking price
Sold$3,895,000
Sold · September 15, 2026
4714 N Flagler Drive 1202
3 bed · 3.5 bath · 1,866 sqft · $2,087/sqft
Sold$442,200
Sold · September 9, 2026
427 58th Street
3 bed · 1 bath · 1,320 sqft · $335/sqft
$6,800 under the asking price
Sold$290,000
Sold · September 3, 2026
628 55th Street
3 bed · 2 bath · 933 sqft · $311/sqft
Sold$740,000
Sold · September 2, 2026
527 48th Street
0 bed · 0 bath · 2,072 sqft · $357/sqft
$20,000 under the asking price
Sold$292,650
Sold · August 21, 2026
710 52nd Street
3 bed · 1 bath · 1,020 sqft · $287/sqft
$2,350 under the asking price
See every recorded sale in North Palm Bch 1 or find out what your North Palm Bch 1 home is worth.
