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5365 Cannon Way, West Palm Beach, FL 33415
Under Contract
21 Days on Market
1 / 29
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How this price compares

Asking price
$389,999
Price per sq ft
$265
Vs. nearby sales
15.3% below
Days on market
21

This 4-bedroom single-family home in Cannongate 4 went under contract with an asking price of $389,999, or $265 per square foot. It spent 21 days on the market before going under contract. The 3 most recent single-family home sales in the closings shown below sold at a median of $313 per square foot, so the asking price was 15.3% below what comparable homes here actually sold for.

4
Bedrooms
2
Bathrooms
1,469
Living Sq Ft
1982
Year Built

Estimated monthly payment

$2,050 /mo

Principal and interest only, based on $78,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$389,999
Days on Site
21 Days
Bedrooms
4
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,469 sqft
Total Sq Ft
1,469 sqft
Lot Size
0.1 Acres
Year Built
1982
Property Type
Single Family
MLS #
B26058426
Property Tax
$870 (2025)
HOA Fees
$102 / Quarterly
Subdivision
CANNONGATE 4
Development
CANNONGATE
County
Palm Beach
Status
Under Contract
Special Conditions
Standard

About This Property

Beautifully updated 4-bedroom, 2-bath home featuring a BRAND-NEW 2026 ROOF and an exceptionally LOW HOA ($30M). The updated kitchen offers granite countertops, while both bathrooms have been tastefully renovated with modern finishes. The flexible floor plan provides four bedrooms, offering additional space for family, guests, or a home office. Enjoy a spacious backyard overlooking the canal with a covered patio and storage shed, perfect for relaxing or entertaining. Ideally located just minutes from downtown, shopping, dining, beautiful beaches, and schools. With no rental restrictions, this property is an excellent opportunity for both homeowners and investors. Move-in ready and offering the perfect combination of comfort, convenience, and value! All information, including room count, measurements, and square footage, is deemed reliable but not guaranteed and should be independently verified by the buyer.

Virtual Tour

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1982
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Open
Direction Faces
East
Lot Size (Acres)
0.1
Living Sq Ft
1,469
Total Sq Ft
1,469
Sewer
Public Sewer
Water Source
Public
Zoning
RM

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ductless / Wall Window Units
Heating
Central / Electric
Flooring
Ceramic Tile / Tile
Interior Features
Dining Area / Separate Formal Dining Room / Kitchen Dining Combo / Separate Shower / Stacked Bedrooms
Laundry
Inside / Main Level / Laundry Room
Main Level Bedrooms
4
Main Level Baths
2
Total Rooms
7
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Concrete
Roof
Shingle
Exterior Features
Storage
Lot Features
Less Than Quarter Acre
Waterfront
Yes
Waterfront Features
Canal Access / Canal Front
View
Canal / Water

Community & HOA

HOA Fee
$102 / Quarterly
HOA Name
CANNONGATE PROPERTY OWNERS ASSOCIATION, INC.
HOA Includes
Common Areas
Association Amenities
Sidewalks
Community Features
Home Owners Association / Street Lights
Utilities
Cable Available / Electricity Available / Sewer Connected / Water Connected
Pets Allowed
Size Limit / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Buyer Approval Required / Ok To Lease / See Remarks
MLS Area
5510

Schools

Elementary School
Melaleuca
Middle School
Okeeheelee
High School
John I. Leonard
Homes for Sale
0
How do I schedule a tour of 5365 Cannon Way, West Palm Beach, FL 33415?
Use the Tour button on this listing to request a showing of 5365 Cannon Way, West Palm Beach, FL 33415. 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 5365 Cannon Way, West Palm Beach, FL 33415 still available?
5365 Cannon Way, West Palm Beach, FL 33415 is currently listed as Under Contract, and has been on the market 21 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 5365 Cannon Way, West Palm Beach, FL 33415?
With 20% down ($78,000) on the $389,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5365 Cannon Way, West Palm Beach, FL 33415 is about $2,050/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5365 Cannon Way, West Palm Beach, FL 33415?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5365 Cannon Way, West Palm Beach, FL 33415. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5365 Cannon Way, West Palm Beach, FL 33415 have an HOA fee?
Yes: 5365 Cannon Way, West Palm Beach, FL 33415 carries an HOA fee of about $102 quarterly (CANNONGATE PROPERTY OWNERS ASSOCIATION, INC.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5365 Cannon Way, West Palm Beach, FL 33415?
5365 Cannon Way, West Palm Beach, FL 33415 is zoned for Melaleuca (elementary), Okeeheelee (middle), John I. Leonard (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 5365 Cannon Way, West Palm Beach, FL 33415?
Often, yes. The right offer on 5365 Cannon Way, West Palm Beach, FL 33415 depends on how it's priced against comparable single 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 Luxe IQ Group

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 August 1, 2026.

$389,999

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Listed by Jessica Smith, Luxe IQ Group

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