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5840 Banana Road, West Palm Beach, FL 33413
Under Contract
7 Days on Market
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$400,000

5840 Banana Road

West Palm Beach, FL 33413

ROYAL PALM ESTATES

Explore the area: West Palm Beach homes for sale · Palm Beach County real estate

How this price compares

Asking price
$400,000
Price per sq ft
$356
Vs. nearby sales
51.5% above
Days on market
7

This 3-bedroom single-family home in ZIP 33413 went under contract with an asking price of $400,000, or $356 per square foot. It spent 7 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $235 per square foot, so the asking price was 51.5% above what comparable homes here actually sold for.

3
Bedrooms
1
Bathrooms
1,124
Living Sq Ft
1960
Year Built

Estimated monthly payment

$2,102 /mo

Principal and interest only, based on $80,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$400,000
Days on Site
7 Days
Bedrooms
3
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
1,124 sqft
Total Sq Ft
1,448 sqft
Lot Size
0.2 Acres
Year Built
1960
Property Type
Single Family
MLS #
R11028564
Property Tax
$979 (2023)
Subdivision
ROYAL PALM ESTATES
County
Palm Beach
Status
Under Contract

About This Property

Renovated Concrete Block Single Family 3 Bedroom House in Great Neighborhood Close To Everything. New AC Unit & Ducts, New Water Heater, Stainless Appliances with New Granite Kitchen Counters, New Vinyl Plank Waterproof & Scratch Proof Flooring and Baseboard throughout, Freshly Painted Inside and Out, Updated Bathroom with New Tile, Many Updates & Upgrades to many to list, Must See... Low Property Taxes, Bring Offers, Act Fast this home won't last long on the market...

Virtual Tour

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1960
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Direction Faces
North
Lot Size (Acres)
0.2
Living Sq Ft
1,124
Total Sq Ft
1,448
Sewer
Public Sewer / Septic Tank
Water Source
Public
Zoning
RM

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater
Cooling
Central Air
Heating
Central / Individual
Flooring
Other / Vinyl / Wood
Interior Features
None / Split Bedrooms
Windows
Blinds
Main Level Bedrooms
3
Main Level Baths
1
Furnished
Unfurnished

Exterior Features

Construction
Concrete
Exterior Features
Outdoor Living Area
Architectural Style
Traditional
Patio & Porch
Covered / Patio
Lot Features
Less Than Quarter Acre
Waterfront Features
None
View
Other

Community & HOA

Association Amenities
None
Security
None
Utilities
Sewer Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
5500

West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.

Homes for Sale
2,283
Median List Price
$315,000
Median $/Sq Ft
$245
Avg Days on Market
120
View all 2,283 homes for sale in West Palm Beach →
How do I schedule a tour of 5840 Banana Road, West Palm Beach, FL 33413?
Use the Tour button on this listing to request a showing of 5840 Banana Road, West Palm Beach, FL 33413. 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 5840 Banana Road, West Palm Beach, FL 33413 still available?
5840 Banana Road, West Palm Beach, FL 33413 is currently listed as Under Contract, and has been on the market 7 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 5840 Banana Road, West Palm Beach, FL 33413?
With 20% down ($80,000) on the $400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5840 Banana Road, West Palm Beach, FL 33413 is about $2,102/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 5840 Banana Road, West Palm Beach, FL 33413?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5840 Banana Road, West Palm Beach, FL 33413. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 5840 Banana Road, West Palm Beach, FL 33413?
Often, yes. The right offer on 5840 Banana Road, West Palm Beach, FL 33413 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 Palm Beachers Realty LLC

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.

$400,000

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Listed by Jeffery D Green, Palm Beachers Realty LLC

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