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$425,000

Beds
2
Baths
1.0
sq ft
1,060

518 55th St, West Palm Beach, FL 33407

518 55th St

West Palm Beach, FL 33407

  • 227 days on market
    • Price drop $24,000↓
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.

Details

Property type

Single Family Residence

Est. home value

$343,748

Lot size

5,100 sq ft

Price per sq ft

$401

Year built

1957

Annual property taxes

$6,882

Price History

06/10/2024
Beaches

Beaches #R10976303

Price change
$425,000
-5.35%
04/09/2024
Beaches

Beaches #R10976303

Listed
$449,000
+76.08%
10/01/2021
Beaches

Beaches #F10296027

Sold
$255,000
+38.96%

Schools & Community

Neighborhood: 

Northwood Harbor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Bank

Loan start date

October 2021

Original loan amount

$204,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Commercial

Seller

Brandon Solomon and Joseph Abruzzo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 6:05 AM

Listing updated: 09/30/2024 at 5:12 PM

Listed by: Brandon Solomon, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R10976303

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