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$518,000

Beds
2
Baths
2.0
sq ft
1,056

5801 Garden Ave, West Palm Beach, FL 33405

5801 Garden Ave

West Palm Beach, FL 33405

  • 7 days on market
    • Open house Apr 04
Nestled in the heart of West Palm Beach, this charming 2-bed, 2-bath cottage-style home blends modern convenience with historic charm. Fully renovated, this corner lot property sits between Key West-style bungalows and Spanish Mission homes, offering a true South Florida vibe. The open floor plan is perfect for comfortable living, while the updated kitchen and baths add a touch of luxury. A carport provides covered parking, and the lush yard enhances the outdoor space with room to expand and build a pool. Just minutes from downtown WPB, beaches, the airport, antique row & design district, and top dining and shopping, this home is ideal for first-time buyers, a cozy retreat or a high demand Airbnb. Experience the perfect mix of history, style, and location in this sought-after neighborhood!

Details

Property type

Single Family Residence

Est. home value

$389,963

Lot size

6,413 sq ft

Price per sq ft

$491

Year built

1948

Annual property taxes

$6,260

Price History

03/24/2025
Beaches

Beaches #F10494136

Listed
$518,000
+40%
09/08/2022
Beaches

Beaches #R10818807

Sold
$370,000
+29.37%
07/23/2021
Beaches

Beaches #R10718807

Sold
$286,000
+30%

Schools & Community

Neighborhood: 

Parker Ridge

Elementary school: 

Palmetto (Palm Beach)

Middle school: 

Conniston Community

High school: 

Forest Hill

Community features: 

Park, Street Lights, Sidewalks

Negotiation Insights

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

Seller could get up to

$126,945
Asking price
$518,000
Closing costs (~8% of asking)
-$41,440
Est. remaining loan balance
-$349,615
Cash to seller
$126,945

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

August 2022

Original loan amount

$363,298

Est. remaining balance

$349,615

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Angela Lara and Jose Andres Gomez

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?

Status: Active

Tomo last checked: 03/31/2025 at 10:15 AM

Listing updated: 03/31/2025 at 9:56 AM

Listed by: Maria Bloemendaal PA, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: Beaches #F10494136

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