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$55,000 -$5,000 (-8.33%) Price Reduced
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Property Description
Excellent investment opportunity in South Bay, located in the western region of Palm Beach County near Lake Okeechobee. This 0.16-acre vacant lot is zoned Multiple Family Dwelling, offering strong potential for duplex or small multifamily development (subject to city approval). With approximately 6,969 sq ft, the property provides a great opportunity for investors or developers looking to build income-producing rental units in an area with consistent demand for affordable housing. Conveniently located near local schools, services, and main roadways, with easy access to neighboring communities such as Belle Glade and Pahokee. Whether you are planning a long-term rental investment or a small residential development, this parcel offers flexible zoning, low holding costs, and solid potential in the growing Glades area.
Full Property Details
Full Property Details for 205 SE 1st Ave
General
- Price: $55,000
- Taxes: $522 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11980895
- Updated: 3/13/2026
- Added to Site: 6 day(s) ago
Location
- Area: South Bay
- County: Palm Beach County
- Subdivision: SOUTH BAY
- Building Name: SOUTH BAY
- Direction Faces: West
Community
- Community Name: South Bay
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Features: No Misc/Improvements
- Development Status: Undeveloped
- Trees/Vegetation: Partially Wooded
- Zoning: R2 (city
Financial Considerations
- Tax Amount: $522
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: SOUTH BAY AMENDED N 58 FT OF SLY 410.62 FT OF WLY 124.15 FT OF TR 15 LYG E OF & ADJ TO L-20 CNL R/W
- Property ID: 58364414151500090
Listed by Realty 100
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Schools
Schools serving 205 SE 1st Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Rosenwald Elementary School 1321 Doctor Martin Luther King Junior Boulevard, South Bay, FL 33493 | K-5 | 0.8 mi |
Lake Shore Middle School, Belle Glade, FL 425 West Canal Street North, Belle Glade, FL 33430 | 6-8 | 3 mi |
Glades Central High School 1001 Southwest Avenue M, Belle Glade, FL 33430 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 SE 1st Ave
Date
Details
Price
Change
Source
3/13/2026
Price Reduced
$55,000
-8.33%
MLS
3/11/2026
Listed
$60,000
171.49%
MLS
5/31/2021
Sold
$22,100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 205 SE 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$522
40%
$22,000
5%
2024
$374
12%
$21,000
21%
2023
$334
14%
$17,290
31%
2022
$294
12%
$13,200
32%
2021
$262
-2%
$10,000
—
2019
$266
-3%
$10,000
-6%
2018
$275
3%
$10,627
5%
2017
$266
-2%
$10,121
—
2016
$271
-2%
$10,121
—
2015
$277
-1%
$10,121
—
2014
$279
—
$10,121
—
2013
$280
—
$10,121
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 SE 1st Ave
205 SE 1st Ave, South Bay, FL 33493 (MLS# A11980895) is a Land Residential property with a lot size of 0.16 acres. 205 SE 1st Ave is currently listed for $55,000 and was received on March 11, 2026. Want to learn more about 205 SE 1st Ave? Do you have questions about finding other Land Residential real estate for sale in South Bay? You can browse all South Bay real estate or contact a Coldwell Banker agent to request more information.

