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$554,000
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Property Description
DREAM PENTHOUSE AWAITS! Impeccably maintained 1 BED +DEN/GUEST ROOM, nestled in the heart of downtown West Palm Beach! Walking distance to City Place, Clematis Street & Palm Beach. City Palms can be rented out minimum 30 days, easy approval process with the association, and can be rented out continuously throughout the year! Amenities such as 24 hour manned lobby, fitness center, sauna, hot tub, swimming pool & more! This penthouse has elegantly appointed interiors, featuring an open-concept layout, volume ceilings, quartz countertops, and floor-to-ceiling windows that flood the space with natural light! Sweeping panoramic views of the city skyline and ocean. The private balcony provides the perfect setting for enjoying breathtaking sunsets Great investment opportunity with a tenant in place! TURNKEY WITH IMMEDIATE RENTAL INCOME! NO HOA APPROVAL. Open to owner financing.
Full Property Details
Full Property Details for 480 Hibiscus St #1003
General
- Price: $554,000
- HOA FEE: $508/month
- Taxes: $5,841 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: R11146807
- Updated: 1/22/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: High Ceilings, Separate Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Library, Pool, Parking, Sauna, Spa/Hot Tub, Trash, Elevator(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security System, Fire Alarm, Key Card Entry, Lobby Secured, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned, Garage
Location
- County: Palm Beach
- Subdivision: CITY PALMS CONDO
- Driving Directions: Exit Okeechobee from I95; East on Okeechobee, North on Quadrille, then right on Hibiscus Street, building will be on your right. Top floor PH-3.
- Direction Faces: East
Community
- Community Name: 5420
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water, Internet
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Construction: Block, Concrete
- Stories/Levels: 10
- Building Size: 836
- Square Feet: 779
- Living Area: 779 Sq. Ft.
- Year Built: 2008
- Property Condition: Resale
Lot Features
- Property View: City
- Street Lights: Yes
- Zoning: QGD-10
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $508
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,841.49
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: CITY PALMS CONDO UNIT 1003
- Property ID: 74434321290001003
Listed by Sutter & Nugent LLC
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Schools
Schools serving 480 Hibiscus St #1003
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, West Palm Beach, FL 1220 L A Kirksey St, West Palm Beach, FL 33401 | PK-5 | 1.5 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 2.1 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 Hibiscus St #1003
Date
Details
Price
Change
Source
12/10/2025
Listed
$554,000
—
MLS
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 480 Hibiscus St #1003
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,265
7%
$345,000
3%
2024
$5,841
10%
$335,000
13%
2023
$5,315
25%
$296,000
58%
2021
$4,263
-9%
$187,000
-17%
2022
$4,660
9%
$224,720
15%
2021
$4,263
-6%
$195,000
—
2019
$4,522
73%
$195,000
24%
2018
$2,617
7%
$157,505
2%
2017
$2,436
1%
$154,265
2%
2016
$2,420
-2%
$151,092
1%
2015
$2,469
—
$150,042
1%
2014
$2,468
2%
$148,851
2%
2013
$2,423
—
$146,651
—
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 480 Hibiscus St #1003
480 Hibiscus Street #1003, West Palm Beach, FL 33401 (MLS# R11146807) is a Condo property with 2 bedrooms and 1 full bathroom. 480 Hibiscus Street #1003 is currently listed for $554,000 and was received on December 10, 2025. Want to learn more about 480 Hibiscus Street #1003? Do you have questions about finding other Condo real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

