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$590,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
See This Home
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An excellent investment opportunity awaits in the highly sought-after East West Palm Beach area! Property is being updated to be turn key for tenants. This income-producing triplex is ideally located just two blocks west of Flagler Street and minutes from the vibrant downtown district. Whether you're looking for a renovation project or a property with rental potential, this triplex offers versatility and value. With its prime location and strong upside potential, this is a rare chance to secure a solid asset in a growing market.

Full Property Details for 523 48th St

General

  • Price: $590,000
  • Taxes: $6,286 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11080923
  • Updated: 10/16/2025
  • Added to Site: 282 day(s) ago

Interior

  • Flooring: Other

Exterior

  • Exterior Features: Open Patio

Parking

  • Carport Spaces: 2

Location

  • Area: 5420
  • County: Palm Beach
  • Subdivision: North Palm Bch 1

Community

  • Community Features: None
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Central, Wall-Win A/C
  • Heating Type: Central, Window/Wall

Utilities

  • Utility Description: Electric, Public Sewer, Public Water
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Triplex
  • Construction: CBS, Frame
  • Roof: Composition Shingles
  • Stories in Building: 1
  • Square Feet: 1,421
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1948

Unit Information

Unit 1

  • Unit Description: Den/Family, Patio
  • Square Feet: 635
  • Bedrooms: 2
  • Parking: Carport - Attached

Unit 2

  • Unit Description: Den/Family, Patio
  • Square Feet: 635
  • Bedrooms: 2
  • Parking: Carport - Attached

Unit 3

  • Square Feet: 384
  • Bedrooms: 1
  • Parking: Open Parking

Lot Features

  • Property View: Garden
  • Lot Size (Sq. Ft.): 6,826
  • Zoning: SF7(ci

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $415.2
  • Tax Amount: $6,286
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Tenant Pays: Cable, Electric, Sewer, Water

Disclosures and Reports

  • Special Conditions: Sold As-Is
  • Legal Description: NORTH PALM BEACH PLAT NO 1 LTS 25~ 26 & W 15 FT OF LT 27 BLK 21
  • Restrictions: None
  • APN: 74434304040210250

Listed by Tropical Springs Realty

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Listing agents

— 523 48th St —

  • Tropical Springs Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 523 48th St

School District:Palm Beach County School District
NameGradesDistance
Northmore Elementary School
4111 North Terrace Drive, West Palm Beach, FL 33407
PK-50.6 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-82.4 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-123.1 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 523 48th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2025
Price Reduced
$590,000
-0.84%
MLS
4/11/2025
Listed
$595,000
40%
MLS
4/02/2025
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
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 for 523 48th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,160
-2%
$378,613
-15%
2024
$6,286
12%
$447,124
20%
2023
$5,610
24%
$373,431
54%
2021
$4,515
-11%
$242,695
-23%
2022
$5,078
12%
$314,472
46%
2021
$4,515
19%
$216,017
79%
2019
$3,783
18%
$120,965
10%
2018
$3,209
11%
$109,968
10%
2017
$2,884
11%
$99,971
10%
2016
$2,591
-8%
$90,883
-7%
2015
$2,821
7%
$97,902
10%
2014
$2,626
9%
$89,002
10%
2013
$2,402
—
$80,911
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Tropical Springs Realty

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523 48th Street, West Palm Beach, FL 33407 (MLS# RX-11080923) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 523 48th Street is currently listed for $590,000 and was received on April 11, 2025. Want to learn more about 523 48th Street? Do you have questions about finding other Multi-Family 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.

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