516 Nathan Hale Road, West Palm Beach, FL 33405
$569,500
Property Type:
Residential Income
Square Footage:
1,852
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$569,500
List Date:
2/23/2026
Last Modified:
3/07/2026
Description
This property is fully assumable with a 2.99% interest rate. Don't miss this incredible opportunity to own an updated duplex, perfect for generating passive income! This property features two units, each with appliances, AC units, and water heaters, all on separate meters for convenience. Impact windows throughout. Excellent flexibility for investors or owner-occupants. The front unit is a 3-bedroom, 1-bath with hardwood floors, modern white kitchen with stainless steel appliances, in in-unit washer and dryer, A/C, and water heater 2020. Currently rented, providing immediate rental income.
The back unit is a beautifully renovated 2-bedroom, 1-bath with its own washer and dryer, also currently rented.
Supplements: Live in one side and rent the other, or rent out both for maximum return! Conveniently located near US-1, I-95, Downtown West Palm Beach, shopping, dining, and just minutes to the beach.
More Information MLS# R11114610
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2025-08-10
Status: Active
Original List Price: 579500
List Price: $569,500
Current Price: $569,500
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33405
Geographic Area: PB30
Country: United States
Street Number: 516
Street Name: Nathan Hale
Street Suffix: Road
State Or Province: FL
Postal Code: 33405
Subdivision Name: COLONIAL ESTATES
Area: 5001
Elementary School: South Olive
Middle Or Junior School: Conniston Community
High School: Forest Hill
Parcel Number: 74434404040170090
Zoning: SF7(ci
Directions: Head east on Forest Hill Blvd toward Garden Ave, turn left onto Georgia Ave, turn right onto Hunter St, turn left onto Webster Ave and turn left onto Nathan Hale Rd
Currently Not Used
Number Of Units Total: 2
General Property Information
Living Area Main: 1782
Lot Size Dimensions: 50.0 ft x 110.0 ft
Gated Community YN: No
Lot Size Area: 5500
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1852
Building Area Source: Other
Year Built: 1926
Lot Size Acres: 0.13
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Flooring
Vinyl: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Duplex: 1
Tenant Pays
Electricity: 1
Other Structures
Shed(s): 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
View
Garden: 1
Heating
Central: 1
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 3500
Gross Income: 54360
Net Operating Income: 15000
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Schedule Online: 1
Text Listing Agent: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2350
Baths Full: 1
Beds Total: 3
Furnished: Unfurnished
SqFt: 990
Unit 1 Interior Features
Pantry: 1
Unit 1 Lease Description
Lease Expiration: 2026-08-30
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 2280
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 792
Unit 2 Lease Description
Lease Expiration: 2025-11-30
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 319.58
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 7754.58
Tax Year: 2024
Tax Legal Description: COLONIAL ESTS LTS 9 & 10 BLK 17
Status Change Information
Major Change Timestamp: 2026-03-07T00:38:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-07T00:38:40Z
Status Change Date: 2026-02-23
Originating Details
Originating System Key: 20250808181428646032000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Fencing: Fenced
Flooring: Vinyl
Property Condition: Resale
Structure Type: Duplex
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: Stucco
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Listing Terms: Cash; Conventional; FHA; VA Loan
Other Structures: Shed(s)
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Tax Information: City/County
Utilities: Sewer Available; Water Available
View: Garden
Water Access: None
Water Source: Public
Window Features: Blinds
Showing Requirements: 24 Hour Notice; Appointment Only; Schedule Online; Text Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Interior Features: Pantry
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen; Laundry Room
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
Re/Max Rex
Last Updated: March - 07 - 2026
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