527 48th Street, West Palm Beach, FL 33407 (MLS# B26010826)

527 48th Street, West Palm Beach, FL 33407

$760,000

Virtual Tour

https://www.propertypanorama.com/527-48th-Street-West-Palm-Beach-FL-33407/unbranded

Property Type: Residential Income Square Footage: 2,072 Status: Active

Current Price: $760,000 List Date: 4/03/2026 Last Modified: 4/03/2026

Overview

Description

This 4-unit property, constructed in 1954 with concrete block construction, offers a total of 2,387 square feet on a 0.14-acre lot. The unit mix consists of one two-bedroom/one-bathroom unit and three one-bedroom/one-bathroom units, providing an attractive configuration for a diverse tenant base. Northwood Villas is strategically located east of Broadway in a rapidly evolving submarket of West Palm Beach. The property stands to benefit significantly from the ongoing revitalization of the surrounding area, including transformative developments within the nearby Currie Mixed-Use District (CMUD). The CMUD is a compact, pedestrian-oriented, mixed-use district located between Currie Park to the east and the Northwood business district, designed to encourage development around Currie Park

Supplements: and the waterfront north of downtown. Notably, a high-end condominium project designed by Herzog & de Meuron is planned across from Currie Park at 2175 North Flagler Drive, approximately 1.5 miles south of the property. Additionally, the property is within close proximity to Downtown West Palm Beach, The Square, and the Flagler Financial District, ... (Read more)

Listing Details MLS# B26010826

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2072
Building Area Source: Owner
Living Area Main: 2072
Living Area Source: Owner
Accessibility Features YN: No
Year Built: 1954
Parking Total: 4
Gated Community YN: No
Lot Size Area: 6098
Lot Size Acres: 0.14
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Pool Private YN: No

Property Features

Documents Available: Other Exterior Features: Awning(s) Flooring: Tile Property Condition: Resale Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Source Of Expenses: Books Construction Materials: CBS Cooling: Central Air Heating: Central Levels: One Listing Terms: Cash; Conventional; Other Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Road Surface Type: Paved Roof: Tar/Gravel Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Electricity Available Water Source: Public Showing Requirements: 24 Hour Notice; Call Owner; See Remarks Outdoor Living Spaces: Porch Porch Details: Porch - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 760000
Owner Phone: (314) 422-4480
Listing Service: Limited Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 527
Street Name: 48th
Street Suffix: Street
Municipality Type: Incorporated
Municipal Code: 74
State Or Province: FL
Postal Code: 33407
Postal Code +4: 2867
Subdivision Name: NORTH PALM BCH 1
Area: 5420
Geographic Area: PB20
Elementary School: Northmore
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: Palm Beach Lakes
Special Assessment YN: No
Parcel Number: 74434304040210230
Subdivision Number: 4
Zoning: SF7 (city)
Flood Zone: X
Directions: 95 To 45th St E to US-1, North to 48th St, Right

Financial Information

Master Association YN: No
Tax Annual Amount: 9631
Tax Year: 2025
Tax Legal Description: NORTH PALM BEACH PLAT NO 1 LTS 23 & 24 BLK 21
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-04-03T18:57:29Z
Major Change Type: New Listing
Status Change Date: 2026-04-03

More Information

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: No

Income and Expenses

Annual Total Expense: 30917
Gross Income: 77160
Net Operating Income: 43906

Pet Details

Pet Fee YN: No

Showing Details

Pet(s) on Premises: No
Showing Contact Phone: (314) 422-4480
Showing Instructions: * For access to property CONTACT: River Rhoads at (314) 422-4480 / (954) 245-3494 or river.rhoads@marcusmillichap.com

Unit 1 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 722

Unit 1 Lease Description

Currently Leased YN: No

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 1395
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 450

Unit 2 Lease Description

Currently Leased YN: No

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 1445
Baths Full: Yes
Furnished: Unfurnished
SqFt: 450

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 1590
Baths Full: Yes
Furnished: Unfurnished
SqFt: 450

Price Calculations

Current Price To SqFt: 366.79

Originating Details

Originating System Key: 20260403173558783439000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Awning(s): Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Other: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes

Heating

Central: Yes

Construction Materials

CBS: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Road Frontage Type

East of US-1: Yes

Road Surface Type

Paved: Yes

Roof

Tar/Gravel: Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Call Owner: Yes
See Remarks: Yes

Main Living Area

Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Porch: Yes

Porch Details

Porch - Open: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Home Sold Realty LLC

Last Updated: April - 03 - 2026

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