712 Palmetto St, West Palm Beach, FL, 33405

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

712 Palmetto St, West Palm Beach$1,299,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeTriplex

Year Built1928

HeatingCentral

CoolingCeiling Fan(s), Central Air, Window Unit(s)

WaterfrontNone

ViewGarden

Private PoolYes

MLS #RX-10957466

StatusActive

About 712 Palmetto St

Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a total of 7 bedrooms and 4 full bathrooms. This turnkey property is ready to be rented out immediately and includes over $50,000 in guaranteed 2024 rental income to start you off!

View More

Property Details

Property Features

Property Information:

• Year Built: 1928
• Stories: 2
• Living Area: 2,972 SqFt

Listing Office:

• Office Name: United Realty Group, Inc
• Office Phone: (561) 469-8706
• Listing Agent: Naomi Freeman

Interior Features

Interior Information:

• Flooring Type: Ceramic Tile, Terrazzo Floor, Tile, Wood Floor

Exterior Features

Exterior Information:

• Private Pool: Yes
• Waterfront: None
• View: Garden
• Exterior: Awnings, Cabana, Deck, Exterior W/D Hookup, Extra Building, Fence, Fruit Tree(s), Open Patio, Shutters

Virtual/3D Tour

• Virtual Tour: 712 Palmetto St

Virtual Tour

Utilities

Utilities Information:

• Heating: Central
• Cooling: Ceiling Fan(s), Central Air, Window Unit(s)

School Info

Assigned Schools Information:

• Forest Hill Community High School, Public Magnet Grades 9-12
• Conniston Middle School, Public Magnet Grades 6-8
• Palmetto Elementary School, Public District Grades KG-5

Other

Directions Information:

• Directions: From Forest Hill and Parker Ave, head South. Turn east on Palmetto Street.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,299,000
• Price Per SqFt: $437/SqFt

HOA Fees:

• Amount: $0
• Frequency: Monthly

Tax Information:

• Annual Amount: $4,443
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

West Palm Beach, FL

City

Med. Sold Price

$386.2K

Med. Price/SqFt

$267

Avg. Days On Market

59

# of Sold Homes

345

712 Palmetto St vs West Palm Beach

84 DAYS ON ROCKET

+25 Days

$1,299,000

+$912.7K More

$437/SqFt

+$170 More

KEY TAKEAWAY

This property is $912.7K more than the Median Sold Price and $170/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10957466

Listing Office:

• Office Name: United Realty Group, Inc
• Office Phone: (561) 469-8706
• Listing Agent: Naomi Freeman

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 25, 2012	Oct 25, 2012Home Sold	$318,000
Jun 13, 2007	Jun 13, 2007Home Sold	$151,500
Jan 28, 2005	Jan 28, 2005Home Sold	$390,000
May 09, 2002	May 09, 2002Home Sold	$215,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$4,443	$222,970
2019	$4,376	$217,957
2018	$4,083	$213,893
2017	$3,990	$209,494

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$6,551

Per Month

Principal & Interest

$6,484

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›712 Palmetto St

This home is located at 712 Palmetto St in West Palm Beach, FL and zip code 33405 in the Parker Ridge neighborhood. This 2,972 square foot home was built in 1928. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $1,299,000.

West Palm Beach, FL housing market in April 2024 saw over 29 listings sold above listed price, more than 42 sold at listed price and over 274 sold below. The number of listings in West Palm Beach, FL increased by 6.5% between March 2024 and April 2024. In April 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $386,296.

From Rocket Homes Real Estate and based on county public records data.