Home For Sale In West Palm Beach, Florida

house for sale

Listed: 05/07/24

805 7th Street, West Palm Beach, FL 33401, USA

6 Bed:

3 Bath:

2,076 Sq Ft Living Area:

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Price

$ 525,000

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About This House

Investors only ! The house isRENTEDuntil May31, 2024.The rent is$3, 685/mo, and can be more because of the proximity to downtown. Great Investment property! This spacious 6 bedroom, 3 full bathroom house with a fireplace and a half basement is recently renovated. Located near Downtown West Palm Beach, only 7 minutes from beautiful shops and dining on Clematis street. The city is investing a lot in the area, by creating a jazz atmosphere through the renovation of the iconic Sunset Lounge, known for Jazz legends. The house also has a Basement, since it is in an elevation zone, therefore the property is off the flood zone. This deal will not last.

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Houses for sale in West Palm Beach

Original listing

West Palm Beach Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
May 2024	$591,261 (+35.3%)
Apr 2024	$437,122 (0%)
Mar 2024	$437,122 (0%)
Feb 2024	$437,122 (0%)
Jan 2024	$437,122 (-6.1%)
Dec 2023	$465,447 (-30.6%)

In May 2024, the asking price for 2 bed houses for sale in/near West Palm Beach, United States averaged $591,261, an increase of 35.3% from the previous month.

Median price trends for properties for sale in West Palm Beach, United States as of May 2024.

Household Income

Median household income: $49,054

Number of households: 41,355

The average household income in West Palm Beach, FL grew from $46,672 to $49,054 in the past year. This data is an estimate based upon 41,355 households in West Palm Beach, FL.
The chart below presents how household income is distributed in West Palm Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in West Palm Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in West Palm Beach, FL equals $3k+ , which is more than the national average.

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