by Global Lifestyle Properties

See Home Value
$600,000
● House - Off Market

312 Central Drive

West Palm Beach, FL 33405
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$3,521
Est. Monthly
2.97%
Cap Rate

About This Property

Ideal INVESTMENT opportunity to Scoop Up this Enchantingly Renovated Two Bedroom, One Bath 1926 Spanish Mission Style charmer with detached garage in the desirable Central Park South, West Palm Beach neighborhood! Looking for a stellar income producing rental property or charming Florida retreat to call your own? This is it!

Boasting 9-ft ceilings in the main living areas, a prominent brick wood-burning fireplace, spacious and bright Florida Room and updated dark luxury vinyl wood-like flooring. Bathroom beautifully renovated with subway tiles, a walk-in shower and classical console bathroom sink. Newer stainless steel appliances in kitchen with soft-close dark wood cabinetry and subway tiles. Roof in 2020 with hurricane strappings, AC 2021, (more) alarm system, updated electrical panel and tankless gas water heater.

Lushly xeriscaped private, fenced in 75 x 50 lot with outdoor shower and iron entry gates provides a whimsical setting for entertaining on the covered deck with dining area and swinging bench! Increase the property value with a timeless expansion and a possible pool!

Located a mere block and a half to the intracoastal waterway, antique row for shopping and dining, and only minutes away from beaches, downtown WPB, parks, shopping, entertainment, PBI airport, Brightline and so much more!

This is an investment not to be missed!
Unit Size
864 Ft²
Days on Market
45 days
Land Size
0.09 acres
Price per sqft
$723
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1926

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (Beaches MLS #R11101212)

Price History

Date / Event Date Event Price
Aug 15, 2025 Sold
Sold
Jul 15, 2025 In contract -
In contract
Jun 20, 2025 Listed by Douglas Elliman $625,000
Listed by Douglas Elliman
Feb 7, 2019 Sold
Sold
Sep 1, 2017 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Lot Size Depth Feet: 50
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,206
  • Gross Building Area: 1,206
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PARK SOUTH PALM BEACH
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: CENTRAL PARK SOUTH PALM BEACH LTS 14 & 16

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003400

Zoning

  • Zoning: MF20-C1

Geography

  • Assessors Map Reference: 179
  • Parcel: 74-43-43-34-14-000-0140
  • Lot: 14,16
  • Meridian: SEC 34 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6775
  • Longitude: -80.0535

    Address

  • Full Address: 312 Central Dr
  • Address - House Number: 312
  • Address - Street Name: Central
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 2302
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 1,007
  • Tax Year: 2022
  • Tax Amount: $776,100
  • Tax Rate Code Area: 74402

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 585,088
  • High Value: 712,924
  • Low Value: 457,252

    Market Valuation

  • Market Total Value: $396,971
  • Market Land Value: $308,000
  • Market Improvement Value: $88,971

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $396,971

    Sales

  • Current Sale Contract Date: Jan 23, 2019
  • Current Sale Recording Date: Feb 07, 2019
  • Current Sale Price:
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 20190044007
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Park Palm Beach


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Frequently Asked Questions

When was property at 312 Central Drive built and last sold?
The property at 312 Central Drive was built in 1926 and last sold on Jan 23, 2019 for $74,144.
How much is this home worth?
The estimated value of the home located at 312 Central Drive is $631,250.
What are some comparable homes to 312 Central Drive?
There are currently no comparable homes to 312 Central Drive.