When was property at 502 Palm Trail built and last sold?

The property at 502 Palm Trail was built in 1940 and last sold on Apr 11, 2013 for $1,100,000.

How much is this home worth?

The estimated value of the home located at 502 Palm Trail is $0.

What are some comparable homes to 502 Palm Trail?

There are currently no comparable homes to 502 Palm Trail.

Delray Beach

33483

Hofman Village

502 Palm Trail

$1,100,000

● House - Off Market

502 Palm Trail

Delray Beach, FL 33483

5 Beds

4 Baths, 1 Half Bath

3,567 Ft²

$2,412,912

RealtyHop Estimate

101.92%

Since May 1, 2013

National-US

Primary Model

About This Property

Charming beach cottage with five bedrooms and four and one-half baths. The home has been renovated with new kitchen, cypress ceilings and three fireplaces. Wonderful outdoor entertaining area and fabulous lap pool. Ideally situated close to town and the beach.

Unit Size

3,567 Ft²

Days on Market

419 days

Land Size

Price per sqft

$335

Property Type

House

Property Taxes

$1,368

HOA Dues

Year Built

1940

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Beaches MLS #R3263170)

Price History

Date / Event	Date	Event
Apr 24, 2013	Sold	Premium
Sold
Feb 29, 2012	Listed by The Corcoran Group	$1,195,000
Listed by The Corcoran Group
Mar 24, 2005	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1940

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 1
Construction Type: 17
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 5
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 14
Porch Type: 7
Pool Type: 8

Dimensions

Lot Size Square Feet: 11,626

Lot Size Depth Feet: 1,220
Lot Size Frontage Feet: 950
Total Building Area: 3,830
Gross Building Area: 3,830
Building Area: 3,567
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 3,567
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOFMAN VILLAGE
Land Acres: 0000000267
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: HOFMAN VILLAGE E 95 FT OF S 1/2 OF LT 13 & E 95 FT OF LT 14 BLK 2

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006401

Zoning

Zoning: R-1-AA

Geography

Assessors Map Reference: 337

Parcel: 12-43-46-09-25-002-0131
Block: 2
Lot: 13,14
Meridian: SEC 09 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4709
Longitude: -80.0639

Address

Full Address: 502 Palm Trl

Address - House Number: 502
Address - Street Name: Palm
Address - Suffix Type: Trl
State: FL
City Name: Delray Beach
Carrier Code: C057
4-Digit Zip Code: 5630
Zip Code: 33483

Valuation

Tax

Total Area: 3,549

Tax Year: 2023
Tax Amount: $4,373,408
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.2001

Valuation Date: Apr 03, 2024
Confidence Score: 73
Final Value: 3,835,437
High Value: 4,603,246
Low Value: 3,067,627

Market Valuation

Market Total Value: $3,198,954

Market Land Value: $1,591,524
Market Improvement Value: $1,607,430

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,337,046

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Apr 11, 2013

Current Sale Recording Date: Apr 24, 2013
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20130185832
Previous Sale Recording Date: Mar 24, 2005
Previous Sale Contract Date: Mar 15, 2005
Previous Sale Amount: $1,300,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hofman Village

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 233 Lake Terrace, Delray Beach, FL, 33444

$8,500 /mo

3 Beds
2 Baths
1,558 ft²

233 Lake Terrace, Delray Beach, FL, 33444 Listing by Julie Ann Giachetti PA

Unit for rent at 228 Lake Terrace, Delray Beach, FL, 33444

$6,000 /mo

2 Beds
2 Baths
1,741 ft²

228 Lake Terrace, Delray Beach, FL, 33444 Listing by Ryan Straub PA

Unit for rent at 110 Gleason Street, Delray Beach, FL, 33483

$7,500 /mo

4 Beds
3 Baths
2,443 ft²

110 Gleason Street #203, Delray Beach, FL, 33483 Listing by Jennifer Gallagher

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Barbara L Whittaker
The Corcoran Group
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R3263170

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

502 Palm Trail

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Hofman Village

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions