When was property at 509 Putnam Road built and last sold?

The property at 509 Putnam Road was built in 1945 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 509 Putnam Road is $0.

What are some comparable homes to 509 Putnam Road?

There are currently no comparable homes to 509 Putnam Road.

West Palm Beach

33405

Colonial Estates

509 Putnam Road

Sold on Jun 6, 2025

Map

$400,000

● House - Off Market

509 Putnam Road

West Palm Beach, FL 33405

4 Beds

2 Baths

1,500 Ft²

$2,528

Est. Monthly

9.09%

Cap Rate

About This Property

Located in the highly desirable SOSO district of West Palm Beach, this unique property offers incredible potential for investors or homeowners looking for rental income.

Two single-family homes sit on this DOUBLE lot, providing endless possibilities for renovation, rental income, or a multi-generational living setup. Front Home: Originally a 3/1, currently configured as a 2/1 with brand new plumbing throughout. Back Home: A separate 2-bedroom, 1-bath unit, perfect for guests, rental income, or extended family.

This property is priced to sell and presents a rare opportunity to create something special for your investment portfolio, a quick flip, or and amazing generational home!

Unit Size

1,500 Ft²

Days on Market

93 days

Land Size

0.12 acres

Price per sqft

$293

Property Type

House

Property Taxes

$367

HOA Dues

Year Built

1945

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Beaches MLS #R11062293)

Price History

Date / Event	Date	Event
Jun 6, 2025	Sold	Premium
Sold
Apr 18, 2025	In contract	-
In contract
Mar 6, 2025	Relisted	$440,000
Relisted
Feb 21, 2025	In contract	-
In contract
Feb 13, 2025	Listed by LPT Realty, LLC	$440,000
Listed by LPT Realty, LLC

Property Highlights

Building Info

Overview

General

Year Built: 1945

Effective Year Built: 1960
Building Count: 2
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 17
Building Style: 34
Exterior Walls Type: 18
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 2
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 0
Garage Square Area: 276
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,101

Lot Size Depth Feet: 1,020
Lot Size Frontage Feet: 500
Total Building Area: 1,596
Gross Building Area: 1,596
Building Area: 1,500
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 4

Heating: 14
Heated Square Feet: 1,500
Heating Fuel Type: 5

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: COLONIAL ESTS
Land Acres: 0000000117
Standard Land Use Code: 1110
County Land Use Code: 0800
Legal Description 1: COLONIAL ESTS LTS 29 & 30 BLK 27

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003600

Zoning

Zoning: SF14

Geography

Assessors Map Reference: 195

Parcel: 74-43-44-04-04-027-0290
Block: 27
Lot: 29,30
Meridian: SEC 04 TWN 44S RNG 43E
Municipality: WEST PALM BEACH
Latitude: 26.6664
Longitude: -80.0571

Address

Full Address: 509 Putnam Rd

Address - House Number: 509
Address - Street Name: Putnam
Address - Suffix Type: Rd
State: FL
City Name: West Palm Beach
Carrier Code: C005
4-Digit Zip Code: 3211
Zip Code: 33405

Valuation

Tax

Total Area: 1,509

Tax Year: 2023
Tax Amount: $411,029
Tax Rate Code Area: 74982

Appraisal Valuation

Standard Deviation: 0.4969

Valuation Date: Apr 03, 2024
Final Value: 281,167
High Value: 420,882
Low Value: 141,451

Market Valuation

Market Total Value: $241,081

Market Land Value: $125,970
Market Improvement Value: $115,111

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $145,818

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

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Comparables

About Colonial Estates

Stats & Trends

Median Asking:

$539,500

Sale Price/ft²

$363

Below Asking

0.01%

Average Days on Market

Average Home Size

1015 ft²

Average Home Age

85 years

Currently For Sale

4 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 829 Macy Street, West Palm Beach, FL, 33405

$3,750 /mo

3 Beds
1 Bath
926 ft²

829 Macy Street, West Palm Beach, FL, 33405 Listing by Mark Roberto

Unit for rent at 731 Tuscaloosa Street, West Palm Beach, FL, 33405

$3,650 /mo

4 Beds
3 Baths
1,440 ft²

731 Tuscaloosa Street #1, West Palm Beach, FL, 33405 Listing by Glenn J Gurvitch

Unit for rent at 3901 S Flagler Drive, West Palm Beach, FL, 33405

$3,700 /mo

2 Beds
2 Baths
1,178 ft²

3901 S Flagler Drive #505, West Palm Beach, FL, 33405 Listing by Jessica Julian

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Justin Levins
LPT Realty, LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R11062293

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.