by Global Lifestyle Properties

Check Availability
$465,000
↓ $10K (2.1%)
● House - For Sale

512 Independence Rd

West Palm Beach, FL 33405
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,030 Ft²
$2,541
Est. Monthly

About This Property

Welcome to this classic 1955 solid CBS construction home, offering the perfect blend of historic charm and incredible potential. Located in a highly sought-after, quiet West Palm Beach neighborhood, this 4-bedroom, 2-bathroom property is an exceptional opportunity for first-time home buyers, investors, or anyone looking to create their dream coastal retreat. Needs some love and updating. Currently set up at two units with separate entrances. At apprx. 1300 sq feet per seller, it's larger than tax rolls indicate. Apprx. 8000 watts in 20 solar panels for a super low electric bill. Step inside to find a bright, versatile floor plan, NEW electric, fully fenced backyard. This tropical oasis is perfect for outdoor entertaining or adding a future pool. Location is everything! Enjoy the ultimate South Florida lifestyle being just minutes from the pristine beaches of Palm Beach, the vibrant dining and shopping on Dixie Highway, downtown West Palm Beach, and the Intracoastal Waterway. With no HOA restrictions and close proximity to PBI Airport, this property offers unmatched convenience and freedom. This hidden gem would be a sweet little AirBNB!
Unit Size
1,030 Ft²
Days on Market
64 days
Land Size
0.12 acres
Price per sqft
$451
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1955

Listed By

Michael L Marks
Keller Williams Eagle Realty

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Last updated: 24 days ago (Miami MLS #A12072077)

Price History

Date / Event Date Event Price
Sep 26, 2026 Price Decreased $465,000
↓ $10K (2.1%)
Price Decreased
Sep 17, 2026 Price Decreased $475,000
↓ $21K (4.2%)
Price Decreased
Aug 16, 2026 Listed by Keller Williams Eagle Realty $496,000
Listed by Keller Williams Eagle Realty
Mar 18, 1999 Sold
Sold
May 19, 1994 Sold
Sold

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Guest
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry, Attic, Family Room
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile
Exterior Details
Square Footage: 1030
Property Condition: Handyman Special
Architectural Style: Detached, One Story
Year Built: 1955
Building Name: COLONIAL ESTATES
Building Area Total: 1120
Building Area Units: Square Feet
Construction Materials: CBS Construction
Patio and Porch Features: Patio
Lot Features: Less Than 1/4 Acre Lot
Lot Size Area: 5150
Lot Size Units: Square Feet
Lot Size Acres: 0.118
Lot Size Square Feet: 5150
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $3,086
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,149
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,030
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,030
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL ESTS
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: COLONIAL ESTS LTS 5 & 6 BLK 23

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003600

Zoning

  • Zoning: SF7

Geography

  • Assessors Map Reference: 195
  • Parcel: 74-43-44-04-04-023-0050
  • Block: 23
  • Lot: 5,6
  • Meridian: SEC 04 TWN 44S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.663
  • Longitude: -80.0573

    Address

  • Full Address: 512 Independence Rd
  • Address - House Number: 512
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 3614
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 1,059
  • Tax Year: 2023
  • Tax Amount: $277,363
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 74982

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 455,784
  • High Value: 548,716
  • Low Value: 362,852

    Market Valuation

  • Market Total Value: $299,185
  • Market Land Value: $181,500
  • Market Improvement Value: $117,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,417

    Exemptions

  • Homeowner Exemption: Yes
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 Colonial Estates


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Unit for rent at 335 Franklin Road, West Palm Beach, FL, 33405

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Frequently Asked Questions

When was property at 512 Independence Road built and last sold?
The property at 512 Independence Road was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 512 Independence Road is $472,736.
What are some comparable homes to 512 Independence Road?
There are currently no comparable homes to 512 Independence Road.