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512 Independence Rd, West Palm Beach FL 33405

House For Sale
$496,000

BTC: 7.66378245

ETH: 260.69040912

New
4 bds
2 ba
1,030 sqft

Overview

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 homebuyers, 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. But it is legally permitted per seller (Buyers are always advised to confirm this). 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!

Location

Florida • West Palm Beach • 33405 • House • For Sale

Details

Type:
Residential
Parking:
Driveway / Guest
Year Built:
1955
Lot:
5150 Square Feet
Heating:
Central
Price/sqft:
$482
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$367,500
$265K – $442K
Confidence Low
List vs. estimate
$128K above estimate
List $496,000 · +35.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$481
+24.9% vs. city median $385
Based on
14 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,086
2025
View
Garden
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Attic

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Guest

    Property

    • Exterior Features: Room For Pool

    Lot

    • Lot: 5150 Square Feet

    Other Property Information

    • Parcel Number: 74434404040230050

    • Zoning: SF7 (cit

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $3,086

  • Source details

    • MLS ID: A12072077

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Direction Faces: North

    • Architectural Style: Detached / One Story

    • Living Area: 1030

    • Water Source: Municipal Water

    • Subdivision Name: COLONIAL ESTATES,Colonia Estates

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33405
143
median $2.3M
Active
Same city
West Palm Beach
1,745
median $345K
Active
Same type
House
520
median $714K
Active
Similar price
$347K – $644K
357
median $479K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Eagle Realty