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7124 71st Way, West Palm Beach, FL, 33407

2beds
3baths
1,236sqft
$298,000
$241price/sqft
$2,977/moest. monthly cost
$119,080/yrincome needed

About This Home

2-1 Buydown Offered w/Preferred Lender or $5k towards closing costs. Fully renovated and move-in ready, this 2-bedroom, 2.5-bath townhome offers 1,236 sq ft of modern living in a highly desirable West Palm Beach community. From the moment you arrive, you’re welcomed by a private, gated patio—perfect for relaxing or entertaining. The home has been completely updated with a clean, contemporary design featuring quartz countertops, brand-new stainless steel appliances, new lighting throughout, and beautifully renovated bathrooms with stylish tile and modern finishes. The layout offers two spacious bedrooms, each with its own updated bathroom, plus a convenient half-bath downstairs for guests. Custom built-in closets provide excellent storage and functionality. Ideally positioned within the community, enjoy added privacy along with close proximity to the pool and amenities. The monthly HOA of approximately $501 delivers exceptional value, covering water, sewer, trash, high-speed internet (Blue Stream Fiber), landscaping, insurance, and common areas—creating a truly low-maintenance, predictable ownership experience. Investor-friendly with a minimum 4-month rental policy, offering strong rental flexibility and consistent demand potential—ideal for both long-term holds and seasonal use. Conveniently located near shopping, dining, parks, and major roadways with easy access to beaches and downtown West Palm Beach. Minutes from Palm Beach Outlets, City Place, and Okeeheelee Park.

Getting Around

30
WalkingCar-Dependent
35
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

5/10
5/10
Bear Lakes Middle SchoolGrades 6-81.4 mi
2/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1987

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Refrigerator,Self Cleaning Oven,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,236
  • Total interior livable area: 1,236 sqft

Property

Details

  • Parcel number: 74424301160000144
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Pool features: Association
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Garden

Parking

  • Parking features: 1 Space,Additional Spaces Available,Guest

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,506$18,072
Home Insurance *$731$8,772
Property Taxes $543$6,516
Electricity $197$2,366
Total$2,977$35,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,068/yr
40% on housing$89,310/yr
45% on housing$79,386/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 33407$435
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33407$302
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$309,999
2026-04-16Listed for sale$310,000
2026-03-25Listing removed$324,999
2026-03-03Price change$324,999
2025-11-18Listed for sale$329,987
2023-02-23Sold$315,000
2023-01-18Contingent$320,000
2023-01-08Price change$320,000
2022-12-12Listed for sale$335,000
2019-07-10Sold$160,500
2019-05-11Pending sale$166,000
2019-04-13Listed for sale$166,000
2015-12-22Sold$133,000
2015-11-04Listed for sale$141,000
2013-07-01Sold$92,000
2013-04-10Listed for sale$96,900
2004-02-03Sold$119,900

For Sale by Agent

AgentMichael Crisp
BrokerageThe Keyes Company

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