515 46th Street, West Palm Beach, FL, 33407
About This Home
Set in the heart of West Palm Beach's historic Northwood district, this 1917 Key West-style estate sits on multiple lots just a block from the Intracoastal, with no HOA and room to expand. The main house is currently configured as two separate apartment units, plus a detached two-bedroom, one-bath apartment with its own private entrance and garage — three income-producing units in all. Alternatively, the property can be reunited into one grand single-family estate, with the detached apartment serving as a private mother-in-law suite or guest quarters. With multiple lots and no HOA restrictions, there's also potential to build an additional home on the property, making this a rare opportunity for investors, multigenerational families, or anyone looking to create a custom compound. You're steps from Osprey Park, Manatee Lagoon, and Rybovich Superyacht Marina, and minutes from downtown West Palm Beach, Rosemary Square, Clematis Street, and Palm Beach Island. This stretch near North Flagler is also ground zero for the city's luxury development boom, with the Ritz-Carlton Residences, Alba Palm Beach, Shorecrest, Olara West Palm Beach, the Mandarin Oriental Residences, and Apogee all rising nearby. That wave of investments is rapidly transforming the neighborhood into one of South Florida's most closely watched waterfront corridors. It's a rare opportunity to own a piece of Northwood's history right in the path of its next chapter.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1917
Materials
- Roof: Composition,Shingle
- Construction materials: Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Florida
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Disposal,Gas Range,Gas Water Heater,Ice Maker,Refrigerator,Water Heater,Washer
- Laundry features: Inside
Bedroom2
- Level: Second
- Area: 156
- Dimensions: 13 X 12
Bedroom3
- Level: Second
- Area: 144
- Dimensions: 12 X 12
Bedroom4
- Level: Main
- Area: 144
- Dimensions: 12 X 12
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Den
- Level: Second
- Area: 64
- Dimensions: 8 X 8
Dining Room
- Level: Main
- Area: 300
- Dimensions: 20 X 15
Features
- Built-in Features,Living/Dining Room,Main Level Primary,Split Bedrooms,Storage,Tub Shower,Upper Level Primary
- Window features: Single Hung,Wood Frames
- Flooring: Wood
- Fireplace features: Decorative
- Fireplace: Yes
Florida Room
- Level: Main
- Area: 450
- Dimensions: 30 X 15
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,067
- Total interior livable area: 2,343 sqft
Kitchen
- Level: Main
- Area: 80
- Dimensions: 10 X 8
Living Room
- Level: Main
- Area: 300
- Dimensions: 20 X 15
Master Bedroom
- Level: Main
- Area: 300
- Dimensions: 15 X 20
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 74434304040190300
- Zoning: SF7(ci
- Special condition: Standard,Listed As-Is
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Patio,Porch
- Exterior features: Outdoor Living Area,Room For Pool
- Fencing: Fenced
- Waterfront features: None
Lot
- Lot size: 10,504 sqft
- Features: Many Trees,Sprinklers Automatic,< 1/4 Acre
Parking
- Total spaces: 2
- Parking features: Detached,Garage,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Coastal Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,579 | $90,948 |
| Home Insurance * | $3,677 | $44,124 |
| Property Taxes | $2,691 | $32,292 |
| Electricity | $235 | $2,829 |
| Total | $14,182 | $170,184 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $1,499,000 |
| 2025-09-18 | Listing removed | $1,300,000 |
| 2025-06-03 | Listing removed | $2,500 |
| 2025-04-30 | Listed for rent | $2,500 |
| 2025-04-30 | Listing removed | $5,000 |
| 2025-03-28 | Price change | $5,000 |
| 2025-03-22 | Listed for rent | $2,500 |
| 2025-03-22 | Listing removed | $5,000 |
| 2025-03-18 | Listed for sale | $1,300,000 |
| 2025-02-28 | Listed for rent | $5,000 |
| 2025-02-27 | Listing removed | $5,000 |
| 2025-02-16 | Listed for rent | $5,000 |
| 2025-02-04 | Listing removed | $5,000 |
| 2025-01-08 | Price change | $5,000 |
| 2024-12-10 | Listed for rent | $5,200 |
| 2024-08-01 | Listing removed | -- |
| 2024-07-25 | Listed for rent | $5,000 |
| 2023-12-21 | Listing removed | -- |
| 2023-10-12 | Price change | $4,500 |
| 2023-08-22 | Price change | $4,800 |
| 2023-07-21 | Listed for rent | $5,000 |
| 2023-07-13 | Sold | $711,000 |
| 2023-05-19 | Contingent | $749,900 |
| 2023-05-02 | Price change | $749,900 |
| 2023-04-16 | Price change | $799,900 |
| 2023-03-22 | Listed for sale | $849,900 |
| 2020-09-30 | Sold | $327,500 |
| 2019-09-26 | Sold | $185,500 |
View on Zillow