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5162 47th Place N, West Palm Beach, FL – $1,200,000

  • $1.4M Price
  • $1.4M Price

5162 47th Place N

3 Parcels with multi family zoning preliminary work with a land planner had the parcels on track for approximately 50 units with the City of West Palm Beach. The seller will possibly consider holding a mortgage of 50% of the purchase price during the approval process and construction phases until certificate of occupancy is issued by the City of West Palm Beach to begin lease or sale of the units. The subject property is located across the street from an elementary school to the north. Directly to the east of the subject property is a newly remodeled 72 unit apartment complex. It is also down the street from the new Ballpark of the Palm Beaches and the new Morselife towers with high end senior living complex.

Essential Information

  • MLS® #RX-10494233
  • StatusSold
  • Sold Price$1,200,000
  • Acres0.00
  • Sub-TypeCommercial Land
  • StyleNo

Community Information

  • Address5162 47th Place N
  • SubdivisionS/D 11-43-42
  • CityWest Palm Beach
  • CountyPalm Beach
  • Zip Code33417


  • UtilitiesPublic Water, Septic Sewer
  • UtilitiesPublic Water, Septic Sewer


  • Lot Description3 to < 5 Acres

School Information

  • ElementaryEgret Lake Elementary School

Additional Information

  • Date ListedJanuary 10th, 2019

Listing Details

  • OfficeKeller Williams Realty/P B
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Price Change History for 5162 47th Place N, West Palm Beach, FL (MLS® #RX-10494233)

Date Details Change
Status Changed from Contingent to Sold
Status Changed from Active to Contingent
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,498,000 to $1,350,000 $148,000 (9.88%)
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Keller Williams Realty/P B.

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Listing information last updated on July 10th, 2020 at 6:30am EDT.