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501 16th Street, West Palm Beach, FL 33407
$150,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
951
Status:
Closed
Current Price:
$150,000
Last Modified:
3/09/2026
Overview
Description
Opportunity knocks in one of West Palm Beach's most promising pockets! This classic wood-frame home sits on one of the largest lots in the neighborhood, offering plenty of space.
Whether you're a seasoned investor or a savvy homeowner looking for your next project, this property is a prime candidate for renovation. Restore the charm of the existing structure or reimagine it entirely — the canvas is yours.
Attention: The lot is zoned MF14 (Multifamily Low Density) — giving you flexibility for future development or additional units down the line. Think guest house, duplex conversion, or rental expansion after your renovation!
Listing Details MLS# RX-11105915
Location, Tax & Legal
- Area
- 6331 - County Central (IR)
- County
- Palm Beach
- Parcel ID
- 74434316180070130
- Street #
- 501
- Street Name
- 16th
- Street Suffix
- Street
- Zip Code
- 33407
- Geo Area
- IR31
- Country
- United States
- State/Province
- FL
- HOPA
- No Hopa
- Short Sale
- No
- Tax Year
- 2024
- Zoning
- MF14(c
- Short Sale A/U
- N/A
- Short Sale Addendum
- No
- Taxes
- 3219.02
- Special Assessment
- No
- REO
- No
Contract Information
- Original List Price
- 152000
- Auction
- No
- List Price/SqFt
- 159.83
General Property Description
- Type
- Single Family Detached
- Governing Bodies
- None
- Total Bedrooms
- 2
- Main Level Bathrooms
- Yes
- Baths - Full
- Yes
- Baths - Total
- Yes
- Property Condition
- Resale
- Year Built
- 1921
- SqFt - Total
- 1199
- SqFt - Living
- 951
- SqFt Source
- Other
- Gated Community
- No
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Homeowners Assoc
- None
- Association Deposit
- No
- Membership Fee Required
- No
- Directions
- Head east on Okeechobee Blvd, then north on Australian Ave, and turn right onto 16th St.
- Subdivision
- PALM BEACH NORTH
- Legal Desc
- P B NORTH RESUB OF BLKS 7 & 8 LTS 13 & 14 BLK 7
- Lot SqFt
- 6863
- Waterfront
- No
- Front Exp
- South
- Private Pool
- No
- Pets Allowed
- Yes
- Pets on Premises
- No
- Total Floors/Stories
- Yes
- Main Level Bedrooms
- 0
Status Change Info
- Under Contract Date
- 2025-07-14
- Sold Date
- 2025-07-24
- Terms of Sale
- Cash
- Sold Price/SqFt
- 157.72
Concessions
- Seller Concessions
- No
Contributions
- Buyer Contributions
- No
More Information
Office/Member Info
- DXORIGMLNO
- RX-11105915
- DXORIGMLSID
- RML
Construction
- Frame
- Yes
- Stucco
- Yes
Master Bedroom/Bath
- Spa Tub & Shower
- Yes
Rooms
- Util-Garage
- Yes
Waterfront Details
- None
- Yes
Lot Description
- < 1/4 Acre
- Yes
Equip/Appl Included
- None
- Yes
Cooling
- Central
- Yes
Heating
- Central
- Yes
Furnished
- Furnished
- Yes
Interior Features
- None
- Yes
Flooring
- Laminate
- Yes
Utilities
- Cable
- Yes
- Electric
- Yes
- Water Available
- Yes
Restrict
- None
- Yes
Subdiv. Amenities
- Bike - Jog
- Yes
- Dog Park
- Yes
- Park
- Yes
- Street Lights
- Yes
Terms Considered
- Cash
- Yes
Possession
- At Closing
- Yes
Storm Protection
- None
- Yes
Taxes
- City/County
- Yes
Contingencies
- None
- Yes
Property Features
Construction:
Frame; Stucco
Waterfront Details:
None
Lot Description:
< 1/4 Acre
Interior Features:
None
Furnished:
Furnished
Rooms:
Util-Garage
Restrict:
None
Flooring:
Laminate
Heating:
Central
Cooling:
Central
Terms Considered:
Cash
Utilities:
Cable; Electric; Water Available
Storm Protection:
None
Taxes:
City/County
Possession:
At Closing
Contingencies:
None
Room Information
Living Room
Length: 15.00
Width: 12.00
Length: 15.00
Level: Main
Width: 12.00
Kitchen
Length: 14.00
Width: 10.00
Length: 14.00
Level: Main
Width: 10.00
Master Bedroom
Length: 12.00
Width: 10.00
Length: 12.00
Level: Main
Width: 10.00
Listing Office:
Beycome of Florida LLC
Last Updated: March - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.