$1,499,000
515 46th Street, West Palm Beach, FL 33407
West Palm Beach, FL
Northwood
Beds
5 Beds
Baths
3 Baths
Living Area
2,343 Sq Ft
Lot
0.24 acres
Built
1917
Days Listed
0
Price Per Sq Ft
$640/sqft
Listed
Jul 13, 2026
Garage
2 spaces
Property Type
Single Family Residence
About This Property
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.
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
2
Total Baths
3
Building Area
3,067 sq ft
Lot Size
10,504 sq ft
Lot Profile
Less Than 1/4 Acre LotLess Than 1 Acre Lot
Condition
Resale
MLS #
B26051836
Waterfront, Boating & Outdoor
Waterfront
None
Boat Features
Ramp
Patio / Porch
Patio - Covered, Porch - Open, Patio, Porch
Interior & Construction
Interior Features
Built-in Features, Bedroom Layout - Split, Storage
Primary Bedroom
Combo Tub/Shower, Master Bdrm - Ground, Master Bdrm - Upstairs
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Family Room, Great Room, Kitchen, Laundry, Living Room, Master Bedroom, Florida Room, Garage Apartment
Appliances
Gas Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Ice Maker, Refrigerator, Water Heater, Washer
Flooring
Wood
Construction
Frame, Stucco
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
2
Parking Features
RV Access/Parking, Garage, Detached Garage
Pets Allowed
Yes, No Restrictions
Restrictions
No Restrictions
Taxes, Utilities & MLS
Annual Taxes
$9,775
Tax Year
2025
Parcel Number
74434304040190300
Zoning
SF7(ci
County
Palm Beach
MLS Area
5420
Sewer
Public Sewer
Water Source
Public
Utilities
Cable Available, Sewer Available, Water Available
Photos
34
Listing courtesy of Compass Florida LLC
Listing Agent: Jonathan Santiago
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.