Premier Brokers International
512 Independence Road, West Palm Beach, FL 33405
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12072077
$465,000

↓ Price reduced $10,000 on Sep 25, 2026

512 Independence Road, West Palm Beach, FL 33405

Beds
4
Baths
2
Sqft
1,030
Est. payment$2,903/mo
Home type
Single Family Residence
Year built
1955
Lot size
5,227 sqft
Price / sqft
$451
HOA
$0/mo
Community
COLONIAL ESTATES

Property description

Welcome to this classic 1955 solid CBS construction home, offering the perfect blend of historic charm and incredible potential. Located in a highly sought-after, quiet West Palm Beach neighborhood, this 4-bedroom, 2-bathroom property is an exceptional opportunity for first-time home buyers, investors, or anyone looking to create their dream coastal retreat. Needs some love and updating. Currently set up at two units with separate entrances. At apprx. 1300 sq feet per seller, it's larger than tax rolls indicate. Apprx. 8000 watts in 20 solar panels for a super low electric bill. Step inside to find a bright, versatile floor plan, NEW electric, fully fenced backyard. This tropical oasis is perfect for outdoor entertaining or adding a future pool. Location is everything! Enjoy the ultimate South Florida lifestyle being just minutes from the pristine beaches of Palm Beach, the vibrant dining and shopping on Dixie Highway, downtown West Palm Beach, and the Intracoastal Waterway. With no HOA restrictions and close proximity to PBI Airport, this property offers unmatched convenience and freedom. This hidden gem would be a sweet little AirBNB!

Listing activity

Days on market
40
Listed
Aug 16, 2026
MLS listing updated
Sep 25, 2026
Feed last checked
4 minutes ago

Listed by Michael L Marks · Keller Williams Eagle Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
2
Flooring
Tile
Appliances
Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Driveway, Guest
Attached garage
No

Exterior

Stories
1
Building area
1,120 sqft
Entry level
1
Patio & porch
Patio
Fencing
Fenced
Pool
No
View
Garden
Waterfront property
No

Lot

Lot size
5,227 sqft
Lot size (acres)
0.12 acres
Lot dimensions
5150
Lot features
Room for Pool
Zoning
SF7 (cit
Construction

Type & style

Home type
Single Family Residence
Year built
1955
New construction
No

Materials

Construction
CBS
Roof
Shingle
Property condition
Resale
Levels
One
Faces
North
Utilities & green energy

Utilities

Electric
Circuit Breakers
Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
COLONIAL ESTATES
MLS area
5430
MLS subarea
PB25
Pets allowed
Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33405
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12072077
Possession
Negotiable
Original list price
$496,000
Parcel number
74434404040230050
Annual property tax
$3,086
Tax year
2025
Tax legal description
COLONIAL ESTS LTS 5 & 6 BLK 23
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1120
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
40
Direction Faces
North
Elementary School
South Olive
High School
Forest Hill
List Price
465000
Listing Contract Date
2026-08-16
Living Area
1030
Lot Size Acres
0.12
Lot Size Area
5150
Lot Size Dimensions
5150
MLSArea Major
5430
MLSArea Minor
PB25
Middle Or Junior School
Conniston Community
Mls Status
Active
On Market Date
2026-08-16
Patio And Porch Features
Patio
Photos Count
33
Postal Code
33405
Price Change Timestamp
2026-09-25T15:46:49Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
2
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-16T04:00:00Z
Stories Total
1
Subdivision Name
COLONIAL ESTATES
Water Source
Public
Tax Annual Amount
3086
Bathrooms Full
2
Pool Private
No
Bedrooms Total
4
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 16, 2026ListedMIAMI REALTORS® MLS$496,000$482/sqft
Sep 25, 2026Price reducedMIAMI REALTORS® MLS$465,000$451/sqft

Public tax history

YearProperty taxesAssessment
2025$3,086—

Payment calculator

Estimated monthly payment$2,903/moIllustrative estimate, not a loan offer.
Principal & interest
$2,413
Property taxes
$257
Insurance
$233
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

COLONIAL ESTATES

West Palm Beach · Palm Beach County · 33405

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

South OliveElementary
—
Conniston CommunityMiddle
—
Forest HillHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Keller Williams Eagle Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.