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$1,499,000Active

515 46th Street, West Palm Beach, FL 33407

West Palm Beach, FL 33407
5
Beds
3
Baths
2,343
Sq Ft
$640
$/Sq Ft
1917
Year Built
2 car
Garage
0.24 acres
Lot Size

Listing Snapshot

List Price$1,499,000
Price / Sq Ft$640
Beds5
Baths3
Living Area2,343 sqft
Lot Size0.24 acres
Year Built1917
Property Tax$9,775/yr
MLS #1176974702
StatusActive

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Florida
Stories
2
Direction Faces
South
Attached Garage
No
Garage Spaces
2
Parking Spaces
2
Parking
Detached,Garage,RvAccessParking
Zoning
SF7(ci
Utilities
CableAvailable,SewerAvailable,WaterAvailable
Subdivision
Northwood

Interior Features

Appliances
Dryer,Dishwasher,Disposal,GasRange,GasWaterHeater,IceMaker,Refrigerator,WaterHeater,Washer
Flooring
Wood
Heating
Central
Cooling
CentralAir
Interior Features
BuiltInFeatures,LivingDiningRoom,MainLevelPrimary,SplitBedrooms,Storage,TubShower,UpperLevelPrimary
Laundry
Inside
Window Features
SingleHung,WoodFrames
Furnished
Unfurnished

Exterior Features

Construction
Frame,Stucco
Exterior Features
OutdoorLivingArea,RoomForPool
Roof
Composition,Shingle
Lot Features
ManyTrees,SprinklersAutomatic,LessThanQuarterAcre
Patio / Porch
Covered,Patio,Porch
Fencing
Fenced
Pool
No
Waterfront
No
Waterfront Features
None

Community Features

MLS Area
5420

Schools

ElementaryNorthmore
MiddleJohn F. Kennedy (Palm Beach)
HighPalm Beach Lakes

Map

Virtual Tour

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Listed by Jonathan Santiago · Compass Florida LLC
MLS# 1176974702 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,199,000

%
Est. Monthly$8,994
Principal & Interest$8,179
Property Tax$815

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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