For SaleRisky Deal6 days on market
520 28TH Street
520 28TH Street, West Palm Beach, FL 33407, West Palm Beach, FL 33407
$1,200,000
Estimate®:$1,130,700
Listing Price
520 28TH Street, West Palm Beach, FL 33407
Loc: West Palm Beach, FL
Days Listed
6
Tax Assessed
$567k
Estimate®
$1131k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$3,993/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Pleasant City Elementary School
PK-5
0.4 mi away
5
Roosevelt Middle School
6-8
0.8 mi away
2
Palm Beach Lakes High School
9-12
3.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Spanish Mediterraneanstucco exteriortile roofsingle-storyarched wooden doortropical landscapingpalm treesstone stepscozywell-manicured lawncurb appealresidentialsunny
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.05%
Total ROI
3.5%
Cash Flow
$-4,173/mo
DSCR
0.33
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,173/mo net cash flow with a 2.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in West Palm Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $1,200,000 | $926 |
| 2026-07-20 | Listed for rent | $9,000 | $7 |
| 2026-07-11 | Listing removed | $6,000 | $5 |
| 2026-06-16 | Price change | $6,000 | $5 |
| 2026-06-09 | Listed for rent | $9,000 | $7 |
| 2025-07-01 | Listing removed | $4,500 | $3 |
| 2025-06-20 | Price change | $4,500 | $3 |
| 2025-05-15 | Listed for rent | $5,000 | $4 |
| 2023-08-08 | Sold | $874,000 | $674 |
| 2023-07-14 | Pending sale | $849,000 | $655 |
| 2023-07-11 | Contingent | $849,000 | $655 |
| 2023-07-05 | Listed for sale | $849,000 | $655 |
| 2023-06-29 | Listing removed | $0 | – |
| 2023-06-08 | Price change | $899,000 | $694 |
| 2023-05-29 | Price change | $950,000 | $733 |
| 2023-05-11 | Price change | $985,000 | $760 |
| 2023-04-28 | Listed for sale | $999,000 | $771 |
| 2023-04-22 | Contingent | $999,000 | $771 |
| 2023-04-12 | Listed for sale | $999,000 | $771 |
| 2023-04-03 | Contingent | $999,000 | $771 |
| 2023-03-22 | Listed for sale | $999,000 | $771 |
| 2022-04-06 | Sold | $550,000 | $424 |
| 2022-03-12 | Pending sale | $459,000 | $354 |
| 2022-03-09 | Listed for sale | $459,000 | $354 |
| 2019-03-18 | Listing removed | $1,750 | $1 |
| 2013-02-06 | Sold | $145,000 | $112 |
| 2011-09-08 | Sold | $86,000 | $66 |
| 2011-05-09 | Sold | $69,100 | $53 |
| 2005-09-07 | Sold | $539,000 | $416 |
| 2004-07-10 | Sold | $195,700 | $151 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,838 | $515,153 |
| 2024 | $12,463 | $594,981 |
| 2023 | $11,199 | $529,603 |
| 2022 | $7,068 | $300,588 |
| 2021 | $6,260 | $273,262 |
| 2020 | $5,842.16 | $248,420 |
| 2019 | $5,610.46 | $225,836 |
| 2018 | $5,610.46 | $259,419 |
| 2017 | $5,022.77 | $230,395 |
| 2016 | $4,589.53 | $169,674 |
| 2015 | $4,290.89 | $154,249 |
| 2014 | $3,882.28 | $140,226 |
| 2013 | $3,174.5 | $127,478 |
| 2012 | $2,715.95 | $106,513 |
| 2011 | $2,411.79 | $134,443 |
| 2010 | $2,558.64 | $139,333 |
| 2009 | $3,382.94 | $177,786 |
| 2008 | $4,756.9 | $256,541 |
| 2007 | $6,651.24 | $336,372 |
| 2006 | $7,055.33 | $328,168 |
| 2005 | $0 | $234,126 |
| 2004 | $2,656.17 | $173,739 |
| 2003 | $104 | $145,558 |
| 2002 | $2,539.43 | $98,930 |
| 2001 | $2,441.05 | $93,280 |
| 2000 | $1,707.18 | $63,880 |
| 1999 | $1,486.94 | $59,690 |
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