508 56TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434304060510040 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$153,265
Property Details
Year Built
1928
Lot Sqft
5,097
Sales History
1
$44,100
2014-03-26
Tax Assessment History
$153,265
Assessed (2026)
$327,610
Market Value
$153,265
Taxable Value
$3,120
Annual Tax
2025
$327,610
2026
$153,265
$327,610
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $153,265 | $327,610 | $153,265 | $3,120 | $212,170 | $115,440 |
| 2025 | $327,610 | $327,610 | $327,610 | $6,670 | $212,170 | $115,440 |
About 508 56TH ST, WEST PALM BEACH, FL 33407
508 56TH ST, WEST PALM BEACH, FL 33407 is a property built in 1928 on a 5,097 square foot lot. The property is currently owned by SILVER BEACH 451 LLC, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2014-03-26 for $44,100. The 2026 assessed value is $153,265 with a market value of $327,610. This breaks down to $212,170 for the land and $115,440 for the building.
The assessed value decreased 53% from $327,610 in 2025. The median household income in this area is $36,974, and the median home value is $279,400. The population density is 10,962 people per square mile.
508 56TH ST, WEST PALM BEACH, FL 33407 is located in WEST PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this WEST PALM BEACH property are sourced from palm_beach County public records. The current assessed value represents 348% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
SILVER BEACH 451 LLC
PO BOX 8797, WEST PALM BEACH, FL, 33407
Since: 2026-04-01
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Est. Annual Insurance
$2,055 — $3,834
Flood $400 — $800
Property/Wind $1,655 — $3,034
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$36,974
Median Home Value$279,400
Pop. Density10,962/sq mi
Neighborhood 33407
46.3%
Owner-Occ
53.7%
Investor
5,086
Flips (4yr)
4,003
New Biz (3yr)
Distress Risk
MODERATE
37
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