514 56TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434304060510080 · Vacant Residential · Zoning: 000
Assessed Value (2026)
$43,496
Sales History
1
$1,500,000
2025-07-01
2
$1,500,000
2025-07-25
Tax Assessment History
$43,496
Assessed (2026)
$213,885
Market Value
$43,496
Taxable Value
$886
Annual Tax
2025
$213,885
2026
$43,496
$213,885
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $43,496 | $213,885 | $43,496 | $886 | $213,885 | $0 |
| 2025 | $213,885 | $213,885 | $213,885 | $4,355 | $213,885 | $0 |
About 514 56TH ST, WEST PALM BEACH, FL 33407
514 56TH ST, WEST PALM BEACH, FL 33407 is a property. The property is currently owned by NORTHWOOD FUNERAL HOME & CREMA, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2025-07-25 for $1,500,000. The 2026 assessed value is $43,496 with a market value of $213,885. The assessed value decreased 80% from $213,885 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. 514 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 complete ownership history of this property spans from 2025 to 2025, with 2 recorded transactions in the public record. The current assessed value represents 3% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
NORTHWOOD FUNERAL HOME & CREMA
5608 BROADWAY, WEST PALM BEACH, Florida, 33407
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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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