MODEL LAND CO

481 S 56th Ter Terrace S, West Palm Beach FL 33415

5 beds · 4 baths · 1,808 ft²

For Sale · Active Listing

$1,750,000

9.38%

Est. Payment $9,314/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

1,808

Sq. Ft.

1971

Year Built

1

Stories

105

Days on Market

Facts

MLS#
B26007043
Subdivision
MODEL LAND CO
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1971
Lot Size
183,388 ft²
Sq. Ft.
1,808 ft²
Sq. Mt.
168 m²
Price per sq. ft.
$968/ft²
Price per sq. mt.
$10,417/m²
Stories
1
Garage
Pool
Private
Days on Market
105 days
Listed
Mar 23, 2026
Last Updated
Jul 8, 2026
Price/Lot Sq.Ft.
$10/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

85

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/28/2026Price change$1,750,000+9.4%
3/23/2026Listed for sale$1,600,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

481 S 56th Ter Terrace S, West Palm Beach FL 33415Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$10,923/mo

Principal & Interest

$9,314

Property Tax

$1,458

Insurance

$150

HOA

$0

20% ($350,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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