COLONIAL ESTATES
509 Putnam Road, West Palm Beach FL 33405
4 beds · 2 baths · 1,500 ft²
$440,000
Est. Payment $2,342/mo
4
Bedrooms
2
Bathrooms
1,500
Sq. Ft.
1945
Year Built
1
Stories
49
Days on Market
Description
Located in the highly desirable SOSO district of West Palm Beach, this unique property offers incredible potential for investors or homeowners looking for rental income. Two single-family homes sit on this DOUBLE lot, providing endless possibilities for renovation, rental income, or a multi-generational living setup. Front Home: Originally a 3/1, currently configured as a 2/1 with brand new plumbing throughout. Back Home: A separate 2-bedroom, 1-bath unit, perfect for guests, rental income, or extended family. This property is priced to sell and presents a rare opportunity to create something special for your investment portfolio, a quick flip, or and amazing generational home!
Facts
- MLS#
- R11062293
- Subdivision
- COLONIAL ESTATES
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 5,227 ft²
- Sq. Ft.
- 1,500 ft²
- Sq. Mt.
- 139 m²
- Price per sq. ft.
- $293/ft²
- Price per sq. mt.
- $3,165/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 49 days
- Listed
- Feb 13, 2025
- Last Updated
- Sep 9, 2026
- Price/Lot Sq.Ft.
- $84/ft²
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Market insights for West Palm Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
15
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).
| 9/5/2026 | Sold | $440,000 |
| 2/13/2025 | Listed for sale | $440,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$2,859/mo
Principal & Interest
$2,342
Property Tax
$367
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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