516 Nathan Hale Road, West Palm Beach, FL 33405

New Listing

$569,500

Property Type: Residential Income Square Footage: 1,060 Status: Active

Current Price: $569,500 List Date: 6/30/2026 Last Modified: 6/30/2026

Overview

Description

Don't miss this incredible opportunity to own an updated duplex, perfect for generating passive income! This property features two units, each with appliances, AC units, and water heaters, all on separate meters for convenience. Impact windows throughout. Excellent flexibility for investors or owner-occupants. The front unit is a 3-bedroom, 1-bath with hardwood floors, modern white kitchen with stainless steel appliances, in in-unit washer and dryer, A/C, and water heater 2020. The back unit is renovated 2-bedroom, 1-bath with its own washer and dryer, currently rented. Live in one side and rent the other, or rent out both for maximum return! Conveniently located near US-1, I-95, Downtown West Palm Beach, shopping, dining, and just minutes to the beach.

Listing Details MLS# B26047194

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1060
Building Area Source: Other
Living Area Main: 990
Living Area Source: Other
Adjusted Area Main: 1018
Accessibility Features YN: No
Year Built: 1926
Parking Total: 6
Gated Community YN: No
Lot Size Area: 5500
Lot Size Acres: 0.13
Lot Size Dimensions: 50.0 ft x 110.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Pool Private YN: No
LP/Assessed Value: 1.54

Property Features

Documents Available: Copy Of Lease(s) Electric: Net Meter Exterior Features: Other Fencing: Fenced Flooring: Vinyl Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: Stucco Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Room for Pool Other Structures: Shed(s) Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: 24 Hour Notice; Appointment Only; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Pantry Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen; Laundry Room Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 569500
Negotiable Seller Concessions YN: No
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 516
Street Name: Nathan Hale
Street Suffix: Road
City Name: West Palm Beach
Municipality Type: Incorporated
Municipal Code: 74
State Or Province: FL
Postal Code: 33405
Postal Code +4: 4326
Postal Zip: 33405
Subdivision Name: COLONIAL ESTATES
Area: 5430
Geographic Area: PB20
Elementary School: South Olive
Middle Or Junior School: Conniston Community
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 74434404040170090
Subdivision Number: 4
Zoning: SF7 (city)
Flood Zone: X

Financial Information

Master Association YN: No
Tax Annual Amount: 8154.34
Tax Year: 2025
Tax Assessed/SOH Value: 368974
Tax Legal Description: COLONIAL ESTS LTS 9 & 10 BLK 17
Assessor Market Value: 368974
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-30T21:52:31Z
Major Change Type: New Listing
Status Change Date: 2026-06-30

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 2
Separate Gas Meters YN: No
Separate Water Meters YN: No

Income and Expenses

Annual Total Expense: 3500
Gross Income: 54360
Net Operating Income: 15000

Other Area Details

Living Area Other Structures: 792
Building Area Other Structures: 792
Adjusted Area Other Structures: 783

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Storm Protection

Impact Glass: Complete

Unit 1 Details

Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 990
Actual Rent: 0

Unit 1 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 2100
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 792

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-11-15
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 575.25

Originating Details

Originating System Key: 20260630194901339229000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Net Meter: Yes

Exterior Features

Other: Yes

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Other Structures

Shed(s): Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Construction Materials

Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Room for Pool: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Text Listing Agent: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Pantry: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Re/Max Rex

Last Updated: June - 30 - 2026

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