500 Michigan Place, West Palm Beach, FL 33409

$485,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,756 Status: Closed
Current Price: $485,000 List Date: 10/22/2025 Last Modified: 8/17/2026

Overview

Description

This beautifully maintained 4-bedroom CBS home offers comfort and flexibility, featuring a spacious bonus room that can easily transform into a home office, dining room, studio, or game room—the choice is yours. The fourth bedroom, originally the garage, has been thoughtfully converted with central A/C, making it ideal as an in-law suite or income-producing rental. With no HOA, ample parking, and room to add a pool, this property offers freedom and opportunity rarely found in such a desirable location. Lush tropical landscaping creates a serene garden atmosphere that feels worlds away while still being close to everything. Currently occupied by a great month-to-month tenant open to a long-term lease, this home is perfect for both homeowners and investors alike.

Listing Details MLS# F10533083

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1756
Year Built
1953
Gated Community YN
No
Lot Size Area
7203
Lot Size Dimensions
74.0 ft x 100.0 ft
Senior Community YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Direction Faces
Northwest
Pool Private YN
No
Furnished
Unfurnished
Year Roof Installed
2017

Property Features

Dining Area: Dining/Living Room Flooring: Ceramic Tile; Tile Parking Features: Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Electric Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Entrance Foyer Laundry Features: Laundry Tub Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s); Room for Pool Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Negotiable Restrictions: No Restrictions Roof: Slate Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: Tax Reflects No Exemptions Utilities: Cable Available View: Garden Water Source: Public Showing Requirements: Showing Service Outdoor Living Spaces: Patio Contingencies: None Room Types: Family Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
485000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
500
Street Name
Michigan
Street Suffix
Place
City Name
West Palm Beach
State Or Province
FL
Postal Code
33409
Postal Zip
33409
Subdivision Name
PALM BEACH LAKES SOUTH 2
Area
5410
Geographic Area
PB24
Parcel Number
74434319030120150
Zoning
SF7(ci
Directions
One block north of Okeechobee off from Congress Avenue, first left and then right on Michigan to property

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
6046
Tax Year
2024
Tax Legal Description
PL 2 PALM BEACH LAKES SOUTH LT 15 BLK 12

Status Change Information

Major Change Timestamp
2025-12-23T21:07:19Z
Major Change Type
Status Change
Status Change Date
2025-12-23
Under Contract Date
2025-12-01
Close Date
2025-12-23
Close Price
485000
Buyer Financing
Conventional

More Information

Parking Information

Open Parking Spaces
3

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
4

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
276.2
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
7443

Originating Details

Originating System Key
605608487
Originating System ID
M00000170

Room Information

Room Name
Family Room
IDX
Listing Office: RE/MAX First
Source MLS Verified
Last Updated: August - 17 - 2026
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