4903 Pinewood Ave, West Palm Beach, FL 33407

Opportunity Knocks in West Palm Beach!

Discover this charming 3-bedroom, 1-bathroom single-family home located at 4903 Pinewood Ave, West Palm Beach, FL 33407. Built in 1962, this residence offers 1,036 sqft of living space, providing a comfortable and affordable entry into the West Palm Beach market.

Priced at $219,999, with an estimated refinance payment of $1,931/month, this property presents a compelling value proposition. The West Palm Beach housing market is currently a buyer’s market, indicating that prices may be lower and homes could stay on the market longer. In April 2025, the median home sold price in West Palm Beach was $405,489, up 5.3% year-over-year. However, for 3-bedroom homes specifically, prices in West Palm Beach have seen an increase of 9.7% year-over-year.

More specifically for the 33407 zip code, the median sale price in April 2025 was $377K, up 3.4% compared to last year. Homes in this zip code typically sell after 93 days on the market, and importantly, 73.5% of homes sold below asking price last month.

This property, while currently listed with 3 bedrooms and 1 bath, appears to have conflicting information on some public records which list it as 2 beds, 1 bath. It was previously sold in 2010 for $90,000. It also has a history of being a foreclosure property with an upcoming foreclosure auction scheduled for June 18, 2025. It boasts recent renovations including hurricane impact windows, laminate wood floors, ceramic tile, new GE SS Energy Star Appliances, a new hot water heater, and HVAC system with R30 Insulation. Warranties are transferable to the buyer.

This home is ideal for those seeking an established property with recent updates in a desirable location. West Palm Beach offers a vibrant lifestyle with a thriving downtown, beautiful beaches, and a wide array of cultural and recreational activities.

Don’t miss the chance to explore this affordable home in West Palm Beach. Contact a local agent to schedule a showing and verify all property details.