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514 Redwood Dr

Lake Park, FL 33403

3 bd 2 ba 1,542 sqft Built 1963 Lot 8,461 sqft single_family
Most recent sale
$360,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2025 Listing removed $1,750 MartinCounty
Feb 27, 2023 Sold $455,000 BeachesMLSMatrix
Jan 19, 2023 Listed $475,000 BeachesMLSMatrix
Nov 19, 2021 Sold $360,000 MLS #M20030123
Sep 23, 2013 Sold $126,000 MLS #RX-2219425
Jul 11, 2005 Sold $262,000 Public Record
May 6, 2002 Sold $126,000 Public Record
May 1, 2002 Listed $125,900 MLS #RX-2219425

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $213,048 $175,000 $388,048 $9,174
2023 $203,198 $175,000 $378,198 $6,154
2022 $182,180 $107,250 $289,430 $5,832
2021 $115,023 $78,000 $193,023 $4,835
2020 $177,877 $4,571
2019 $161,706 $4,344
2018 $147,005 $3,757
2017 $133,641 $3,613
2016 $121,492 $3,481
2015 $110,447 $3,221
2014 $100,406 $3,031
2013 $91,278 $2,732
2012 $87,917 $2,650
2011 $97,923 $2,950
2010 $93,095 $2,824
2009 $126,640 $3,562
2008 $126,640 $4,505
2007 $204,519 $4,792

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,542 sqft
Lot size
8,461 sqft
ZIP code
33403
City
Lake Park
Street
Redwood Dr
Coordinates
26.80451, -80.06251

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,853
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 514 Redwood Dr last sell?
514 Redwood Dr most recently sold on Nov 19, 2021 for $360,000.
What is the current tax assessment for 514 Redwood Dr?
The most recent total assessment for 514 Redwood Dr (year 2025) is $388,048 with $9,174 in property tax.
How does 514 Redwood Dr's assessment compare to its last sale price?
The current assessment is 7.8% above the last sale price of $360,000.
When was 514 Redwood Dr built?
514 Redwood Dr was built in 1963.
How does 514 Redwood Dr compare to others on Redwood Dr?
We do not currently track other properties on Redwood Dr.
What are the property facts for 514 Redwood Dr?
514 Redwood Dr is a 3 bed, 2 bath, 1,542 sqft, 8,461 sqft lot single_family.
Is 514 Redwood Dr a flip candidate?
Yes — 514 Redwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 514 Redwood Dr a tax-appeal candidate?
No — 514 Redwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$481.5K
2026 Q4
$490.3K
ZIP 33403 — Median Price History + Forecast

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