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5151 51st Way

West Palm Beach, FL 33409

2 bd 3 ba 1,236 sqft Built 1985 Lot 1,346 sqft townhomes
Most recent sale
$310,000
Aug 30, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $310,000 BeachesMLSFlex
Jun 27, 2024 Price changed $314,900 BeachesMLSFlex
May 23, 2024 Price changed $324,900 BeachesMLSFlex
May 9, 2024 Listed $333,000 BeachesMLSFlex
Sep 23, 2013 Listing removed $950 JTHSMLS
Oct 29, 1999 Sold $57,500 Public Record
Dec 22, 1994 Sold $60,000 Public Record
Oct 1, 1985 Sold $53,100 Public Record
Jan 1, 1980 Listed for rent $950 JTHSMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,675 $260,675 $4,931
2022 $147,150 $3,685
2021 $133,773 $3,346
2020 $121,612 $3,089
2019 $110,556 $2,932
2018 $100,505 $2,598
2017 $91,368 $2,379
2016 $83,062 $2,216
2015 $75,511 $2,062
2014 $68,646 $1,905
2013 $62,405 $1,668
2012 $57,405 $1,567
2011 $60,405 $1,643
2010 $64,405 $1,748
2008 $67,808 $2,600
2007 $148,955 $3,246

Property facts

Year built
1985
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,236 sqft
Lot size
1,346 sqft
ZIP code
33409
City
West Palm Beach
Street
51st Way
Coordinates
26.74823, -80.09148

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,287
Gross rental yield
8.85%
Implied cap rate
5.75%
Trend-extrapolated value

Frequently asked questions

When did 5151 51st Way last sell?
5151 51st Way most recently sold on Aug 30, 2024 for $310,000.
What is the current tax assessment for 5151 51st Way?
The most recent total assessment for 5151 51st Way (year 2025) is $260,675 with $4,931 in property tax.
How does 5151 51st Way's assessment compare to its last sale price?
The current assessment is 15.9% below the last sale price of $310,000.
When was 5151 51st Way built?
5151 51st Way was built in 1985.
How does 5151 51st Way compare to others on 51st Way?
We track 8 other properties on 51st Way. Browse the list under "Other properties on 51st Way" to compare beds, baths, and sale history.
What are the property facts for 5151 51st Way?
5151 51st Way is a 2 bed, 3 bath, 1,236 sqft, 1,346 sqft lot townhomes.
Is 5151 51st Way a flip candidate?
No — 5151 51st Way does not appear in our flips dataset.
Is 5151 51st Way a tax-appeal candidate?
No — 5151 51st Way 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
-0.7%
Implied 1-yr
-2.6%
2026 Q3
$410.9K
2026 Q4
$408.1K
ZIP 33409 — Median Price History + Forecast

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