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7118 71st Way

West Palm Beach, FL 33407

2 bd 3 ba 1,236 sqft Built 1987 townhomes
Most recent sale
$305,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2024 Listing removed $2,350 BeachesMLS
Jun 12, 2024 Price changed for rent $2,350 BeachesMLS
Jun 5, 2024 Price changed for rent $2,375 BeachesMLS
May 17, 2024 Price changed for rent $2,400 BeachesMLS
May 8, 2024 Listed for rent $2,450 BeachesMLS
Apr 25, 2022 Sold $305,000 MLS #RX-10779811
Feb 27, 2022 Listed $285,000 MLS #RX-10779811
Sep 23, 2013 Sold $138,750 MLS #RX-2436272
Aug 25, 2004 Listed $139,900 MLS #RX-2436272
Aug 25, 2004 Sold $138,750 Public Record
Jun 22, 1998 Sold $66,000 Public Record
Apr 27, 1992 Sold $65,900 Public Record
Jul 1, 1987 Sold $62,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $261,469 $261,469 $5,822
2023 $258,877 $4,743
2022 $176,237 $176,237 $4,113
2021 $66,816 $1,036
2020 $65,893 $1,016
2019 $64,412 $1,017
2018 $63,211 $907
2017 $61,911 $868
2016 $60,638 $860
2015 $60,216 $864
2014 $59,738 $867
2013 $58,855 $862
2012 $57,871 $863
2011 $60,871 $890
2010 $64,871 $915
2009 $69,442 $924
2008 $69,442 $1,749
2007 $120,599 $2,128

Property facts

Year built
1987
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,236 sqft
Lot size
ZIP code
33407
City
West Palm Beach
Street
71st Way
Coordinates
26.75386, -80.10598

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,287
Gross rental yield
9.00%
Implied cap rate
5.85%
Trend-extrapolated value

Frequently asked questions

When did 7118 71st Way last sell?
7118 71st Way most recently sold on Apr 25, 2022 for $305,000.
What is the current tax assessment for 7118 71st Way?
The most recent total assessment for 7118 71st Way (year 2025) is $261,469 with $5,822 in property tax.
How does 7118 71st Way's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $305,000.
When was 7118 71st Way built?
7118 71st Way was built in 1987.
How does 7118 71st Way compare to others on 71st Way?
We track 5 other properties on 71st Way. Browse the list under "Other properties on 71st Way" to compare beds, baths, and sale history.
What are the property facts for 7118 71st Way?
7118 71st Way is a 2 bed, 3 bath, 1,236 sqft townhomes.
Is 7118 71st Way a flip candidate?
No — 7118 71st Way does not appear in our flips dataset.
Is 7118 71st Way a tax-appeal candidate?
No — 7118 71st 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
+13.9%
Implied 1-yr
+55.5%
2026 Q3
$1.74M
2026 Q4
$1.86M
ZIP 33407 — Median Price History + Forecast

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