5508 Cannon Way
West Palm Beach, FL 33415
3 bd 3 ba 1,396 sqft Built 1985 Lot 1,315 sqft townhomes
Most recent sale
$296,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $296,000 | MLS #RX-10796897 |
| May 3, 2022 | Listed | $287,000 | MLS #RX-10796897 |
| Jan 7, 2022 | Listed | $295,000 | MLS #RX-10768430 |
| Dec 13, 2021 | Listed | $295,000 | MLS #RX-10764387 |
| Sep 22, 2020 | Sold | $229,900 | Public Record |
| Jul 17, 2019 | Sold | $166,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $259,308 | $3,876 |
| 2023 | $252,000 | — | $252,000 | $3,778 |
| 2022 | — | — | $182,600 | $3,611 |
| 2021 | $166,000 | — | $166,000 | $3,161 |
| 2020 | $143,000 | — | $143,000 | $2,780 |
| 2019 | — | — | $43,407 | $602 |
| 2018 | — | — | $42,598 | $561 |
| 2017 | — | — | $41,722 | $528 |
| 2016 | — | — | $40,864 | $518 |
| 2015 | — | — | $40,580 | $521 |
| 2014 | — | — | $40,258 | $519 |
| 2013 | — | — | $39,663 | $506 |
| 2012 | — | — | $39,000 | $458 |
| 2011 | — | — | $48,720 | $654 |
| 2010 | — | — | $48,000 | $638 |
| 2009 | — | — | $60,845 | $734 |
| 2008 | — | — | $60,845 | $666 |
| 2007 | — | — | $59,014 | $731 |
Property facts
Year built
1985
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,396 sqft
Lot size
1,315 sqft
ZIP code
33415
City
West Palm Beach
Street
Cannon Way
Coordinates
26.66791, -80.12374
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,583
Gross rental yield
10.47%
Implied cap rate
6.81%
Trend-extrapolated value
—
Frequently asked questions
When did 5508 Cannon Way last sell?
5508 Cannon Way most recently sold on May 26, 2022 for $296,000.
What is the current tax assessment for 5508 Cannon Way?
The most recent total assessment for 5508 Cannon Way (year 2025) is $259,308 with $3,876 in property tax.
How does 5508 Cannon Way's assessment compare to its last sale price?
The current assessment is 12.4% below the last sale price of $296,000.
When was 5508 Cannon Way built?
5508 Cannon Way was built in 1985.
How does 5508 Cannon Way compare to others on Cannon Way?
We track 8 other properties on Cannon Way. Browse the list under "Other properties on Cannon Way" to compare beds, baths, and sale history.
What are the property facts for 5508 Cannon Way?
5508 Cannon Way is a 3 bed, 3 bath, 1,396 sqft, 1,315 sqft lot townhomes.
Is 5508 Cannon Way a flip candidate?
Yes — 5508 Cannon Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5508 Cannon Way a tax-appeal candidate?
No — 5508 Cannon Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$286.6K
2026 Q4
$284.3K
ZIP 33415 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cannon Way