7124 71st Way, West Palm Beach FL 33407, WEST PALM BEACH, FL, 33407
Active126 days on marketListed Apr 14, 2026MLS #A12002066
About this home
7124 71st Way, West Palm Beach FL 33407
Outstanding opportunity for an Investor or First-Time Buyer. The monthly HOA of approximately $501 delivers exceptional value, covering water, sewer, trash, high-speed internet (Blue Stream Fiber), landscaping, insurance, and common areas—creating a truly low-maintenance, predictable ownership experience. Investor-friendly with a minimum 4-month rental policy, offering strong rental flexibility and consistent demand potential—ideal for both long-term holds and seasonal use. Fully renovated and move-in ready, this 2-bedroom, 2.5-bath townhome offers 1,236 sq ft of modern living in a highly desirable West Palm Beach community. From the moment you arrive, you’re welcomed by a private, gated patio—perfect for relaxing or entertaining. The home has been completely updated with a clean, contemporary design featuring quartz countertops, brand-new stainless steel appliances, new lighting throughout, and beautifully renovated bathrooms with stylish tile and modern finishes. The layout offers two spacious bedrooms, each with its own updated bathroom, plus a convenient half-bath downstairs for guests. Custom built-in closets provide excellent storage and functionality. Ideally positioned within the community, enjoy added privacy along with close proximity to the pool and amenities. Conveniently located near shopping, dining, parks, and major roadways with easy access to beaches and downtown West Palm Beach. Minutes from Palm Beach Outlets, City Place, and Okeeheelee Park.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,236
Sqft
1987
Year built
$241
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,031 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,031/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−8.3%
$/sqft vs West Palm Beach actives
$241 vs $253
Days on market
126 vs 62 typical
Where $241/sqft sits among the 399 West Palm Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside The Villages Of Palm Beach Lakes
Get to know West Palm Beach. See the full West Palm Beach guide →
The Villages Of Palm Beach Lakes — neighborhood snapshot
Population
17,813
Median age
37
Median income
$76,443
Median home value
$275,667
Avg household
2
Households w/ children
1,937
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The West Palm Beach market
$397K → $410K
West Palm Beach median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
43 of 399
West Palm Beach actives have cut their price
Median sold price, West Palm Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 24% above the WEST PALM BEACH 33407 median. See the full West Palm Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 7124 71st Way
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$249,500
7114 71st Way, West Palm Beach FL 33407 · same community
2 bd · 2.5 ba · 1,236 sqft · $202/sqft · 6 DOM
Sold · Oct ’25$255,000
7205 72nd Way, West Palm Beach FL 33407 · same community
2 bd · 2.5 ba · 1,236 sqft · $206/sqft · 55 DOM
Sold · Jun ’26$275,000
7810 78th Way, West Palm Beach FL 33407 · same community
2 bd · 2.5 ba · 1,264 sqft · $218/sqft · 13 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7124 71st Way — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7124 71st Way — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
7124 71st Way FAQs
What would the monthly payment be for 7124 71st Way, West Palm Beach FL 33407?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,031/mo — principal and interest, the actual property-tax bill, the $501/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 7124 71st Way, West Palm Beach FL 33407?+
The association fee works out to $501 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7124 71st Way, West Palm Beach FL 33407?+
The most recent tax bill on record (2025) was $5,807. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7124 71st Way, West Palm Beach FL 33407?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in West Palm Beach?+
At $298,000, this home is listed about 5% below the West Palm Beach median of $315,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7124 71st Way, West Palm Beach FL 33407?+
Palm Beach Lakes High School (high), Egret Lake Elementary School (elementary), Bear Lakes Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$298,000 runs 24% above the WEST PALM BEACH 33407 median.
02Garden View views
The garden view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $501/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
126 days on market against a West Palm Beach median of 62 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $310,000, now $298,000 — a $12K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of The Keyes Company · Michael Crisp. MLS #A12002066.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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