518 NE 48th Street is a beautiful 1-story 2/2 Villa with an attached 1-car garage. Features a spacious floor plan, vaulted ceilings in the main areas, full-size washer and dryer, walk-in closet, and huge private fenced-in back and side yards. Perfectly located in the residential neighborhood of Villa Rica. Close distance to I-95, best schools shopping, restaurants & beaches. Villas De La Costa Condo Association has not been active for many years. No restrictions or fees. Great Rental Property. The other half of this villa is available for sale # 520 which is a 3/3 2-story townhouse with a 2-car garage. Also available in same community 521 NE 47th Street. All properties are rented by very long-term Tenants & they have been paying below fair market value. Tenant on Month to Month
Single-familyProperty Type
1992Year Built
$263Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Lisa Galano• RE/MAX Services
Bought with Anastasia Krasun Voropaieva• Related General Realty, LLC.
518 NE 48th Street is a beautiful 1-story 2/2 Villa with an attached 1-car garage. Features a spacious floor plan, vaulted ceilings in the main areas, full-size washer and dryer, walk-in closet, and huge private fenced-in back and side yards. Perfectly located in the residential neighborhood of Villa Rica. Close distance to I-95, best schools shopping, restaurants & beaches. Villas De La Costa Condo Association has not been active for many years. No restrictions or fees. Great Rental Property. The other half of this villa is available for sale # 520 which is a 3/3 2-story townhouse with a 2-car garage. Also available in same community 521 NE 47th Street. All properties are rented by very long-term Tenants & they have been paying below fair market value. Tenant on Month to Month
Public Records
Oct 19, 1998
Sold
$240,000
$178/sq ft
Public Records
Jun 14, 1989
Sold
$37,500
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,200 (+22.1%)
$290,000
2024
$4,259 (+8.2%)
2023
$3,938 (+9.0%)
2022
$3,614 (+14.8%)
2021
$3,148 (+4.8%)
$161,000
2020
$3,003 (+0.3%)
$153,000
2019
$2,993 (+11.6%)
$153,000
2018
$2,683 (+5.9%)
$138,000
2017
$2,533 (+1.4%)
$128,000
2016
$2,498 (+0.6%)
$124,000
2015
$2,484 (−1.2%)
$120,000
2014
$2,515 (−0.3%)
2013
$2,524 (−1.4%)
2012
$2,561 (−0.9%)
2011
$2,583
Tax history for 518 NE 48th St
Year
Property tax
Land + Additions
Assessment*
2025
$5,200 (+22.1%)
$290,000
2024
$4,259 (+8.2%)
2023
$3,938 (+9.0%)
2022
$3,614 (+14.8%)
2021
$3,148 (+4.8%)
$161,000
2020
$3,003 (+0.3%)
$153,000
2019
$2,993 (+11.6%)
$153,000
2018
$2,683 (+5.9%)
$138,000
2017
$2,533 (+1.4%)
$128,000
2016
$2,498 (+0.6%)
$124,000
2015
$2,484 (−1.2%)
$120,000
2014
$2,515 (−0.3%)
2013
$2,524 (−1.4%)
2012
$2,561 (−0.9%)
2011
$2,583
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
1,350
Year built
1992
Style
Condo/Co-op
County
Palm Beach County
APN
06434708230005180
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
Property details
Parking
Parking Information
Has Garage
Garage Spaces: 1
Attached Garage: Yes
Covered Spaces: 1
Parking Features: Garage Door Opener, Guest, Strip/Slab, Garage, Attached Garage