Why Live in Memorial Park
Memorial Park in Lake Worth Beach, Florida, is a neighborhood characterized by colorful houses and palm tree-lined streets, evoking an "Old Florida" atmosphere. Located conveniently near Interstate 95 and just 2 miles from the beach, the area has seen a resurgence as residents invest in modern upgrades. The neighborhood features a mix of ranch-style and minimal traditional homes, some with Spanish design elements, alongside larger condo buildings and duplexes. Memorial Park is known for its active community association, which organizes events like the popular Fourth of July Great American Raft Race. Outdoor enthusiasts can enjoy the nearby Intracoastal Waterway for fishing and boating, or head to Lake Osborne and John Prince Park for basketball, pickleball, tennis, and nature trails. The Custard Apple Trail, a historic nature trail, offers opportunities to spot local wildlife. Dining options are plentiful along Lake and Lucerne Avenues, with favorites like Benny’s on the Beach, Mario’s, The Irish Brigade, and Lilo’s Streetfood & Bar, which also houses The Library, a speakeasy with craft cocktails and live music. For groceries, there’s a nearby Publix, and the Lake Worth Playhouse provides a cultural hub for independent films and local performances. While the neighborhood has a lower crime risk compared to the national average, residents may experience some traffic noise from Interstate 95 and nearby railroad tracks. Pinecrest Cemetery, a historic site with graves dating back to the 1890s, adds a touch of local history.
Home Trends in Memorial Park, FL
On average, homes in Memorial Park, Lake Worth sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Memorial Park, Lake Worth over the last 12 months is $347,500, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$347,500
Median Single Family Sale Price
$350,000
Median 1 Bedroom Sale Price
$148,000
Average Price Per Sq Ft
$316
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$375,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%