$1,450,000
SOLD MAY 31, 2024

1179 S Atlantic Dr Lake Worth, FL 33462

3 Beds
2 Baths
2,288 Sq Ft
0.27 Acres

Recently Sold

$634 Per Sq Ft

26% Below List Price

287 Days on Market

Highlights

  • Outdoor Pool
  • Marble Flooring
  • Lanai
  • Waterfront
  • Bermuda Architecture
  • Wine Refrigerator

About This Home

As of May 2024

Best Buy on Hypoluxo Island: Newly priced at 15% less than the appraisal price! Opportunity to own this classically designed home, only blocks from the ocean and beachfront activities. Located on exclusive Hypoluxo Island, this 3-bedroom, 2.5 bath residence features a private master suite, open floor plan, spacious Florida Room overlooking the pool, 2-car garage, tumbled marble flooring and a full house generator. Remodel to taste or enjoy As-Is. The fully enclosed, 402 sq ft Florida Room is not included in the Living Area square footage. (See Floorplan in Photos.) Hypoluxo Island is an upscale waterfront community of 300 homes, connected by a bridge to the mainland. It is walking distance to the beach, shops, restaurants, nature preserve and a 5-star Spa Hotel Resort.

Last Agent to Sell the Property

Patricia Towle

Sotheby's International Realty, Inc. License #SL-3241091 Listed on: 05/01/2024

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,759

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Sprinkler System
  • Property is zoned R1A

Parking

  • 2 Car Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,288 Sq Ft Home
  • Sliding Windows
  • Casement Windows
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 40434503210001040

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,759

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 130
  • Subdivision Name: Hypoluxo Island
  • Directions: South Hypoluxo Island, at traffic light, just west of the Plaza del Mar (A1A). Continue south on S. Atlantic Drive until you reach property on west side of street.
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Tax Legal:Zoned: R1A
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 8758.76
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2288.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 130
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 11761
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Wndw Trmnts Included
  • Living Area: 2288.0
  • Window Features: Casement, Sliding
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 40434503210001040
  • Zoning: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8758.76
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 23, 2024
Sold by
Frank Martucci Declaration Of Trust and Klewicki Gail
Bought by
Lapidus Kathryn
Seller's Agent
Patricia Towle
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,950,000
Sold Price
$1,450,000
Premium/Discount to List
-$500,000
-25.64%
Views
223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.03%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Martucci Frank
Bought by
Martucci Frank and Frank Martucci Declaration Of Trust

Purchase Details

Closed on
Dec 30, 1996
Sold by
Mccurley Emory D and Mccurley Hilary
Bought by
Martucci Frank and Martucci Lillian

Purchase Details

Closed on
Apr 27, 1995
Sold by
Warnock Olen M and Warnock Olen Malcolm
Bought by
Mccurley Emory Dale and Mccurley Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.35%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,450,000 Citrus Title Insurance Agency
Interfamily Deed Transfer -- Attorney
Warranty Deed $380,000 --
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $2,495,000 +72.1% $1,090 / Sq Ft
05/31/2024 05/31/24 Sold $1,450,000 -3.3% $634 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $1,500,000 -6.2% $656 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,599,999 -5.9% $699 / Sq Ft
03/25/2024 03/25/24 Price Changed $1,699,999 -4.2% $743 / Sq Ft
01/19/2024 01/19/24 Price Changed $1,775,000 -5.3% $776 / Sq Ft
01/10/2024 01/10/24 Price Changed $1,875,000 -1.1% $819 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,895,995 -2.8% $829 / Sq Ft
08/10/2023 08/10/23 For Sale $1,950,000 -- $852 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,207 $1,000,887 -- --
2023 $8,734 $465,795 $0 $0
2022 $8,759 $452,228 $0 $0
2021 $8,743 $439,056 $0 $0
2020 $8,772 $432,994 $0 $0
2019 $8,650 $423,259 $0 $0
2018 $8,263 $415,367 $0 $0
2017 $8,118 $406,824 $0 $0
2016 $8,023 $398,456 $0 $0
2015 $8,183 $395,686 $0 $0
2014 $8,193 $392,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1273

APN: 40-43-45-03-21-000-1040