$1,299,000 - $1,901,000
RENTED AUG 22, 2024

1212 Lake Ave West Palm Beach, FL 33401

Grandview Heights Neighborhood
3 Beds
3 Baths
2,233 Sq Ft
$743 Price per Sq Ft

Last Sold August 13, 2018

Last sale price $625,000 $280 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $11,554/month

Highlights

  • Lanai
  • High Impact Windows
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Patio
  • 4-minute walk to Howard Park and Community Center

About This Home

As of August 2024

A Downtown Oasis Awaits. Welcome to 1212 Lake Avenue, a captivating boutique townhouse nestled in the heart of West Palm Beach's vibrant downtown. This exceptional property offers the perfect blend of urban convenience & tranquil serenity. Situated directly across from Howard Park, immerse yourself in the lush greenery & enjoy the park's newly added pickleball & tennis courts. Step outside your front door & discover the best of downtown living. City Place, the Convention Center, Kravis Center, The Armory Art Center, & Restoration Hardware are all within easy walking distance. Expansive Townhouse Living, spread out in style across 3 impeccable floors. This spacious townhouse boasts 3 bedrooms, 3.5 baths & a generous 2,700 sq ft of living space with exquisite quality & finishes.

Last Agent to Rent the Property

Susana Diaz Martinez

Cervera Real Estate, Inc. License #3570692 Listed on: 07/11/2024

Cervera Real Estate, Inc.

Co-Listed By

DR. LINDA SKOOG-SLUMAN

Cervera Real Estate, Inc. License #3592500

Last Renter's Agent

NON MEMBER

NON MEMBER FIRM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,673

Year Built

  • Built in 2018

Lot Details

  • East Facing Home

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,233 Sq Ft Home
  • 2-Story Property
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Security Deposit $276
  • 12 Month Lease Term
  • Assessor Parcel Number 74434328360000140

Community Details

Overview

  • Property has a Home Owners Association
  • 14 Units
  • Park Slope Community
  • Parkside Subdivision

Security

  • High Impact Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,673

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Subdivision Name: Parkside
  • Directions: From Dixie Highway, head west into the Grandview Heights neighborhood. Continue north to N Street. The property is located on the corner of Lake Avenue and N Street, just south of the Convention Center.
  • Architectural Style: Three + Story
  • Building Name: Park Slope
  • Year Built: 2018
  • Location Tax Legal:Name of Building: Park Slope
  • General Property Description:Living Area: 2233.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 14
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Contract Information:Deposit Amount: 276.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • Restrictions:Homeowners Assoc2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Electric, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other Flooring
  • Living Area: 2233.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Impact Windows
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: Other Services

Lot Info

  • Parcel #: 74434328360000140

Multi Family

  • Number Of Units Total: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Aug 14, 2018
Sold by
Park Slope Partners Llc
Bought by
Rajegowda Gopal
Seller's Agent
Sam Fisch
Real Estate Solutions
Buyer's Agent
Sam Fisch
Real Estate Solutions
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Current Estimated Value
$1,900,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,275,851
Avg. Annual Appreciation
16.08%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2017
Bought by
Park Slopoe Parnters Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rajegowda Gopal $625,000 Attorney
Park Slopoe Parnters Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajegowda Gopal $474,400
Closed Rajegowda Gopal $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Rented $8,200 -8.9% --
08/22/2024 08/22/24 Under Contract -- -- --
07/11/2024 07/11/24 For Rent $9,000 0.0% --
08/13/2018 08/13/18 Sold $625,000 -2.2% $284 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
10/28/2016 10/28/16 For Sale $639,000 -- $290 / 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 $12,673 $651,769 -- --
2023 $12,371 $632,785 $0 $0
2022 $12,259 $614,354 $0 $0
2021 $12,252 $596,460 $0 $0
2020 $12,195 $588,225 $0 $0
2019 $11,920 $575,000 $0 $575,000
2018 $1,385 $64,000 $0 $64,000
2017 $1,273 $58,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Susana Diaz Martinez

    Cervera Real Estate, Inc.

    (561) 651-1000

    7 Total Sales

    Section Image

  • D

    Landlord's Co-Listing Agent in 2024

    DR. LINDA SKOOG-SLUMAN

    Cervera Real Estate, Inc.

    (847) 922-4197

    3 Total Sales

    Section Image

  • N

    Tenant's Agent in 2024

    NON MEMBER

    NON MEMBER FIRM

  • Sam Fisch

    Seller's Agent in 2018

    Sam Fisch

    Real Estate Solutions

    (561) 523-2036

    23 Total Sales

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1053

APN: 74-43-43-28-36-000-0140

Florida Palm Beach County West Palm Beach 33401 Grandview Heights

1212 Lake Ave, West Palm Beach, FL

This home is located at 1212 Lake Ave, West Palm Beach, FL 33401 since 11 July 2024 and is currently priced at $1,659,028. This property was built in 2018. 1212 Lake Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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