$525,000
SOLD NOV 18, 2024

127 Lakeview Ave Lantana, FL 33462

East Ocean Avenue Neighborhood
-- Bed
-- Bath
1,606 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

16% Below List Price

177 Days on Market

Highlights

  • Garden View
  • Patio
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Shed
  • Awning

About This Home

As of November 2024

Discover a rare gem nestled just a block away from the serene Intracoastal Waterway. This charming duplex offers an ideal blend of comfort, convenience, and investment potential, perfect for the discerning buyer. The 2 bedroom/1 bath front unit features a spacious living area, crown molding, separate breakfast area, a screened-in patio with separate laundry room and newer AC. The 1 bedroom/1 bath rear unit stands as a private haven with newer laminate flooring, large kitchen, newer electric panel and spacious open patio, ideal for outdoor dining and entertainment. Both units feature beautifully updated kitchens and bathrooms, Accordion shutters, separate water and electric meters, storage shed and plenty of parking for residents and guests alike. The property is being sold fully furnished

Last Agent to Sell the Property

Brian Boles

RE/MAX Services License #655160 Listed on: 05/24/2024

RE/MAX Services

Last Buyer's Agent

Suzelle Innocent

First World Realty Group,LLC License #3500563

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1956

Lot Details

  • 6,273 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,606 Sq Ft Home
  • 1-Story Property
  • Awning
  • Blinds
  • Garden Views

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Community Details

  • 2 Units
  • Lakeview Manors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434434070010050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to Lantana Rd exit, go east to Federal Highway, then north to Lakeview Ave. Turn right and property is on the left.
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1606.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Awning(s), Fence, Patio, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Other, Shingle

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434434070010050
  • Lot Size: < 1/4 Acre,East of US-1
  • Lot Size Sq Ft: 6273.0
  • Zoning Description: R15(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5850.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 28, 2024
Sold by
Duke James B and Duke Benjamin
Bought by
Fadael Christiane C and Fadael Fanel
Seller's Agent
Brian Boles
RE/MAX Services
Buyer's Agent
Suzelle Innocent
First World Realty Group,LLC
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%
Views
34
Current Estimated Value
$521,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,032
Avg. Annual Appreciation
2.48%
Original Mortgage
$420,000
Outstanding Balance
$417,936
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$116,002

Purchase Details

Closed on
Oct 6, 2021
Sold by
Duke James A
Bought by
Duke James A and Duke Delores

Purchase Details

Closed on
May 30, 1996
Sold by
Duke Kerry T
Bought by
Duke James A

Purchase Details

Closed on
Jan 7, 1994
Sold by
Williams Chester R and Williams Jacqualine J
Bought by
Williams Chester R and Williams Jacqualine J
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 Type Sale Price Title Company
Warranty Deed $525,000 Corporate Title
Warranty Deed $525,000 Corporate Title
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed $100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Closed $420,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $525,000 -4.5% $327 / Sq Ft
08/01/2024 08/01/24 Price Changed $549,900 -7.6% $342 / Sq Ft
05/29/2024 05/29/24 Price Changed $595,000 -4.8% $370 / Sq Ft
05/24/2024 05/24/24 For Sale $625,000 -- $389 / Sq Ft
Source: BeachesMLS

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 $6,381 $224,214 -- --
2023 $5,850 $203,831 $202,914 $164,270
2022 $5,635 $185,301 $0 $0
2021 $4,915 $264,237 $123,377 $140,860
2020 $4,460 $225,581 $94,500 $131,081
2019 $4,408 $239,515 $99,000 $140,515
2018 $3,838 $201,698 $81,443 $120,255
2017 $3,482 $186,717 $65,154 $121,563
2016 $3,271 $104,597 $0 $0
2015 $3,059 $95,088 $0 $0
2014 $2,792 $86,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brian Boles

    RE/MAX

  • S

    Buyer's Agent in 2024

    Suzelle Innocent

    First World Realty Group,LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10990259

BeachesMLS

APN: 40-43-44-34-07-001-0050

Florida Palm Beach County Lantana 33462 East Ocean Avenue

127 Lakeview Ave, Lantana, FL

This home is located at 127 Lakeview Ave, Lantana, FL 33462 and is currently priced at $525,000, approximately $326 per square foot. This property was built in 1956. 127 Lakeview Ave is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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