1331 S Palmway Lake Worth, FL 33460
South Palm Park NeighborhoodEstimated payment $4,562/month
Highlights
- Room in yard for a pool
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Garden View
About This Home
****Seller offering $5,000 closing costs to buyer***Come see this beautiful single family home w/ attached in-law suite in a very desirable area of Lake Worth Beach. This home can be used as multi-generational home or as a great income producer. No HOA!! This home features 3 bedrooms and 2 full bathrooms in the main house and 1 bedroom and 1 bathroom in the in-law suite, which also has a separate entrance. Located on the corner of S. Palmway with plenty of yard space for a pool or tropical oasis and within walking distance to the intracoastal, for all the marine enthusiasts to enjoy! Come see this home today!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,546
Year Built
- Built in 1962
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,066 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Garden Views
Schools
- Lantana Community Middle School
- Lake Worth High School
Additional Features
- Room in yard for a pool
- 9,750 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 38434427010670151
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- Lake Worth Town Of Add 1 Subdivision
Building Details
- Operating Expense $10,500
- Net Operating Income $39,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,546 | $538,214 | -- | -- |
| 2023 | $11,698 | $495,320 | $0 | $0 |
| 2022 | $10,718 | $450,291 | $0 | $0 |
| 2021 | $5,741 | $266,662 | $0 | $0 |
| 2020 | $5,690 | $262,980 | $0 | $0 |
| 2019 | $5,588 | $257,067 | $0 | $0 |
| 2018 | $5,018 | $237,914 | $0 | $0 |
| 2017 | $4,856 | $231,104 | $0 | $0 |
| 2016 | $4,557 | $217,299 | $0 | $0 |
| 2015 | $4,412 | $205,505 | $0 | $0 |
| 2014 | $4,178 | $194,635 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $649,999 | -3.0% | $315 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $670,000 | -4.3% | $324 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $699,900 | +23.0% | $339 / Sq Ft |
| 02/14/2023 02/14/23 | Sold | $569,000 | 0.0% | $275 / Sq Ft |
| 01/03/2023 01/03/23 | For Sale | $569,000 | 0.0% | $275 / Sq Ft |
| 01/03/2023 01/03/23 | Price Changed | $569,000 | -3.4% | $275 / Sq Ft |
| 12/06/2022 12/06/22 | Off Market | $589,000 | -- | -- |
| 10/18/2022 10/18/22 | For Sale | $589,000 | 0.0% | $285 / Sq Ft |
| 08/01/2021 08/01/21 | Rented | $2,300 | +4.5% | -- |
| 07/02/2021 07/02/21 | Under Contract | -- | -- | -- |
| 06/30/2021 06/30/21 | For Rent | $2,200 | 0.0% | -- |
| 10/16/2012 10/16/12 | Sold | $165,000 | -5.7% | $80 / Sq Ft |
| 09/16/2012 09/16/12 | Pending | -- | -- | -- |
| 05/27/2012 05/27/12 | For Sale | $175,000 | -- | $85 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $569,000 | Mason Title | |
| Quit Claim Deed | $70,000 | Tlc National Title Company | |
| Warranty Deed | $165,000 | United Title Agencies I Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | $1,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,693 | FHA | |
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $238,200 | New Conventional | |
| Previous Owner | $162,011 | FHA | |
| Previous Owner | $72,200 | Credit Line Revolving |
Source: BeachesMLS
MLS Number: R11095322
APN: 38-43-44-27-01-067-0151
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