NOT LISTED FOR SALE

Estimated Value: $230,727 - $292,000

2 Beds
2 Baths
1,155 Sq Ft
$750/mo HOA Fee

Last Sold August 15, 2023

Last sale price $224,435 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,349/month

79 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Elevator

About This Home

As of August 2023

A truly rare find! Absolutely the best direct East panoramic intracoastal water view 2 bedroom/2 bath condo on the Northeast corner of the building! Water views from every room! Enjoy spectacular intracoastal views and sunrises while sipping your coffee or tea from the large screened-in covered patio. Freshly painted walls and ceilings! Ready to choose your own upgrades and luxurious customizations. Located in one of the most sought-after areas in South Florida, Lake Worth Beach offers a lifestyle second to none that includes world class dining, shopping, and entertainment. The Palm Lake community features a pool, clubhouse with pool table and library area. Just minutes to either Lake Worth or Lantana beaches! Age restricted 55+ community.

Last Agent to Sell the Property

Keith Korpi

Coastal Classic Realty License #3089591 Listed on: 05/10/2023

Last Buyer's Agent

Marjo Maier

Palm Beach Team Florida Real Estate License #3272066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1973

Lot Details

  • 8.52

HOA Fees

  • $750 Monthly HOA Fees

Interior Spaces

  • 1,155 Sq Ft Home
  • 4-Story Property
  • Sliding Windows
  • Combination Dining and Living Room
  • Concrete Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 38434434150013120

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, sewer, trash, water
  • High-Rise Condominium
  • Palm Lake 1 Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,084

Year Built

Built in 1973

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to 6th Ave S exit. Go East past Dixie Hwy, and past Federal Hwy to South Lakeside. Turn right going South. Property will be on the left side. It's the North building in Palm Lake.
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Living Area: 1155.0
  • Stories: 4
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750.0
  • Community Features: Clubhouse, Non-Gated, Pool, Street Lights, Sidewalks
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434434150013120
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4084.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Aug 15, 2023
Sold by
Robert M May Revocable Trust
Bought by
Mccamey Marjorie Luciana
Seller's Agent
Keith Korpi
Coastal Classic Realty
Buyer's Agent
Marjo Maier
Palm Beach Team Florida Real Estate
List Price
$289,000
Sold Price
$224,435
Premium/Discount to List
-$64,565
-22.34%
Views
217
Current Estimated Value
$253,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,247
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
May 6, 2014
Sold by
May Robert M
Bought by
May Robert M and Robert M May Revocable Trust
Source: Public Records

Range of Values:

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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
Mccamey Marjorie Luciana $224,435 None Listed On Document
Mccamey Marjorie Luciana $224,435 None Listed On Document
May Robert M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Robert M $150,000
Previous Owner May Robert M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $224,435 -22.3% $194 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $289,000 -- $250 / 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 $2,599 $215,200 -- --
2023 $4,697 $189,499 $0 $235,200
2022 $4,084 $172,272 $0 $0
2021 $782 $53,353 $0 $0
2020 $781 $52,616 $0 $0
2019 $781 $51,433 $0 $0
2018 $758 $50,474 $0 $0
2017 $739 $49,436 $0 $0
2016 $708 $48,419 $0 $0
2015 $715 $48,082 $0 $0
2014 $713 $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10888672

BeachesMLS

APN: 38-43-44-34-15-001-3120