1511 S Palmway Lake Worth, FL 33460
South Palm Park Neighborhood
2
Beds
2
Baths
912
Sq Ft
7,501
Sq Ft Lot
Highlights
- RV Access or Parking
- Garden View
- Park
- Room in yard for a pool
- Patio
- Laundry Room
About This Home
As of November 2024Welcome to downtown Lake Worth Beach in the South Palm Park neighborhood! This beautifully renovated cottage is a 2-bedroom, 2-bath home and is located in the highly desirable Historic District of Lake Worth Beach. The home is just one block from the intracoastal, 1.5 miles to Bryant Park and Lake Worth Beach. Every detail has been upgraded, including a new roof, hurricane impact windows, open modern kitchen, updated bathrooms, new laminate flooring throughout, LG appliances w/ double oven, crown molding, and a coffered ceiling. The exterior shines with fresh stucco, paint, irrigation, and landscaping. Enjoy the spacious backyard from the covered porch, featuring a 10x12 air-conditioned CBS utility/workroom and plenty of space for a pool. Come check out what Lake Worth Beach is all about
Last Agent to Sell the Property
Coastal Classic Realty License #3378155 Listed on: 09/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,876
Year Built
- Built in 1926
Lot Details
- 7,501 Sq Ft Lot
- Fenced
- Sprinkler System
- Property is zoned SF-R(c
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 912 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Laminate Flooring
- Garden Views
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Stacked Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Driveway
- On-Street Parking
- RV Access or Parking
Outdoor Features
- Room in yard for a pool
- Patio
- Shed
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 38434427010850110
- Seller Considering Concessions
Community Details
Recreation
- Park
- Trails
Additional Features
- Lake Worth Town Of Add 1 Subdivision
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Nov 11, 2024
Sold by
Branch William Michael and Khan Andre Rahman
Bought by
1511 Palmway Llc
Seller's Agent
Blair Alshut
Coastal Classic Realty
Buyer's Agent
Alexis King
Douglas Elliman
List Price
$634,900
Sold Price
$575,000
Premium/Discount to List
-$59,900
-9.43%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$402,500
Outstanding Balance
$400,596
Interest Rate
6.32%
Mortgage Type
Balloon
Estimated Equity
$206,655
Purchase Details
Listed on
Dec 6, 2022
Closed on
Feb 9, 2023
Sold by
Destout Louis J and Destout Anne Elizabeth
Bought by
Khan Andre Rahman and Branch William Michael
Seller's Agent
Laurel Dunay
Champagne & Parisi Real Estate
Buyer's Agent
Michael Cote
Coldwell Banker Realty
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$448,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 15, 2021
Closed on
May 7, 2021
Sold by
Vanvliet Hans Peter
Bought by
Destout Louis and Destout Anne
Seller's Agent
Adam Raizin
LoKation
Buyer's Agent
Adam Raizin
LoKation
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.65%
Purchase Details
Closed on
Jan 5, 1999
Sold by
Tompkins Martin and Tompkins Doris E
Bought by
Vanvliet Hans-Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.87%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | None Listed On Document | |
| Warranty Deed | $575,000 | None Listed On Document | |
| Warranty Deed | $560,000 | -- | |
| Warranty Deed | $175,000 | Brownstone Title Svcs Llc | |
| Warranty Deed | $119,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,500 | Balloon | |
| Closed | $402,500 | Balloon | |
| Previous Owner | $448,000 | New Conventional | |
| Previous Owner | $66,962 | New Conventional | |
| Previous Owner | $95,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $599,000 | -4.2% | $499 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $625,000 | +8.7% | $521 / Sq Ft |
| 11/14/2024 11/14/24 | Sold | $575,000 | -4.2% | $630 / Sq Ft |
| 10/11/2024 10/11/24 | Price Changed | $599,900 | -3.2% | $658 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $619,900 | -2.4% | $680 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $634,900 | +13.4% | $696 / Sq Ft |
| 02/09/2023 02/09/23 | Sold | $560,000 | -5.9% | $614 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 12/06/2022 12/06/22 | For Sale | $595,000 | +240.0% | $652 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $175,000 | -5.4% | $192 / Sq Ft |
| 04/15/2021 04/15/21 | For Sale | $185,000 | -- | $203 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $6,104 | $292,313 | -- | -- |
| 2023 | $8,876 | $368,344 | $0 | $0 |
| 2022 | $8,100 | $334,858 | $0 | $0 |
| 2021 | $2,263 | $117,969 | $0 | $0 |
| 2020 | $2,235 | $116,340 | $0 | $0 |
| 2019 | $2,181 | $113,724 | $0 | $0 |
| 2018 | $2,081 | $111,604 | $0 | $0 |
| 2017 | $2,036 | $109,309 | $0 | $0 |
| 2016 | $1,974 | $107,061 | $0 | $0 |
| 2015 | $2,002 | $106,317 | $0 | $0 |
| 2014 | $2,001 | $105,473 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence Mastropieri
Seller's Agent in 2025
Lawrence Mastropieri
Mastropieri Group LLC
(561) 544-7000
1 in this area
539 Total Sales
-
Lyndee Hennessy
L
Seller Co-Listing Agent in 2025
Lyndee Hennessy
Mastropieri Group LLC
(561) 823-1749
9 Total Sales
-
Blair Alshut
Seller's Agent in 2024
Blair Alshut
Coastal Classic Realty
(561) 271-6847
3 in this area
68 Total Sales
-
Ashley Alshut
Seller Co-Listing Agent in 2024
Ashley Alshut
Coastal Classic Realty
(561) 271-6847
4 in this area
55 Total Sales
-
Alexis King
A
Buyer's Agent in 2024
Alexis King
Douglas Elliman
(904) 576-3797
1 in this area
20 Total Sales
-
Lauren Mathews
L
Buyer Co-Listing Agent in 2024
Lauren Mathews
Douglas Elliman (Jupiter)
(561) 653-6195
1 in this area
37 Total Sales
Map
Source: BeachesMLS
MLS Number: R11018248
APN: 38-43-44-27-01-085-0110
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