$635,000
SOLD MAY 25, 2021

214 S Palmway Unit 1 Lake Worth, FL 33460

Bryant Park Neighborhood
-- Bed
-- Bath
2,234 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

4% Below List Price

66 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Bryant Park

About This Home

As of May 2021

Priced to Sell! Check out this amazing multi-family opportunity on one of the most sought after streets in Lake Worth Beach just 2 blocks to the intracoastal and downtown! 4 unit QUADPLEX consisting of two 1 bedroom/1 baths and 2 studios. All units remodeled in 2017. All units have central air: 1 brand new full unit and 3 mini splits. Recently replaced NEW roof, gutters, tankless water heater, coin laundry and all units have dishwashers and disposals and recently painted. Grounds have been well maintained and you don't want to miss this opportunity!

Last Agent to Sell the Property

Alexandra Herrick

Compass Florida LLC License #3332154 Listed on: 02/17/2021

Compass Florida LLC

Last Buyer's Agent

Daniel Hampson

Sutter & Nugent LLC License #3367754

Sutter & Nugent LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,862

Year Built

  • Built in 1950

Lot Details

  • 6,750 Sq Ft Lot
  • Sprinkler System

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,234 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150990050

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $17,973
  • Net Operating Income $31,927

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,862

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Lake Worth Road to Federal Highway to 2nd Avenue South S to Palmway.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2234.0

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 38434421150990050
  • Lot Size: 50.0 ft x 135.0 ft
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: MF-20(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 31927.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17973.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10862.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jun 9, 2021
Sold by
Antoncic Bryan and Haag Jessica
Bought by
South Palmway Rental Llc
Seller's Agent
Alexandra Herrick
Compass Florida LLC
Buyer's Agent
Daniel Hampson
Sutter & Nugent LLC
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%
Current Estimated Value
$821,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,152
Avg. Annual Appreciation
8.28%
Original Mortgage
$476,250
Outstanding Balance
$434,626
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$450,180

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 24, 2021
Sold by
Swan Sisters Llc
Bought by
Antoncic Bryan and Haag Jessica
Seller's Agent
Alexandra Herrick
Compass Florida LLC
Buyer's Agent
Daniel Hampson
Sutter & Nugent LLC
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$434,626
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$450,180

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 19, 2017
Sold by
214 S Palmway Llc
Bought by
Swan Sisters Llc
Seller's Agent
Alexis Shapiro
MRG Associates LLC
Buyer's Agent
Maribel De La Rocha
LAER Realty Partners Bowen/Wellington
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Mar 27, 2015
Sold by
Leischwitz Christoph
Bought by
14 S Palmway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 1999
Sold by
Caruso John and Caruso Linda
Bought by
Leischwitz Dieter

Purchase Details

Closed on
Jan 9, 1998
Sold by
Plunkett Alberta and Public Guardian Nad Trustee
Bought by
Caruso John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $635,000 Attorney
Warranty Deed $460,000 Attorney
Warranty Deed $244,000 Title Solutions Agency Llc
Warranty Deed $149,000 --
Quit Claim Deed $100 --
Deed $83,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,250 New Conventional
Closed $476,250 New Conventional
Previous Owner $341,250 New Conventional
Previous Owner $275,000 Commercial
Previous Owner $250,000 Balloon
Previous Owner $187,000 Unknown
Previous Owner $73,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 For Rent $1,500 -3.2% --
12/06/2021 12/06/21 Rented $1,550 +14.8% --
09/02/2021 09/02/21 For Rent $1,350 0.0% --
09/02/2021 09/02/21 Rented $1,350 0.0% --
05/25/2021 05/25/21 Sold $635,000 -3.6% $284 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $659,000 +43.3% $295 / Sq Ft
12/19/2017 12/19/17 Sold $460,000 -7.1% $206 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $495,000 -- $222 / 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 $15,126 $593,810 -- --
2023 $14,992 $594,067 $285,423 $308,644
2022 $14,334 $557,471 $0 $0
2021 $10,049 $357,872 $137,750 $220,122
2020 $10,862 $395,751 $220,000 $175,751
2019 $10,344 $398,297 $220,000 $178,297
2018 $9,077 $320,311 $187,110 $133,201
2017 $7,278 $241,863 $138,600 $103,263
2016 $6,803 $224,164 $0 $0
2015 $6,158 $181,484 $0 $0
2014 $5,894 $164,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Herrick

    Seller's Agent in 2021

    Alexandra Herrick

    Compass Florida LLC

    (561) 285-4283

    4 in this area

    92 Total Sales

    Alexandra Herrick
    Section Image

  • A

    Seller's Agent in 2021

    Alex Evert

    Sutter & Nugent LLC

    (561) 473-3839

    64 Total Sales

    Alex Evert
    Section Image

  • D

    Buyer's Agent in 2021

    Daniel Hampson

    Sutter & Nugent LLC

    (561) 249-7266

    2 in this area

    32 Total Sales

    Daniel Hampson
    Section Image

  • A

    Seller's Agent in 2017

    Alexis Shapiro

    MRG Associates LLC

    Section Image
  • Maribel De La Rocha

    Buyer's Agent in 2017

    Maribel De La Rocha

    LAER Realty Partners Bowen/Wellington

    (561) 827-7699

    10 Total Sales

    Maribel De La Rocha
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10693044

BeachesMLS

APN: 38-43-44-21-15-099-0050

Florida Palm Beach County Lake Worth 33460 Bryant Park

214 S Palmway Unit 1, Lake Worth, FL

This home is located at 214 S Palmway Unit 1, Lake Worth, FL 33460 and is currently priced at $635,000, approximately $284 per square foot. This property was built in 1950. 214 S Palmway Unit 1 is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community 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.

Nearby Homes