NOT LISTED FOR SALE

Estimated Value: $1,180,021 - $2,287,000

1 Bed
1 Bath
600 Sq Ft
$2,586/Sq Ft Est. Value

Highlights

  • Boat Ramp
  • Wood Flooring
  • Sun or Florida Room
  • Vaulted Ceiling
  • Garden View
  • Corner Lot

About This Home

As of April 2023

Welcome to the Wedgewood one of the most prestigious, historic properties in downtown Lake Worth Beach. It is 1 block from the intracoastal, walking distance to Bryant Park and minutes to the beach. This 1 bedroom 1 bathroom apartment has hardwood floors central a/c and three closet spaces. This open courtyard community is perfect for those who want to be walking distance to the downtown night life! It even comes with your own private courtyard. Coin laundry on premises. Dogs under 20 lbs welcome (no agressive breeds please).. 1 cat ok.. with $250 non refundable pet deposit.. Call today for your private showing!

Last Agent to Rent the Property

Ashley Alshut

LPT Realty, LLC License #3317125 Listed on: 03/30/2023

LPT Realty, LLC

Co-Listed By

Blair Alshut

LPT Realty, LLC License #3378155

LPT Realty, LLC

Last Renter's Agent

Blair Alshut

LPT Realty, LLC License #3378155

LPT Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,289

Year Built

  • Built in 1947

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views
  • Security Gate
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Corner Lot

Listing and Financial Details

  • Property Available on 3/30/23
  • Assessor Parcel Number 38434421150970151

Community Details

Recreation

  • Boat Ramp
  • Boating
  • Trails

Additional Features

  • Lake Worth Town Of Subdivision
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,289

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-03-30

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: ONE BLOCK FROM THE INTRACOASTAL ON PALMWAY AND 3RD AVE S
  • Year Built: 1947
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Wood
  • Living Area: 600.0
  • Dining Room Type: Florida Room

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Laundry, Trail(s)

Lot Info

  • Parcel #: 38434421150970151
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Corner Lot,East of US-1,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wedgewood On Palmway Llc and Scott Gary
Bought by
Garcia Nichole
Current Estimated Value
$1,551,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,500
Outstanding Balance
$573,563
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$977,942

Purchase Details

Closed on
Mar 12, 2019
Sold by
Blagojevic Ljubica
Bought by
Wedgewood On Palmway Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Nichole $1,165,000 None Listed On Document
Wedgewood On Palmway Llc -- None Listed On Document
Wedgewood On Palmway Llc $1,125,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Nichole $582,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2023 04/01/23 Rented $1,750 0.0% --
03/31/2023 03/31/23 Under Contract -- -- --
03/30/2023 03/30/23 For Rent $1,750 +34.6% --
12/11/2019 12/11/19 Rented $1,300 0.0% --
11/11/2019 11/11/19 Under Contract -- -- --
10/17/2019 10/17/19 For Rent $1,300 -- --
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 $16,289 $612,159 -- --
2023 $15,271 $556,508 $0 $0
2022 $14,338 $505,916 $0 $0
2021 $12,436 $459,924 $186,500 $273,424
2020 $12,387 $454,730 $220,000 $234,730
2019 $11,278 $454,784 $220,000 $234,784
2018 $10,006 $388,143 $187,110 $201,033
2017 $9,030 $317,533 $138,600 $178,933
2016 $8,789 $310,976 $0 $0
2015 $8,864 $306,135 $0 $0
2014 $8,620 $292,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10877667

BeachesMLS

APN: 38-43-44-21-15-097-0151