NOT LISTED FOR SALE

3 18th Ave S Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $2,489,000

0.37 Acres
$6,692,659 Price per Acre
16,200 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $1,650,000

Est. 51% increase in value since last sale

Current estimated payment $15,436/month

41 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • No HOA
  • Unrestricted saltwater access
  • 0.37 Acre Lot
  • Landscaped with Trees

About This Lot

As of October 2023

This extraordinary Intracoastal frontage lot offers panoramic views and wonderful possibilities for construction with ocean access without fixed bridge. Lay claim to one of the few remaining buildable parcels with 75 ft of direct Intracoastal frontage. The new seawall and cap were completed in 2018. The previous owner secured a mangrove removal exemption and permit, revealing awe-inspiring, sweeping water views across the widest stretch of the Intracoastal Waterway, positioned at the northern tip of Hypoluxo Island. Tucked away in a serene cul-de-sac, this location grants you the tranquility you desire, making it an exceptional opportunity for your waterfront dreams to become a reality

Last Agent to Sell the Property

Randi Levine

Silmar Realty License #3143962 Listed on: 09/19/2023

Co-Listed By

Daniel Silverstein

Silmar Realty License #3354788

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,780

Lot Details

  • 0.37 Acre Lot
  • 75 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned SF-R (ci

Listing and Financial Details

  • Assessor Parcel Number 38434434050000120

Community Details

Overview

  • No Home Owners Association
  • South Palm Park Condos
  • South Palm Park Subdivision

Recreation

  • Unrestricted saltwater access

Property Details

Property Type

Land

Est. Annual Taxes

$16,780

Lot Details

0.37 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: SMRR01
  • Co List Office Phone: 786-673-2881
  • Directions: N. Dixie Hwy to 18th Ave S. Go East on 18th to address
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Lot Size Acres: 0.3719
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SOUTH PALM PARK
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Primary

Exterior Features

  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SOUTH PALM PARK

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 38434434050000120
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 16200
  • Zoning: SF-R (ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 31, 2023
Sold by
Middleit Llc
Bought by
Silberstein Peter and Silberstein Louise Morrell
Seller's Agent
Randi Levine
Silmar Realty
List Price
$1,900,000
Sold Price
$1,650,000
Premium/Discount to List
-$250,000
-13.16%
Views
58
Current Estimated Value
$2,489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,000
Avg. Annual Appreciation
15.87%

Purchase Details

Listed on
Dec 14, 2022
Closed on
Mar 24, 2023
Sold by
Yee Alan David and Yee Jennifer
Bought by
Middleit Llc
Seller's Agent
CJ Minardi
Illustrated Properties
Buyer's Agent
Randi Levine
Silmar Realty
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.91%

Purchase Details

Listed on
Feb 15, 2016
Closed on
Oct 27, 2016
Sold by
Taylor Samson J and Taylor Bramwell J
Bought by
Yee Alan David
Seller's Agent
Nicholas Klein
Waterfront Properties & Club C
Buyer's Agent
Nicholas Klein
Waterfront Properties & Club C
List Price
$700,000
Sold Price
$550,000
Premium/Discount to List
-$150,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
May 1, 2002
Sold by
Jankun Stephen F
Bought by
Taylor Bramwell J

Purchase Details

Closed on
Nov 3, 1999
Sold by
Bailey Joyce A
Bought by
Moschetto Peter
Source: Public Records
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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
Silberstein Peter $1,650,000 None Listed On Document
Middleit Llc $1,400,000 --
Yee Alan David $550,000 Harbor Land Title Llc
Taylor Bramwell J $450,000 --
Moschetto Peter $137,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $1,650,000 -13.2% --
09/19/2023 09/19/23 For Sale $1,900,000 +35.7% --
03/24/2023 03/24/23 Sold $1,400,000 -6.7% -- View Prior Sale
03/01/2023 03/01/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $1,500,000 +172.7% --
10/27/2016 10/27/16 Sold $550,000 -21.4% -- View Prior Sale
09/27/2016 09/27/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $700,000 -- --
Source: MIAMI REALTORS® MLS

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
2025 $29,830 $1,435,413 -- --
2024 $29,830 $1,330,263 -- --
2023 $17,937 $632,225 $0 $0
2022 $16,780 $574,750 $0 $0
2021 $13,470 $657,000 $657,000 $0
2020 $11,515 $475,000 $475,000 $0
2019 $12,198 $500,000 $500,000 $0
2018 $12,100 $507,022 $507,022 $0
2017 $12,062 $507,022 $507,022 $0
2016 $11,923 $507,022 $0 $0
2015 $11,910 $486,903 $0 $0
2014 $11,114 $442,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Randi Levine

    Silmar Realty

    (305) 949-6278

    2 in this area

    10 Total Sales

    Randi Levine
    Section Image

  • C

    Seller's Agent in 2023

    CJ Minardi

    Illustrated Properties

    (772) 618-3507

    1 in this area

    44 Total Sales

    CJ Minardi
    Section Image
  • Daniel Silverstein

    Seller Co-Listing Agent in 2023

    Daniel Silverstein

    Silmar Realty

    (305) 528-5371

    1 in this area

    44 Total Sales

    Daniel Silverstein
    Section Image

  • N

    Seller's Agent in 2016

    Nicholas Klein

    Waterfront Properties & Club C

    (561) 254-9324

    20 Total Sales

    Nicholas Klein
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11455618

MIAMI REALTORS® MLS

APN: 38-43-44-34-05-000-0120

Florida Palm Beach County Lake Worth 33460 South Palm Park

3 18th Ave S, Lake Worth, FL

Not Listed for Sale

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