NOT LISTED FOR SALE

506 N Palmway Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $790,721 - $915,000

2 Beds
2 Baths
1,850 Sq Ft
$459/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $714,000 $386 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,302/month

16 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Fireplace
  • Vaulted Ceiling
  • Sun or Florida Room
  • Jalousie or louvered window

About This Home

As of February 2022

Beautiful, spacious, single-family home in a coveted area of the Parrot Cove neighborhood! This move-in ready home at 506 North Palmway is just north of downtown Lake Worth Beach and walking distance to the golf course and beautiful intracoastal.
Open concept floor plan with three living areas all open to gourmet kitchen.
The large master suite with vaulted ceilings is newer construction
Master bath was partially remodeled in 2017 to offer a spa tub in addition to a large shower.
Open access to the pool from the master bath and master bedroom.
Back yard with luscious landscaping provides a private sanctuary for relaxing and entertaining. The stunning pool and decking was completely renovated in 2018.
Hardwood & tile floors, crown moulding, fireplace, and several hurricane windows.

Last Agent to Sell the Property

Chase Stites

LPT Realty, LLC License #3480152 Listed on: 02/11/2022

LPT Realty, LLC

Last Buyer's Agent

Jared Collin

Proper Realty Co License #3489278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,006

Year Built

  • Built in 1944

Lot Details

  • 6,750 Sq Ft Lot
  • West Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Jalousie or louvered window
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Impact Glass

Additional Features

  • Concrete Pool
  • Central Heating and Cooling System

Community Details

  • Lake Worth Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151640020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,006

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Federal Hwy turn east on 5th ave North then turn north on Palmway. Second house on the east side of the road
  • Year Built: 1944
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Fireplace, Main Level Master, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Some Gas Appliances, Disposal, Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 1850.0
  • Dining Room Type: Florida Room, Laundry, Storage Room, Utility Room
  • Window Features: Impact Glass, Jalousie, Other

Exterior Features

  • Exterior Features: Storm/Security Shutters
  • View: None
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Concrete, In Ground, Pool, Private
  • Pool Private: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Aluminum Siding, Frame, Other
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No

Lot Info

  • Parcel #: 38434421151640020
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7006.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2025
Sold by
Greenberg Bryan
Bought by
Greenberg Bryan and Collin Catherine
Current Estimated Value
$849,930

Purchase Details

Listed on
Feb 11, 2022
Closed on
Feb 28, 2022
Sold by
Stites Lynda M
Bought by
Greenberg Bryan
Seller's Agent
Chase Stites
LPT Realty, LLC
Buyer's Agent
Jared Collin
Proper Realty Co
List Price
$739,000
Sold Price
$714,000
Premium/Discount to List
-$25,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 25, 2017
Sold by
Gould James S and Gould Ann J
Bought by
Stites Lynda M
Seller's Agent
brian gleason
The Corcoran Group
Buyer's Agent
Chad Stites
Chad Stites Appraiser
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Jun 28, 2013
Sold by
Robinson Peter
Bought by
Gould Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Golden Joann and Devitian Tennant G
Bought by
Robinson Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Mactavish Theresa
Bought by
Golden Joann
Source: Public Records

Range of Values:

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Average Value
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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
Greenberg Bryan -- None Listed On Document
Greenberg Bryan $714,000 Closing Florida
Stites Lynda M $400,000 First American Title Insuran
Gould Ann $300,000 Attorney
Robinson Peter $200,000 Unlimited Title Corporation
Golden Joann $125,000 Palm Beach Land Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenberg Bryan $350,000
Previous Owner Gould Ann $285,000
Previous Owner Robinson Peter $50,000
Previous Owner Robinson Peter $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $714,000 -3.4% $386 / Sq Ft
02/11/2022 02/11/22 For Sale $739,000 +84.8% $399 / Sq Ft
09/25/2017 09/25/17 Sold $400,000 -5.9% $216 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $425,000 -- $230 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,484 $399,877 -- --
2023 $8,220 $388,230 $242,000 $314,256
2022 $7,034 $346,754 $0 $0
2021 $7,006 $336,654 $0 $0
2020 $7,316 $332,006 $0 $0
2019 $7,192 $324,542 $110,000 $214,542
2018 $7,349 $295,228 $100,776 $194,452
2017 $6,147 $244,142 $83,980 $160,162
2016 $4,041 $197,417 $0 $0
2015 $4,110 $196,045 $0 $0
2014 $4,110 $194,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chase Stites

    LPT Realty, LLC

    (561) 779-9393

    2 in this area

    8 Total Sales

    Chase Stites
    Section Image

  • J

    Buyer's Agent in 2022

    Jared Collin

    Proper Realty Co

    (561) 414-0750

    1 in this area

    5 Total Sales

    Jared Collin
    Section Image
  • brian gleason

    Seller's Agent in 2017

    brian gleason

    The Corcoran Group

    (561) 315-4020

    21 in this area

    55 Total Sales

    brian gleason
    Section Image

  • C

    Buyer's Agent in 2017

    Chad Stites

    Chad Stites Appraiser

    (561) 588-2550

    5 Total Sales

    Chad Stites
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10318067

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-164-0020

Florida Palm Beach County Lake Worth 33460 Parrot Cove

506 N Palmway, Lake Worth, FL

This home is located at 506 N Palmway, Lake Worth, FL 33460 since 11 February 2022 and is currently estimated at $849,930, approximately $459 per square foot. This property was built in 1944. 506 N Palmway is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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