NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 520 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $360,000 - $401,000

2 Beds
2 Baths
1,006 Sq Ft
43,560 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $394,000 $392 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,559/month

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Furnished
  • Intracoastal View
  • Gated Community
  • No HOA

About This Home

As of December 2023

Lucerne Condominium Downtown Lake Worth Beach Furnished 2/2 5th Floor with City, Intracoastal views.
Close to everything beach .8 mile, restaurants, shopping all around downtown location, golfing 7 blocks, airport 10 mis. Washer/dryer in unit, on site Gym, Indoor parking garage, Key FOB entry in gated parking garage.
Split bedroom plan. Balcony with Southeast Exposure with Downtown city, and Intracoastal views.
PRICE REDUCTION GREAT UNIT IN DOWNTOWN LAKE WORTH BEACH. ANNUAL LEASE -
FURNISHED MUST SEE.

Last Agent to Rent the Property

Clifford Lloyd

TriStar Real Estate Corp. License #0361013 Listed on: 08/17/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 1

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Secure Parking

Home Design

  • Elevated Home
  • Entry on the 5th floor
  • Flat Roof with Façade front
  • Built-Up Roof
  • Concrete Roof
  • Piling Construction

Interior Spaces

  • 1,006 Sq Ft Home
  • Furnished
  • Paddle Fans
  • Single Hung Metal Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Door Monitored By TV

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Southeast Facing Home

Listing and Financial Details

  • Property Available on 8/16/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 38434427640005200

Community Details

Overview

  • No Home Owners Association
  • Lucerne Condo
  • Lucerne Condo Subdivision
  • Property has 1 Level

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

1 Acres

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-08-16
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Directions: Lucerne is a One Way street going West from Federal. 511 Lucerne is 1 1/2 blocks west of Federal.Street Parking in front of Building on Lucerne is available no parking meters.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: LUCERNE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Furnished
  • Living Area: 1006
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Stories: 6
  • Window Features: Clear Impact Glass, Blinds, Single Hung Metal
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Built-Up, Concrete, Flat Roof With Facade Front
  • View: Intracoastal View, Other
  • Construction Type: Elevated Construction, Piling Construction
  • Direction Faces: Southeast
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LUCERNE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Paddle Fans
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Key Card Entry, Key/Card Entry Parking, TV Monitor

Condo/Co-op/Association

  • Amenities: Gated, Community Pool, Elevator(s), Exercise Room, Management On Site
  • Association: No
  • Community Features: Gated, Pool, Exercise Room

Lot Info

  • Parcel Number: 38434427640005200
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: CAC (cit
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 21, 2023
Sold by
Osullivan Martin
Bought by
Paglianti Michael F
Seller's Agent
Katarina Papazian MBA
RE/MAX Prestige Realty/WPB
Buyer's Agent
Clifford Lloyd
TriStar Real Estate Corp.
List Price
$415,000
Sold Price
$394,000
Premium/Discount to List
-$21,000
-5.06%
Views
82
Current Estimated Value
$377,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,751
Avg. Annual Appreciation
-1.63%
Original Mortgage
$133,000
Outstanding Balance
$129,499
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$247,750

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 7, 2021
Sold by
Druckman Karen Beth Migdai and Marcuccio Stephen
Bought by
Osullivan Martin
Seller's Agent
Ashley Alshut
LPT Realty, LLC
Buyer's Agent
Amy Sylvia
RE/MAX Prestige Realty/WPB
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 23, 2020
Sold by
Romano Ronald O
Bought by
Druckman Karen Beth Migdal and Marcuccio Stephen
Seller's Agent
Kingsley Itsede
Coastline Realty, Inc.
Buyer's Agent
Blair Alshut
LPT Realty, LLC
List Price
$255,900
Sold Price
$230,000
Premium/Discount to List
-$25,900
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%
Original Mortgage
$160,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2015
Closed on
Mar 6, 2015
Sold by
Caruso Linda
Bought by
Romano Ronald O and The Ronald O Romano Jr Revocable Living
Seller's Agent
Cindy Speering
Coastline Realty, Inc.
Buyer's Agent
Cindy Speering
Coastline Realty, Inc.
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%

Purchase Details

Closed on
Jul 12, 2006
Sold by
The Lucerne Llc
Bought by
Caruso Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paglianti Michael F $394,000 None Listed On Document
Osullivan Martin $269,000 First International Ttl Inc
Osullivan Martin $269,000 First International Title
Druckman Karen Beth Migdal $230,000 First International Ttl Inc
Romano Ronald O $225,000 First American Title Ins Co
Caruso Linda $294,211 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paglianti Michael F $133,000
Previous Owner Druckman Karen Beth Migdal $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Rented $2,375 -5.0% --
12/14/2023 12/14/23 Under Contract -- -- --
10/31/2023 10/31/23 Price Changed $2,500 -9.1% $2 / Sq Ft
10/08/2023 10/08/23 Price Changed $2,750 -8.3% $3 / Sq Ft
09/10/2023 09/10/23 Price Changed $2,999 -3.3% $3 / Sq Ft
08/30/2023 08/30/23 Price Changed $3,100 -11.4% $3 / Sq Ft
08/17/2023 08/17/23 For Rent $3,500 0.0% --
08/17/2023 08/17/23 Off Market $3,500 -- --
07/24/2023 07/24/23 Sold $394,000 -1.5% $392 / Sq Ft View Prior Sale
06/02/2023 06/02/23 Price Changed $400,000 -3.6% $398 / Sq Ft
04/21/2023 04/21/23 For Sale $415,000 +54.3% $413 / Sq Ft
04/20/2021 04/20/21 Sold $269,000 0.0% $267 / Sq Ft View Prior Sale
03/21/2021 03/21/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $269,000 +17.0% $267 / Sq Ft
04/13/2020 04/13/20 Sold $230,000 -10.1% $229 / Sq Ft View Prior Sale
03/14/2020 03/14/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $255,900 +13.7% $254 / Sq Ft
03/16/2015 03/16/15 Sold $225,000 0.0% $334 / Sq Ft View Prior Sale
03/13/2015 03/13/15 For Sale $225,000 -- $334 / Sq Ft
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 $7,152 $313,000 -- --
2024 $7,152 $313,000 -- --
2023 $6,262 $273,000 $0 $273,000
2022 $4,296 $224,400 $0 $0
2021 $4,619 $190,000 $0 $190,000
2020 $3,908 $190,000 $0 $190,000
2019 $3,730 $190,000 $0 $190,000
2018 $2,964 $120,000 $0 $120,000
2017 $2,952 $120,000 $0 $0
2016 $2,918 $120,000 $0 $0
2015 $2,850 $114,000 $0 $0
2014 $779 $51,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2023

    Clifford Lloyd

    TriStar Real Estate Corp.

    (305) 986-1753

    1 in this area

    8 Total Sales

    Clifford Lloyd
    Section Image
  • Katarina Papazian MBA

    Seller's Agent in 2023

    Katarina Papazian MBA

    RE/MAX

    (561) 414-3624

    9 in this area

    14 Total Sales

    Katarina Papazian MBA
    Section Image
  • Ashley Alshut

    Seller's Agent in 2021

    Ashley Alshut

    LPT Realty, LLC

    (561) 271-6847

    6 in this area

    64 Total Sales

    Ashley Alshut
    Section Image
  • Blair Alshut

    Seller Co-Listing Agent in 2021

    Blair Alshut

    LPT Realty, LLC

    (561) 271-6847

    5 in this area

    73 Total Sales

    Blair Alshut
    Section Image
  • Amy Sylvia

    Buyer's Agent in 2021

    Amy Sylvia

    RE/MAX

    (561) 541-5559

    2 in this area

    23 Total Sales

    Amy Sylvia
    Section Image
  • Kingsley Itsede

    Seller's Agent in 2020

    Kingsley Itsede

    Coastline Realty, Inc.

    (561) 588-2900

    2 in this area

    25 Total Sales

    Kingsley Itsede
    Section Image
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About The Lucerne

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11437404

MIAMI REALTORS® MLS

APN: 38-43-44-27-64-000-5200

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 520, Lake Worth, FL

Not Listed for Sale

Condos

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