NOT LISTED FOR SALE

518 S Atlantic Dr Lake Worth, FL 33462

South Palm Beach Area

Estimated Value: $1,188,837

3 Beds
2 Baths
1,350 Sq Ft
$881/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2021

Last sale price $650,000 $481 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,721 / mo

Highlights

  • Garden View
  • Patio
  • Terrazzo Flooring
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of May 2021

ISLAND LIVING!! Charming 3 Bedroom, 2 Bath home with terrazzo flooring throughout located on Hypoluxo Island. Huge Backyard. This private Florida retreat is walking distance to Beach, Waterfront Dining, Shops, Grocery Store, Pharmacy. Close to Beach, Kayak Park, Boat Ramp, Waterfront Dining, Spa. NO HOA

Last Buyer's Agent

Patricia Towle

Sotheby's Intl. Realty, Inc. License #3241091

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,807

Year Built

  • Built in 1963

Lot Details

  • 7,750 Sq Ft Lot
  • North Facing Home
  • Property is zoned R1A(ci

Home Design

  • Entry on the 1st floor
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Vertical Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Terrazzo Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Three-Phase Power

Additional Features

  • Patio
  • East of U.S. Route 1

Community Details

  • No Home Owners Association
  • Hypoluxo Island Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503010001490

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,807

Year Built

Built in 1963

Lot Details

7,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Directions: US1 to Ocean Avenue in Lantana. East on Ocean (over bridge). Take Right on S. Atlantic. Pass Stop sign and house is on Left.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.18
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: HYPOLUXO ISLAND ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 650000
  • ShowingTimeFlag: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Split Bedroom, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1350
  • Stories: 1
  • Window Features: Blinds, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Kitchen Dining
  • Living Room Features: Family Room, Laundry, Utility Room/Laundry

Exterior Features

  • Roof: Barrel, Barrel Roof
  • View: Garden
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: No Fire Protection, No Security
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Parcel Number: 40434503010001490
  • Lot Size Sq Ft: 7750
  • Zoning: R1A(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7807

Multi Family

  • Number Of Units In Community: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Jun 3, 2021
Sold by
Bought by
Buyer's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$1,188,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,837
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jul 15, 2019
Sold by
Bought by
Buyer's Agent
Kasee Vickery
Vickery Realty, Inc
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$391,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Title Of America Llc
$580,000 Citrus Title Ins Agcy Inc
-- Attorney
$460,000 Citrus Title Ins Agcy Inc
-- Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $450,000
Previous Owner $391,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2021 05/31/21 Sold $650,000 -13.3% $481 / Sq Ft
05/31/2021 05/31/21 For Sale $750,000 0.0% $556 / Sq Ft
08/15/2020 08/15/20 Rented $3,000 -45.5% --
07/16/2020 07/16/20 Under Contract -- -- --
11/11/2019 11/11/19 For Rent $5,500 0.0% --
07/18/2019 07/18/19 Sold $460,000 -1.1% $341 / Sq Ft View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $465,000 -- $344 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,920 $791,147
2024 $14,920 $720,896
2023 $14,217 $655,360 $0 $0
2022 $11,962 $569,964 $0 $0
2021 $9,727 $445,515 $333,500 $112,015
2020 $7,808 $343,893 $241,500 $102,393
2019 $6,442 $276,085 $253,000 $23,085
2018 $5,766 $248,934 $231,624 $17,310
2017 $5,608 $250,851 $231,624 $19,227
2016 $5,352 $215,548 $0 $0
2015 $4,827 $195,953 $0 $0
2014 $4,491 $178,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Buyer's Agent in 2021

    Patricia Towle

    Sotheby's Intl. Realty, Inc.

    (561) 568-9565

    17 Total Sales

    Patricia Towle
    Section Image
  • Kasee Vickery

    Seller's Agent in 2020

    Kasee Vickery

    Vickery Realty, Inc

    (561) 313-2720

    74 Total Sales

    Kasee Vickery
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10721409

MIAMI REALTORS® MLS

APN: 40-43-45-03-01-000-1490

Florida Palm Beach County Lake Worth 33462

518 S Atlantic Dr, Lake Worth, FL

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.

MIAMI REALTORS® MLS 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.

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