NOT LISTED FOR SALE

530 S Federal Hwy Unit 1 Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $366,251 - $490,000

2 Beds
2.5 Baths
1,467 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $350,000 $239 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,018/month

24 Days on Market

Highlights

  • Water Views
  • Roman Tub
  • Attic
  • Clubhouse
  • Mediterranean Architecture
  • Corner Lot

About This Home

As of April 2023

More pictures coming this week. This one is a gem in downtown Lake Worth. High-end development. 3 levels. Quite spacious. 9-10 foot ceilings. Lots of natural light with windows on 3 sides. Central vacuum system for whole house. Private garage parking for 2 cars attached to unit. Small community pool directly behind town-home. Easy walking distance to downtown Lake Worth Beach with its unique restaurants & boutiques. Easy 15 walk to the beach if you like. Otherwise, a 2 minute drive. Quick access to 95 freeway. Stainless steel appliances. W/D in unit. Pets allowed with restrictions - no aggressive breeds! All age complex. This one won't last! Must own 6 months before RENTING. No Airbnb/Short Term Rentals.

Last Agent to Sell the Property

John Nuszer

Coldwell Banker Realty License #3387807 Listed on: 02/21/2023

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,596

Year Built

  • Built in 2006

Lot Details

  • 1,396 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,467 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Intercom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427670000010

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, roof
  • 36 Units
  • Cloisters At Lake Worth Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,596

Year Built

Built in 2006

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 6th Ave S exit off 95 freeway. Head East on 6th Ave South all the way to Federal Hwy. Park in neighborhood streets on East side of complex.
  • Year Built: 2006
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Pantry, Separate Shower, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1467.0
  • Dining Room Type: Attic, Laundry
  • Stories: 3
  • Window Features: Blinds, Impact Glass, Plantation Shutters, Sliding

Exterior Features

  • View: Garden, Pool, Water
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Clubhouse, Non-Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Roof

Lot Info

  • Parcel #: 38434427670000010
  • Lot Size Sq Ft: 1396.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5596.0

Multi Family

  • Number Of Units In Community: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Nadal Muriel
Bought by
Muriel Allsopp Nadal Living Trust and Nadal
Current Estimated Value
$405,563

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 17, 2023
Sold by
Klingel John M
Bought by
Nadal Muriel
Seller's Agent
John Nuszer
Coldwell Banker Realty
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Cloisters 1 Llc
Bought by
Klingel John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2012
Sold by
Stephens Michael and Stephens Pauline
Bought by
Cloisters 1 Llc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Fannie Mae
Bought by
Stephens Michael and Stephens Pauline

Purchase Details

Closed on
Mar 23, 2009
Sold by
Bowden Michael R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2008
Sold by
Bowden Michael
Bought by
The Cloisters At Lake Worth Inc

Purchase Details

Closed on
Nov 15, 2006
Sold by
Lake Builders Llc
Bought by
Bowden Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,398
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Powercats Investments Inc
Bought by
Lake Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,750
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Muriel Allsopp Nadal Living Trust -- None Listed On Document
Nadal Muriel $350,000 Sunbelt Title
Klingel John M $115,000 Counsellors Title Co Llc
Cloisters 1 Llc -- Counselors Title Company Llc
Stephens Michael $114,900 Attorney
Federal National Mortgage Association -- None Available
The Cloisters At Lake Worth Inc -- None Available
Bowden Michael R $375,398 Sunbelt Title Agency
Lake Builders Llc $1,925,000 Sun Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klingel John M $112,917
Previous Owner Bowden Michael R $375,398
Previous Owner Lake Builders Llc $1,443,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $350,000 -2.8% $239 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $360,000 0.0% $245 / Sq Ft
01/07/2021 01/07/21 For Rent $1,800 0.0% --
01/07/2021 01/07/21 Rented $1,800 0.0% --
10/30/2019 10/30/19 Rented $1,800 0.0% --
09/30/2019 09/30/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $1,800 +12.5% --
02/11/2017 02/11/17 Rented $1,600 0.0% --
01/12/2017 01/12/17 Under Contract -- -- --
01/11/2017 01/11/17 For Rent $1,600 +0.3% --
01/28/2016 01/28/16 Rented $1,595 -3.3% --
12/29/2015 12/29/15 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $1,650 -- --
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 $7,025 $295,000 -- --
2023 $5,922 $232,320 $0 $0
2022 $5,596 $211,200 $0 $0
2021 $4,910 $192,000 $0 $192,000
2020 $4,589 $177,000 $0 $177,000
2019 $4,332 $165,000 $0 $165,000
2018 $4,015 $165,000 $0 $165,000
2017 $3,756 $160,000 $0 $0
2016 $3,279 $125,000 $0 $0
2015 $3,160 $113,300 $0 $0
2014 $2,862 $103,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Nuszer

    Coldwell Banker Realty

    (561) 346-4778

    2 in this area

    25 Total Sales

    John Nuszer
    Section Image
  • Kingsley Itsede

    Seller's Agent in 2021

    Kingsley Itsede

    Coastline Realty, Inc.

    (561) 588-2900

    2 in this area

    25 Total Sales

    Kingsley Itsede
    Section Image

  • L

    Buyer's Agent in 2021

    L M Claycomb-Beems

    Silverleaf Realty Group

    (561) 719-2357

    20 Total Sales

    L M Claycomb-Beems
    Section Image

  • S

    Seller's Agent in 2019

    Sandra Garion

    RE/MAX

  • C

    Buyer's Agent in 2019

    COnnie Perez

    Kelly Right Real Estate

    (561) 815-9166

    8 Total Sales

    COnnie Perez
    Section Image

  • J

    Seller's Agent in 2017

    Jerry Ruff

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10868001

BeachesMLS

APN: 38-43-44-27-67-000-0010

Florida Palm Beach County Lake Worth 33460 South Palm Park

530 S Federal Hwy Unit 1, Lake Worth, FL

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