NOT LISTED FOR SALE

530 S Federal Hwy Unit 5 Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $424,000 - $546,000

3 Beds
3.5 Baths
1,956 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $419,900 $215 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,589/month

96 Days on Market

Highlights

  • Roman Tub
  • Mediterranean Architecture
  • Community Pool
  • Wood Flooring
  • High Ceiling
  • Den

About This Home

As of November 2023

**Elevator in unit****$5,000 dollar credit at closing for updates**Experience the epitome of South Florida living with this exceptional 3-bedroom, 3.5-bathroom townhome in Lake Worth Beach, Florida. Seamlessly merging contemporary comfort with the convenience of a private elevator, this residence offers a remarkable blend of style and functionality. Boasting three spacious bedrooms, each accompanied by its own en-suite bathroom, as well as three full bathrooms and an additional half bathroom for guests, this home ensures both privacy and convenience for all. The private elevator provides easy access to all floors for an elevated touch. This tremendous opportunity won't last!

Last Agent to Sell the Property

David Burck

Compass Florida LLC License #3432481 Listed on: 08/10/2023

Compass Florida LLC

Co-Listed By

Arelys Pino

Compass Florida LLC License #3344685

Last Buyer's Agent

Daymon Allmon

Affluent Realty of Florida Cor License #3406037

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,499

Year Built

  • Built in 2006

Lot Details

  • 1,220

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 1,956 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Roman Tub

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427670000050

Community Details

Overview

  • Association fees include trash
  • Cloisters At Lake Worth Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,499

Year Built

Built in 2006

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Exit 6th Ave. S from I-95. Proceed east. Arrive at destination at the intersection of Federal Hwy. and 6th Ave. S.
  • Year Built: 2006
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1956.0
  • Dining Room Type: Den
  • Stories: 3

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Parcel #: 38434427670000050
  • Lot Size: East of US-1
  • Zoning Description: MU-FH -

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4499.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 28, 2023
Sold by
Barlow Christopher
Bought by
Allison Malcolm
Seller's Agent
David Burck
Compass Florida LLC
Buyer's Agent
Daymon Allmon
Affluent Realty of Florida Cor
List Price
$450,000
Sold Price
$419,900
Premium/Discount to List
-$30,100
-6.69%
Views
160
Current Estimated Value
$470,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,449
Avg. Annual Appreciation
6.09%
Original Mortgage
$349,000
Outstanding Balance
$343,522
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$126,827

Purchase Details

Closed on
Mar 23, 2023
Sold by
Barlow Kelly
Bought by
Barlow Christopher

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 14, 2018
Sold by
Depalm Holdings Llc
Bought by
Barlow Christopher and Barlow Kelly
Seller's Agent
Avi Stern
Tangent Realty Corp
Buyer's Agent
Avi Stern
Tangent Realty Corp
List Price
$249,900
Sold Price
$248,500
Premium/Discount to List
-$1,400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$211,225
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2018
Sold by
Blanchard Joshua and Lake Worth Properties Land Tru
Bought by
Depalm Holdings Llc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Lake Builders Llc
Bought by
Kcv Cloisters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,682,150
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Crocco Douglas and Crocco Kathleen
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
$480,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Norve Michael and Waugh Jeanne M
Bought by
Crocco Douglas and Crocco Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Allison Malcolm $419,000 Ocean View Title & Escrow
Barlow Christopher -- --
Barlow Christopher $248,500 Attorney
Depalm Holdings Llc $170,000 Pinnacle Land And Title Flc
Kcv Cloisters Llc $543,772 Sunbelt Title Agency
Lake Builders Llc $640,000 Sunbelt Title Agency
Crocco Douglas $175,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Malcolm $349,000
Previous Owner Barlow Christopher $211,225
Previous Owner Kcv Cloisters Llc $1,682,150
Previous Owner Lake Builders Llc $480,000
Previous Owner Crocco Douglas $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $419,900 0.0% $215 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $419,900 -2.3% $215 / Sq Ft
10/04/2023 10/04/23 Price Changed $429,999 -2.3% $220 / Sq Ft
09/08/2023 09/08/23 Price Changed $439,999 -2.2% $225 / Sq Ft
08/10/2023 08/10/23 For Sale $450,000 +81.1% $230 / Sq Ft
12/14/2018 12/14/18 Sold $248,500 -0.6% $127 / Sq Ft View Prior Sale
11/14/2018 11/14/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $249,900 -- $128 / Sq Ft
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 $8,585 $365,512 -- --
2023 $4,594 $229,244 $0 $0
2022 $4,499 $222,567 $0 $0
2021 $4,476 $216,084 $0 $0
2020 $4,436 $213,101 $0 $0
2019 $4,352 $208,310 $0 $208,310
2018 $4,922 $204,440 $0 $204,440
2017 $4,606 $200,080 $0 $0
2016 $4,108 $157,106 $0 $0
2015 $3,851 $142,824 $0 $0
2014 $3,498 $129,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Burck

    Seller's Agent in 2023

    David Burck

    Compass Florida LLC

    (561) 655-4545

    1 in this area

    26 Total Sales

    David Burck
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Arelys Pino

    Compass Florida LLC

    (561) 693-4200

    1 in this area

    23 Total Sales

    Arelys Pino
    Section Image

  • D

    Buyer's Agent in 2023

    Daymon Allmon

    Affluent Realty of Florida Cor

    (561) 718-9067

    1 in this area

    24 Total Sales

    Daymon Allmon
    Section Image

  • A

    Seller's Agent in 2018

    Avi Stern

    Tangent Realty Corp

    (561) 347-5151

    28 Total Sales

    Avi Stern
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10910885

BeachesMLS

APN: 38-43-44-27-67-000-0050

Florida Palm Beach County Lake Worth 33460 South Palm Park

530 S Federal Hwy Unit 5, 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.

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