NOT LISTED FOR SALE

539 Silver Beach Rd Lake Park, FL 33403

Lake Park Area

Estimated Value: $465,000 - $534,000

5 Beds
3 Baths
1,982 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2021

Last sale price $319,000 $161 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,392 / mo

3 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring

About This Home

As of August 2021

Lake Park Duplex consists of a 2/1 and 3/2, both with central a/c and laundry rooms, sep elec & water meters that allow tenants to pay their own utilities. Both units have been remodeled in the last 5-7 years. Long term tenants desire to stay. Written leases in effect. Note income/expense figures solely include gross rents, RE taxes & lawn maintenance.

Last Agent to Sell the Property

Sharon Restrepo

KeyRenters South Florida License #556815 Listed on: 06/19/2021

Last Buyer's Agent

Alex Bess

Dalton Wade Inc License #657324

Dalton Wade Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1961

Lot Details

  • 10,154 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 1,982 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Assessor Parcel Number 36434220010590320

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kelsey City Subdivision

Building Details

  • Gross Income $33,720
  • Net Operating Income $27,829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,691

Year Built

Built in 1961

Lot Details

10,154 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Blue Heron Blvd to Broadway, north to Silver Beach Road, left to property on right
  • Year Built: 1961
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1982.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 36434220010590320
  • Lot Size Acres: 0.23
  • Lot Size: 75.0 ft x 136.0 ft
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning: R2(cit

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 27829.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 33720.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4691.01

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
Jun 19, 2021
Closed on
Aug 10, 2021
Sold by
Bought by
Seller's Agent
Sharon Restrepo
KeyRenters South Florida
Buyer's Agent
Alex Bess
Dalton Wade Inc
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$488,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,535
Avg. Annual Appreciation
8.95%
Original Mortgage
$239,250
Outstanding Balance
$213,281
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,254

Purchase Details

Closed on
Feb 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2005
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
$202,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$319,000 Attorney
$70,000 Attorney
$55,000 Sunbelt Title Agency
$225,000 Capital Abstract & Title
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
Open $239,250
Previous Owner $213,600
Previous Owner $202,500
Previous Owner $2,448
Previous Owner $16,666
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
08/10/2021 08/10/21 Sold $319,000 0.0% $161 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $319,000 0.0% $161 / Sq Ft
08/01/2016 08/01/16 Rented $1,545 -0.3% --
07/02/2016 07/02/16 Under Contract -- -- --
05/02/2016 05/02/16 For Rent $1,550 +24.0% --
10/01/2014 10/01/14 Rented $1,250 -7.4% --
09/01/2014 09/01/14 Under Contract -- -- --
07/28/2014 07/28/14 For Rent $1,350 -3.6% --
04/01/2013 04/01/13 Rented $1,400 +16.7% --
03/02/2013 03/02/13 Under Contract -- -- --
12/10/2012 12/10/12 For Rent $1,200 0.0% --
03/01/2012 03/01/12 Rented $1,200 -4.0% --
01/31/2012 01/31/12 Under Contract -- -- --
11/11/2011 11/11/11 For Rent $1,250 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,762 $340,421
2024 $8,762 $335,719
2023 $8,319 $320,031 $108,885 $211,146
2022 $8,117 $327,489 $0 $0
2021 $4,946 $213,719 $56,100 $157,619
2020 $4,691 $207,111 $68,850 $138,261
2019 $4,506 $209,439 $68,850 $140,589
2018 $3,765 $150,852 $48,907 $101,945
2017 $3,640 $141,013 $43,667 $97,346
2016 $3,432 $102,336 $0 $0
2015 $3,189 $93,033 $0 $0
2014 $2,932 $84,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Restrepo

    Seller's Agent in 2021

    Sharon Restrepo

    KeyRenters South Florida

    (561) 429-6052

    15 Total Sales

    Sharon Restrepo
    Section Image
  • Alex Bess

    Buyer's Agent in 2021

    Alex Bess

    Dalton Wade Inc

    (561) 512-7300

    3 Total Sales

    Alex Bess
    Section Image
  • Shavonne Edgecombe

    Buyer's Agent in 2016

    Shavonne Edgecombe

    Ask & You Shall Receive Realty

    (561) 880-5388

    31 Total Sales

    Shavonne Edgecombe
    Section Image

  • A

    Buyer's Agent in 2014

    Alvaro Restrepo

    Realty Advisors International

  • J

    Buyer's Agent in 2012

    Jean Hellquist

    Keller Williams Realty Jupiter

    (561) 628-3265

    17 Total Sales

    Jean Hellquist
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10725265

BeachesMLS (Greater Fort Lauderdale)

APN: 36-43-42-20-01-059-0320

Florida Palm Beach County Lake Park 33403

539 Silver Beach Rd, Lake Park, 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.

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 2026 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.