NOT LISTED FOR SALE

626 S Federal Hwy Unit 2 Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $519,000 - $1,376,000

-- Bed
1 Bath
350 Sq Ft
$2,960/Sq Ft Est. Value

Highlights

  • Walk-In Closet
  • Terrazzo Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2024

Great Studio! Nice size closet. Tiled shower. Separate Kitchen, with full size appliances. Terrazzo Flooring. This property is surrounded by green landscape and hedges.Outdoor patio area.One off street parking spotCommunity Laundry on siteConveniently located close to shopping, restaurants, I95, and downtown Lake Worth. Bryant Park and Golf Course. Just a bike ride over the bridge and there's the beach!Owner pays water, trash and sewerTenant is responsible for their internet/cable.1 year term leaseFirst, Last, and Security Deposit due at lease signing.Credit report/background required

Last Agent to Rent the Property

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 03/28/2024

Last Renter's Agent

David Waite

Partnership Realty Inc. License #0695780

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,747

Year Built

  • Built in 1950

Lot Details

  • 0.3

Parking

  • Assigned Parking

Home Design

  • Studio

Interior Spaces

  • 350 Sq Ft Home
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Property Available on 3/28/24
  • Assessor Parcel Number 38434427010080020

Community Details

Overview

  • 9 Units
  • Lake Worth Town Of Add 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$22,747

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-03-28

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: From I95 exit 6th Ave S head east. make right on S Federal Hwy. Apartment is on the left. 622-626 S Federal Hwy.
  • Year Built: 1950
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Flooring: Terrazzo
  • Living Area: 350.0
  • Dining Room Type: Studio

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Other Structures: Apartment

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434427010080020
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre,1/4 to 1/2 Ac

Multi Family

  • Number Of Units In Community: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Johnson Bros Corporation
Bought by
3242 Columbia Llc
Current Estimated Value
$936,890

Purchase Details

Closed on
Jan 8, 2018
Sold by
626 S Federal Llc
Bought by
Johnson Bros Corp

Purchase Details

Closed on
Mar 14, 2017
Sold by
Blinck Inc
Bought by
626 S Federal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
626 & 825 South Federal Llc
Bought by
Blinck Inc

Purchase Details

Closed on
Sep 9, 2002
Sold by
Front Row Rentals Inc
Bought by
626 & 825 South Federal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Coakley Steven J and Coakley Lori
Bought by
Front Row Rentals Inc

Purchase Details

Closed on
Mar 30, 1998
Sold by
Gizewski Michael
Bought by
Coakley Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.01%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 13, 1997
Sold by
Clean Time Recovery Inn Inc
Bought by
Gizewski Michael
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
3242 Columbia Llc $1,000,000 Rick Kozell
Johnson Bros Corp $735,000 Attorney
626 S Federal Llc $500,000 None Available
Blinck Inc $340,000 Standard Title Ins Agency In
626 & 825 South Federal Llc $680,000 United Title Agencies I Inc
Front Row Rentals Inc $100 --
Coakley Steven $140,000 --
Gizewski Michael $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3242 Columbia Llc $4,500,000
Previous Owner 626 S Federal Llc $375,000
Previous Owner 626 & 825 South Federal Llc $250,000
Previous Owner Gizewski Michael $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Rented $1,395 0.0% --
04/06/2024 04/06/24 Under Contract -- -- --
03/28/2024 03/28/24 For Rent $1,395 -- --
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 $22,747 $804,872 -- --
2023 $19,817 $731,702 $270,000 $461,702
2022 $12,786 $404,316 $0 $0
2021 $12,137 $394,408 $114,010 $280,398
2020 $11,298 $345,257 $114,010 $231,247
2019 $10,783 $343,388 $108,550 $234,838
2018 $9,678 $276,153 $105,430 $170,723
2017 $9,632 $271,083 $100,360 $170,723
2016 $9,499 $268,882 $0 $0
2015 $9,556 $264,332 $0 $0
2014 $9,240 $247,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Karen McLaughlin

    JD Bols & Associates

    (619) 985-5990

    Section Image

  • D

    Tenant's Agent in 2024

    David Waite

    Partnership Realty Inc.

    (561) 355-0270

    13 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10972922

BeachesMLS

APN: 38-43-44-27-01-008-0020

Florida Palm Beach County Lake Worth 33460 South Palm Park

626 S Federal Hwy Unit 2, Lake Worth, FL

This home is located at 626 S Federal Hwy Unit 2, Lake Worth, FL 33460 since 28 March 2024 and is currently priced at $1,035,911. This property was built in 1950. 626 S Federal Hwy Unit 2 is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

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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