$519,000 - $1,376,000
RENTED FEB 27, 2025

626 S Federal Hwy Unit 5 Lake Worth, FL 33460

South Palm Park Neighborhood
1 Bed
1 Bath
450 Sq Ft
$2,302 Price per Sq Ft

Highlights

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

About This Home

As of February 2025

Great location near Downtown Lake Worth, intracoastal, shopping and E Ocean Lantana. Freshly painted One bedroom, tiled flooring, full size appliances.Outdoor patio area, Common laundry facility. Offstreet parking. Application, Credit Report/background, verification of income required.

Last Agent to Rent the Property

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 12/12/2024

Last Renter's Agent

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 12/12/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,747

Year Built

  • Built in 1950

Lot Details

  • 0.3

Parking

  • Open Parking

Home Design

  • Studio

Interior Spaces

  • 450 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Property Available on 12/12/24
  • Assessor Parcel Number 38434427010080020
  • Seller Considering Concessions

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: 2024-12-12

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: From I95 Exit 6th Ave S and head East. turn right on S Federal Hwy. Apartment is on left
  • Year Built: 1950
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 450.0
  • 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
  • Open Parking: Yes
  • Parking Features: Open

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
02/27/2025 02/27/25 Rented $1,350 0.0% --
02/09/2025 02/09/25 Under Contract -- -- --
01/26/2025 01/26/25 Price Changed $1,350 -3.2% $3 / Sq Ft
01/26/2025 01/26/25 For Rent $1,395 0.0% --
12/30/2024 12/30/24 Under Contract -- -- --
12/20/2024 12/20/24 Price Changed $1,395 -6.7% $3 / Sq Ft
12/12/2024 12/12/24 For Rent $1,495 -- --
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 2025

    Karen McLaughlin

    JD Bols & Associates

    (619) 985-5990

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Map

Source: BeachesMLS

MLS Number: R11044554

BeachesMLS

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

Florida Palm Beach County Lake Worth 33460 South Palm Park

626 S Federal Hwy Unit 5, Lake Worth, FL

This home is located at 626 S Federal Hwy Unit 5, Lake Worth, FL 33460 since 12 December 2024 and is currently priced at $1,035,911. This property was built in 1950. 626 S Federal Hwy Unit 5 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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