$600,000
SOLD JUL 24, 2025

7518 Colony Lake Dr Boynton Beach, FL 33436

Manor Forest Neighborhood
4 Beds
2.5 Baths
2,343 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

6% Below List Price

114 Days on Market

Highlights

  • Lake Front
  • Heated Indoor Pool
  • Vaulted Ceiling
  • Hidden Oaks Elementary School Rated 9+
  • Gated Community
  • Roman Tub

About This Home

As of July 2025

Welcome to your dream home at 7518 Colony Lake Dr, Boynton Beach! This stunning 4-bedroom, 2.5-bathroom, 2-story residence offers the perfect blend of luxury and comfort. The main bedroom on the first floor ensures convenience and privacy. Enjoy breathtaking lake views from your private pool, perfect for outdoor entertaining. The expansive living room and wet bar provide ample space for relaxation and gatherings. Nestled in a prestigious gated community, you'll have access to top-notch amenities including a community pool, basketball court, and fitness center. Don't miss this incredible opportunity to live in paradise! Original roof. Seller will offer $10,000.00 Roof Credit.See attachment for roof repair.

Last Agent to Sell the Property

Garth Cole

LoKation License #3353476 Listed on: 01/19/2025

LoKation

Last Buyer's Agent

Md Al Amin

Canvas Real Estate License #3517323

Canvas Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,975

Year Built

  • Built in 2000

Lot Details

  • 5,000 Sq Ft Lot
  • Lake Front
  • Property is zoned PUD

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,343 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Formal Dining Room
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Concrete Pool

Schools

  • Hidden Oaks K-8 Elementary School
  • Tradewinds Middle School
  • Santaluces Community High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424512180001320

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Colony At Boynton Beach Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Indoor Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,975

Year Built

Built in 2000

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2000
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Garden Tub/Roman Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 2343.0
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, Heated, Pool, Community, Indoor
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 180.0
  • Community Features: Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Indoor Pool, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Schools

  • Elementary School: Hidden Oaks K-8
  • High School: Santaluces Community High
  • Middle Or Junior School: Tradewinds

Lot Info

  • Parcel #: 00424512180001320
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: PUD

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3975.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Jul 18, 2025
Sold by
Costello Michael J and Belt Maureen A
Bought by
Huda Mohammed and Huda Perven
Seller's Agent
Garth Cole
LoKation
Buyer's Agent
Md Al Amin
Canvas Real Estate
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Total Days on Market
114
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.01%
Original Mortgage
$480,000
Outstanding Balance
$479,580
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$140,637

Purchase Details

Closed on
Apr 18, 2023
Sold by
Castello John A
Bought by
Costello John A

Purchase Details

Closed on
Feb 15, 2017
Sold by
Costello Jane and Costello John A
Bought by
Costello John A and Costello Jane R

Purchase Details

Closed on
Sep 27, 1999
Sold by
Colony At Boynton Beach Inc
Bought by
Costello Jane
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $255,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $600,000 -5.5% $256 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $635,000 0.0% $271 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $635,000 +5.8% $271 / Sq Ft
01/19/2025 01/19/25 Off Market $600,000 -- --
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 $3,975 $262,106 -- --
2023 $3,868 $254,472 $0 $0
2022 $3,900 $247,060 $0 $0
2021 $3,863 $239,864 $0 $0
2020 $3,831 $236,552 $0 $0
2019 $3,640 $222,713 $0 $0
2018 $3,459 $218,560 $0 $0
2017 $3,404 $214,065 $0 $0
2016 $3,408 $209,662 $0 $0
2015 $3,486 $208,205 $0 $0
2014 $3,494 $206,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Garth Cole

    Seller's Agent in 2025

    Garth Cole

    LoKation

    (626) 840-3372

    1 in this area

    15 Total Sales

    Garth Cole
    Section Image

  • M

    Buyer's Agent in 2025

    Md Al Amin

    Canvas Real Estate

    (561) 729-9981

    1 in this area

    22 Total Sales

    Md Al Amin
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11053982

BeachesMLS

APN: 00-42-45-12-18-000-1320

Florida Palm Beach County Boynton Beach 33436 Manor Forest

7518 Colony Lake Dr, Boynton Beach, FL

This home is located at 7518 Colony Lake Dr, Boynton Beach, FL 33436 and is currently priced at $600,000, approximately $256 per square foot. This property was built in 2000. 7518 Colony Lake Dr is a home located in Palm Beach County with nearby schools including Hidden Oaks Elementary School, Santaluces Community High School, and Tradewinds 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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