4 months on rocket

1300 Lake Ave, West Palm Beach, FL, 33401

$1,199,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,717 SqFt
$698/SqFt
Multi

Location

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1300 Lake Ave, West Palm Beach$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1965
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Window Unit(s)
WaterfrontNone
ViewOther
MLS #RX-11006621
StatusActive

About 1300 Lake Ave

Duplex on large corner lot on SE corner of Lake Ave. and Newark St. - non-contributing property in Grandview Heights Historic District. Can be torn down with simultaneous plans to build new. Impressive views of Howard Park and its soon-to-be rebuilt community center. Short walk through Convention Center Townhomes buffer to the Hyatt, Convention Center and CityPlace. Current structure is 2200 sq.ft. total built of CBS in 1965. It contains 2 duplex units with 1-car garage in the middle. South unit is bigger, has a family room and use of the garage. North side is vacant; south side has month-to-month tenants. Building has a dedicated laundry room.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,717 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 421-3500
  • Listing Agent: Linda G Cullen

Interior Features

Interior Information:

  • Flooring Type: Terrazzo Floor

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Auto Sprinkler, Room for Pool, Screen Porch, Zoned Sprinkler

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved, Sidewalk

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: North on Lake Avenue from Belvedere to Newark St. House is on the SE corner of Lake and Newark.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $698/SqFt

Tax Information:

  • Annual Amount: $8,034
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

1300 Lake Ave vs West Palm Beach

121 DAYS ON ROCKET

+49 Days

$1,199,000

+$803.3K More

$698/SqFt

+$425 More

KEY TAKEAWAY

This property is $803.3K more than the Median Sold Price and $425/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11006621

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 421-3500
  • Listing Agent: Linda G Cullen

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,034$413,934
2019$7,331$288,180
2018$6,307$261,982
2017$5,806$238,165

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-498401
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-498402
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 1.26 miles

  • Public Magnet Grades KG-5

school-card-donut-498403
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.52 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,705. Most West Palm Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaPalm Beach CountyWest Palm Beach334011300 Lake Ave

This home is located at 1300 Lake Ave in West Palm Beach, FL and zip code 33401 in the Grandview Heights neighborhood. This 1,717 square foot home was built in 1965. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $1,199,000.

Over 16 listings were sold over their listed price in October 2024 in West Palm Beach, FL. In the same period over 153 listings were sold below the listed price and 27 listings were sold for the listed price. The inventory of homes for sale in West Palm Beach, FL between September 2024 and October 2024 increased by 7.1%. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $395,666.

From Rocket Homes Real Estate and based on county public records data.

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