3 months on rocket

1601 S Palmway, Lake Worth Beach, FL, 33460

$857,545

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
2,171 SqFt
$395/SqFt
House

Location

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1601 S Palmway, Lake Worth$857,545

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, RV/Boat
Year Built1957
HeatingCentral, Electric, None
CoolingCeiling Fan(s), Central Air, Electric
Private PoolYes
MLS #RX-11012356
StatusActive

About 1601 S Palmway

Prime Location in South Palm Historic District of Lake Worth Beach! This stunning tropical oasis is perfect for homeowners or investors alike, offering endless possibilities in a NO HOA neighborhood--truly an investor's dream! Whether you're looking for a personal paradise or a lucrative rental, this property has it all. Surrounded by immaculate, lush landscaping, the home boasts a huge saltwater pool with a sun shelf--perfect for relaxing or entertaining. Just a short walk to scenic Intracoastal parks, and minutes from the beach, boat ramps, South Palm Park, fine dining, and boutique shopping, the location adds to its irresistible charm. The property is versatile and can be rented as a whole or easily divided into three separate units.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1
  • Living Area: 2,171 SqFt

Listing Office:

  • Office Name: Home Sold Realty LLC
  • Office Phone: (833) 700-2782
  • Listing Agent: Camilo De la Cruz Perez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer, Gas Water Heater
  • Flooring Type: Other, Wood Floor
  • Interior: Built-in Shelves, Custom Mirror, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Auto Sprinkler, Covered Patio, Deck, Extra Building, Fence, Outdoor Shower, Shutters, Well Sprinkler

Parking Information:

  • Parking: 2+ Spaces, Driveway, RV/Boat

Virtual/3D Tour

  • Virtual Tour: 1601 S Palmway
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Utilities

Utilities Information:

  • Heating: Central, Electric, None
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: One block from the Intercoastal between Lake Worth Beach and Lantana Bridges. South Palmway is one of the most popular streets in all of the Lake Worth Beach Community.

Price Information

Listing Price Info

Price Summary:

  • List Price: $857,545
  • Price Per SqFt: $395/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

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Lake Worth, FL

City

Med. Sold Price

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

1601 S Palmway vs Lake Worth

91 DAYS ON ROCKET

+35 Days

$857,545

+$402.3K More

$395/SqFt

+$122 More

KEY TAKEAWAY

This property is $402.3K more than the Median Sold Price and $122/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11012356

Listing Office:

  • Office Name: Home Sold Realty LLC
  • Office Phone: (833) 700-2782
  • Listing Agent: Camilo De la Cruz Perez

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: 11/14/2024, 1:15:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,347

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,637

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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-73953
5
/10

  • South Grade Elementary School

  • 716 S K St

  • 0.77 miles

  • Public Magnet Grades PK-5

school-card-donut-73954
2
/10

  • Barton Elementary School

  • 1700 Barton Rd

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-73955
5
/10

  • Lantana Elementary School

  • 710 W Ocean Ave

  • 0.98 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,143. The most common annual income of people living in Lake Worth, FL is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 S Palmway

What is the listing price of this property?

The listing price of 1601 S Palmway property is $857,545.

What type of property is this?

The property 1601 S Palmway is a house located in Lake Worth Beach, Florida, 33460.

Is this property for sale now?

Active Listing: 1601 S Palmway is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1601 S Palmway has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1601 S Palmway is 2,171 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1601 S Palmway is 1957.

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›1601 S Palmway

This home is located at 1601 S Palmway in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. This 2,171 square foot home was built in 1957. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $857,545.

While more than 11 listings in Lake Worth, FL in October 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 74 were sold below. The inventory of homes for sale in Lake Worth, FL between September 2024 and October 2024 increased by 5.1%. In October 2024 median list price was $455,172 and the average listing age was 56 days.

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

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