5 months on rocket

501 S Palmway, Lake Worth Beach, FL, 33460

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,655 SqFt
$695/SqFt
House

Location

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501 S Palmway, Lake Worth$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport - Attached
Year Built1948
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewGarden
Private PoolYes
MLS #RX-10997879
StatusActive

About 501 S Palmway

Welcome to your Tropical Retreat in Lake Worth Beach. Discover this fully renovated 3-bedrooms/2 bathrooms home on a spacious 10.650 sq ft lot, with a resort-style pool and spa. Nestled in a prime location one block from the beautiful Bryan Park on the Intracoastal waterway and within walking distance to the local beaches and the vibrant Lake Worth Beach downtown. This exclusive property offers the perfect blend of modern comfort and tropical relaxation, ideal for families and couples seeking a stylish turn-key primary residence or a holiday retreat. Enjoy an expansive oversized heated pool, attached hot tub, and multiple covered porches perfect for entertaining and soaking in the beauty of the outdoors.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Century
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,655 SqFt

Listing Office:

  • Office Name: Coastline Realty, Inc.
  • Office Phone: (561) 588-2900
  • Listing Agent: Ivana Gori

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Closet Cabinets, Laundry Tub

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Garden
  • Exterior: Auto Sprinkler, Fruit Tree(s), Open Porch

Parking Information:

  • Parking: Carport - Attached

Virtual/3D Tour

  • Virtual Tour: 501 S Palmway
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Take I-95 exit to 6th Avenue. Go East past Dixie Hwy to Federal Hwy. Turn left North, then right onto 5th Ave S. The house is on the corner of 5th Ave S and S Palmway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $695/SqFt
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Housing Market Comparison

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

Med. Sold Price

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

501 S Palmway vs Lake Worth

154 DAYS ON ROCKET

+98 Days

$1,150,000

+$694.8K More

$695/SqFt

+$422 More

KEY TAKEAWAY

This property is $694.8K more than the Median Sold Price and $422/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-10997879

Listing Office:

  • Office Name: Coastline Realty, Inc.
  • Office Phone: (561) 588-2900
  • Listing Agent: Ivana Gori

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

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

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-492822
5
/10
  • South Grade Elementary School

  • 716 S K St

  • 0.31 miles

  • Public Magnet Grades PK-5

school-card-donut-492823
2
/10
  • Highland Elementary School

  • 500 Highland Ave

  • 1.23 miles

  • Public Magnet Grades EE-5

school-card-donut-492824
2
/10
  • Barton Elementary School

  • 1700 Barton Rd

  • 1.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,477. The most common annual income of people living in Lake Worth, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 S Palmway

What is the listing price of this property?

The listing price of 501 S Palmway property is $1,150,000.

What type of property is this?

The property 501 S Palmway is a house located in Lake Worth Beach, Florida, 33460.

Is this property for sale now?

Active Listing: 501 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 501 S Palmway has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 S Palmway is 1,655 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 S Palmway is 1948.

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›501 S Palmway

This home is located at 501 S Palmway in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. This 1,655 square foot home was built in 1948. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $1,150,000.

In October 2024 more than 11 listings in Lake Worth, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while 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, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $455,172.

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

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