tomo logo

$1,595,000

Beds
3
Baths
3.5
sq ft
2,233

1208 Lake Ave, West Palm Beach, FL 33401

1208 Lake Ave

West Palm Beach, FL 33401

  • <1 day on market
Park Slope townhomes' unit 1208 is in the Grandview Heights neighborhood, across from Howard Park, newly renovated public tennis courts, and the Armory Arts Center. Newly built in 2018 with beautiful views of the park, and its historic Banyan trees. The main level has one bedroom with a full bath and the large 2 car garage. The 2nd floor is the main living area, and a half bath, with a new built in storage-wall of cabinets. The floors are a neutral grey porcelain tile throughout all of the living areas. The kitchen has a gas cooktop, and wall oven, with built in refrigerator, and wine cooler. The open living area includes the living room facing the park, and the dining area off the kitchen with a pleasant view eastward as well.

Details

Property type

Townhouse

Est. home value

$1,431,218

Lot size

2,052 sq ft

Price per sq ft

$715

Year built

2018

Annual property taxes

$27,006

Monthly HOA fee

$276

Price History

03/04/2025
Beaches

Beaches #R11067977

Listed
$1,595,000
+10%
06/02/2022
Beaches

Beaches #R10787087

Sold
$1,450,000
+107.44%
05/14/2019
Beaches

Beaches #R10502066

Sold
$699,000

Schools & Community

Neighborhood: 

Grandview Heights

Elementary school: 

Palm Beach Public

Middle school: 

Conniston Community

High school: 

Forest Hill

Community features: 

Street Lights, Sidewalks, Tennis Court(s)

Number of units in community: 

14

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,161,528
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$305,872
Cash to seller
$1,161,528

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Grow Financial Fcu

Loan start date

May 2019

Original loan amount

$451,000

Est. remaining balance

$305,872

Interest rate

3.57%

Loan type

New Conventional, 15 year

Seller

Richard Steven Vax and Warde Perry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 8:40 PM

Listing updated: 03/04/2025 at 5:30 PM

Listed by: Donald Todorich, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11067977

Beaches logo

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