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$889,000

Beds
3
Baths
3.0
sq ft
2,515

1421 S Palmway, Lake Worth Beach, FL 33460

1421 S Palmway

Lake Worth Beach, FL 33460

  • 40 days on market
Location, location! This home is perfectly situated just one block from the Intracoastal, minutes from beaches, 3 blocks from a park where you can launch a kayak or go windsurfing. Minutes away from the vibrant shops and restaurants of Lake Worth Beach. Designed with privacy in mind, the home features two oversized master bedrooms located on opposite ends of the house, separated by the kitchen in the center. Elegant details such as terrazzo floors, a cozy fireplace, barn doors, and shiplap accents in the master suite add warmth and character. Step outside to a solar heated pool, surrounded by lush tropical landscaping, offering year-round privacy and relaxation. While the home has undergone a significant cosmetic remodel, it retains the unique charm that defines South Palm Park.

Details

Property type

Single Family Residence

Est. home value

$826,430

Lot size

7,500 sq ft

Price per sq ft

$354

Year built

1962

Annual property taxes

$13,564

Price History

12/13/2024
Beaches

Beaches #R11044724

Listed
$889,000
-2.31%
12/06/2024
Beaches

Beaches #R11012051

Removed
$910,000
09/18/2024
Beaches

Beaches #R11012051

Price change
$910,000
-4.27%

Schools & Community

Neighborhood: 

South Palm Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights

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

$255,870
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$562,010
Cash to seller
$255,870

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

July 2022

Original loan amount

$584,000

Est. remaining balance

$562,010

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Joseph H Donnelly Jr and Vladlena S Mendez

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?

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Status: Active

Tomo last checked: 01/22/2025 at 6:05 PM

Listing updated: 01/03/2025 at 7:30 PM

Listed by: Aimee Burroughs, The Agency Phone #: (561) 465-8500

MLS: Beaches #R11044724

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