tomo logo

$599,900

Beds
2
Baths
2.0
sq ft
912

1511 S Palmway, Lake Worth Beach, FL 33460

1511 S Palmway

Lake Worth Beach, FL 33460

  • Pending
    • Price drop $20,000↓
    • Open house Nov 03
Welcome to downtown Lake Worth Beach in the South Palm Park neighborhood! This beautifully renovated cottage is a 2-bedroom, 2-bath home and is located in the highly desirable Historic District of Lake Worth Beach. The home is just one block from the intracoastal, 1.5 miles to Bryant Park and Lake Worth Beach. Every detail has been upgraded, including a new roof, hurricane impact windows, open modern kitchen, updated bathrooms, new laminate flooring throughout, LG appliances w/ double oven, crown molding, and a coffered ceiling. The exterior shines with fresh stucco, paint, irrigation, and landscaping. Enjoy the spacious backyard from the covered porch, featuring a 10x12 air-conditioned CBS utility/workroom and plenty of space for a pool. Come check out what Lake Worth Beach is all about

Details

Property type

Single Family Residence

Est. home value

$586,383

Lot size

7,501 sq ft

Price per sq ft

$658

Year built

1926

Annual property taxes

$8,876

Price History

11/01/2024
Beaches

Beaches #R11018248

Pending
$599,900
10/11/2024
Beaches

Beaches #R11018248

Price change
$599,900
-3.23%
09/20/2024
Beaches

Beaches #R11018248

Price change
$619,900
-2.36%

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

$112,811
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$439,097
Cash to seller
$112,811

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

February 2023

Original loan amount

$448,000

Est. remaining balance

$439,097

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Andre Rahman Khan and William Michael Branch

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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$599,000
2 bd
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|
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3575 S Ocean Blvd Unit 101, Palm Beach, FL 33480

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3200 S Ocean Blvd Unit D101, Palm Beach, FL 33480

Status: Pending/Under Contract

Tomo last checked: 11/03/2024 at 7:30 AM

Listing updated: 11/01/2024 at 10:05 AM

Listed by: Blair Ann Alshut, Coastal Classic Realty Phone #: (561) 523-2624

MLS: Beaches #R11018248

Beaches logo

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