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$129,000

Beds
1
Baths
1.0
sq ft
658

1516 S Lakeside Dr Unit 318, Lake Worth Beach, FL 33460

1516 S Lakeside Dr Unit 318

Lake Worth Beach, FL 33460

  • 136 days on market
    • Price drop $16,000↓
Experience the ultimate in Intracoastal living in Lake Worth Beach. Enjoy breathtaking Intracoastal Waterway views from the comfort of your own private screened in balcony which has been refinished with new screens. This 1/1 will enjoy new carpet in the large bedroom, an ample walk-in closet, new dishwasher, refrigerator, stove and hood and new bathroom/vanity. Freshly painted and new window blinds, partial impact glass. This over 55 community offers an Olympic sized pool, sandy beach in which to launch your kayak or a simple dip into the Intracoastal, laundry room and individual storage bins on each floor. Recreation room with saunas for all. Don't miss this opportunity, won't last long.

Details

Property type

Condominium

Est. home value

$146,010

Lot size

0.27 acres

Price per sq ft

$197

Year built

1973

Annual property taxes

$2,921

Monthly HOA fee

$508

Price History

09/27/2024
Beaches

Beaches #R11010820

Price change
$129,000
-11.03%
08/08/2024
Beaches

Beaches #R11010820

Listed
$145,000

Schools & Community

Neighborhood: 

South Palm Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Number of units in community: 

142

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

$39,289
Asking price
$129,000
Closing costs (~8% of asking)
-$10,320
Est. remaining loan balance
-$79,391
Cash to seller
$39,289

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

March 2022

Original loan amount

$84,000

Est. remaining balance

$79,391

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Richard Day

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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1516 S Lakeside Dr Unit 307, Lake Worth Beach, FL 33460

Status: Active

Tomo last checked: 12/22/2024 at 2:35 PM

Listing updated: 12/10/2024 at 12:52 PM

Listed by: Wendy Bowes, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11010820

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