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$349,000

Beds
3
Baths
1.0
sq ft
850

5000 Lake Ave, West Palm Beach, FL 33405

5000 Lake Ave

West Palm Beach, FL 33405

  • 8 days on market
    • Open house Mar 29
Corporate-owned asset, needs a new roof. Have quote and report. Perfect for an investor or a family looking for their next home. Located in a high-appreciation area with strong rental demand--ideal for long-term investment or Airbnb. No HOA restrictions, giving you flexibility for renovations and use. Don't miss out on this affordable investment opportunity in fast growing West Palm Beach design area, The Gardens neighborhood just south of Southern Blvd. in West Palm Beach.

Details

Property type

Single Family Residence

Est. home value

$319,273

Lot size

6,185 sq ft

Price per sq ft

$411

Year built

1950

Annual property taxes

$3,888

Price History

03/20/2025
Beaches

Beaches #R11074665

Listed
$349,000

Schools & Community

Neighborhood: 

Southwest

Elementary school: 

Palmetto (Miami Dade)

Middle school: 

Conniston Community

High school: 

Forest Hill

Community features: 

Street Lights, Sidewalks

Number of units in community: 

1

Seller’s Loan History

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

Lender

Dba Central Florida Lending

Loan start date

May 2005

Original loan amount

$268,200

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Olga Liliana Gonzalez

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: 03/28/2025 at 7:40 PM

Listing updated: 03/26/2025 at 3:46 PM

Listed by: Leah Ball, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11074665

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