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$370,000

Beds
2
Baths
2.0
sq ft
1,636

5213 Michael Dr, West Palm Beach, FL 33417

5213 Michael Dr

West Palm Beach, FL 33417

  • 8 days on market
Enjoy relaxing water views from the main bedroom, dining room, and Florida room in this beautiful single-family home. Features include a spacious, open living area with hurricane impact windows, upgraded kitchen with quartz countertops, and updated bathrooms. The large Florida room with separate A/C offers a peaceful retreat. New vinyl flooring in living and dining areas, with new bedroom flooring to be installed before closing. Step outside to a spacious marble patio that wraps around the house, perfect for relaxing and entertaining. Trane A/C & hot water heater (2014), main roof (2022), flat roof (2018). Located in a 55+ golf community with low HOA, covering cable, internet, golf, tennis, pool, fitness center, and more.

Details

Property type

Single Family Residence

Est. home value

$355,017

Lot size

5,727 sq ft

Price per sq ft

$227

Year built

1979

Annual property taxes

$3,116

Monthly HOA fee

$350

Price History

03/20/2025
Beaches

Beaches #R11073659

Listed
$370,000
+60.17%
10/23/2020
Beaches

Beaches #R10632225

Sold
$231,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf, Gated, Street Lights, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

Plaza Home Mortgage Inc

Loan start date

April 2022

Original loan amount

$420,000

Est. remaining balance

Not provided

Interest rate

3.79%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 70 year

Seller

Thomas Victor Lovelady and Betty Loveiady

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: 03/22/2025 at 3:41 PM

Listed by: Tim Lambert, LAER Realty Partners Bowen/Wellington Phone #: (561) 429-2070

MLS: Beaches #R11073659

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