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$1,250,000

Beds
4
Baths
3.0
sq ft
1,955

6620 Lake Clarke Dr, West Palm Beach, FL 33406

6620 Lake Clarke Dr

Lake Clarke Shores, FL 33406

  • 1 day on market
Discover this stunning waterfront 4bd 3bth top-producing short-term rental pacing to generate over $120,000 in its very first year! This recently renovated property features a heated salt water pool, tiki hut, custom putting green, covered patio, concrete pad for your boat or RV, 150-foot seawall, dock, impact windows and doors, crown molding in the main living areas, and a newer metal roof. With furniture negotiable and a perfect 5-star rating across Airbnb and VRBO, this is a perfect turnkey investment opportunity.Situated in an amazing location just minutes from I-95, giving easy access to places like Downtown WPB, Municipal Beach, shopping, dining, and top attractions. Don't miss this rare opportunity to own in one of South Florida's most desirable locations!

Details

Property type

Single Family Residence

Est. home value

$774,256

Lot size

0.35 acres

Price per sq ft

$640

Year built

1957

Annual property taxes

$15,910

Price History

03/09/2025
Beaches

Beaches #R11069690

Listed
$1,250,000
+59.24%
04/04/2023
Beaches

Beaches #R10869124

Sold
$785,000

Schools & Community

Elementary school: 

Meadow Park

Middle school: 

Conniston Community

High school: 

Forest Hill

Community features: 

Pool

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

$574,688
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$575,312
Cash to seller
$574,688

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

April 2023

Original loan amount

$588,750

Est. remaining balance

$575,312

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Thong Ba Luu and Quyen Ong

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: 03/10/2025 at 2:45 AM

Listing updated: 03/09/2025 at 8:30 PM

Listed by: Kimmi Luu, Lifestyle International Realty Phone #: (561) 506-4773

MLS: Beaches #R11069690

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