$125,000
Sold · May 8, 2026
1502 S Lakeside Drive 118
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $125,000
- Vs. list price
- 0.1% over
- Days on market
- 39
- Price per sq ft
- $190
This 1-bedroom condo in Palm Lake 1 Condo sold for $125,000 on May 8, 2026. That was 0.1% above its final list price of $124,900. It spent 39 days on the market. At $190 per square foot, it closed 18.8% above the $160 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $125,000
- Sold On
- May 8, 2026
- Days on Site
- 39 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 658 sqft
- Total Sq Ft
- 713 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- R11151269
- Property Tax
- $1,982 (2025)
- HOA Fees
- $503 / Monthly
- Subdivision
- PALM LAKE 1 CONDO
- Development
- PALM LAKE
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Worried about the assessments? DON'T BE! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the repairs that were done including a NEW ROOF! Closing out the 40 yr. inspections. There were Impact windows installed in 2021 ($7K), Newer HVAC system in and out ($5500) not much more you can ask for. It is Original but clean, all new tile floors, ready for you to go in with your imagination and turn this canvass into a masterpiece! This is a perfectly located unit right inside the front entrance, on the first floor, with the laundry room just steps away, as well as a patio door access! There is also an additional storage locker on the second floor. Being on the water like this has it's perks! Grab a kayak and take it for a spin down the waterways, participate in ALL that our FABULOUS historic downtown Lake Worth Beach has to offer, including a public dock, a classic 1920's playhouse, excellent pubs and restaurants, the pier for fishing and a championship 18 hole golf course! But the list doesn't stop there, that's all within short minutes, up to WPB you have Clematis by Night, The Square, tons of culture at the Kravitz Center, Norton Art Gallery, then just a hop over to the island for some of the finest food and shopping Florida has to offer. you can't buy in to paradise any more affordable than this.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Assigned / Guest / On Street
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 658
- Total Sq Ft
- 713
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF-7(c
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Ceramic Tile
- Interior Features
- Living Dining Room / Tub Shower / Walk In Closets
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Composition / Rolled Hot Mop
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio / Screened
- Lot Features
- Sprinklers Automatic / Sprinkler System
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Seawall
- View
- Other
Community & HOA
- HOA Fee
- $503 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Boating / Clubhouse / Fitness Center / Laundry / Picnic Area / Pool / Parking / Recreation Facilities / Sauna / Sidewalks / Trails / Elevators
- Community Features
- Boat Facilities / Street Lights / Sidewalks
- Security
- None
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / Limited Number Vehicles / No Lease2nd Year Owned / No Boats / No Commercial Vehicles / No Rv
- MLS Area
- 5610
Schools
- Elementary School
- Barton
- Middle School
- Lantana Community
- High School
- Lake Worth
About the Community
Palm Lake 1 Condo is an age-restricted 55+ community in Lake Worth Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $170,000 to $285,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Palm Lake 1 Condo and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $189,900
- Median $/Sq Ft
- $249
- Avg Days on Market
- 116
Frequently Asked Questions
- How do I schedule a tour of 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460?
- Use the Tour button on this listing to request a showing of 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 still available?
- 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is currently listed as Sold, and has been on the market 39 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460?
- With 20% down ($24,980) on the $124,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is about $656/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 have an HOA fee?
- Yes: 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 carries an HOA fee of about $503 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460?
- 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is zoned for Barton (elementary), Lantana Community (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460?
- Often, yes. The right offer on 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 depends on how it's priced against comparable condo sales in Lake Worth Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of True Blue Realty Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$125,000
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Listed by Barbara Lilley, True Blue Realty Inc
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Recent Sales
Recently sold homes in Palm Lake 1 Condo
These are the last 6 recorded closings in Palm Lake 1 Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $168 per square foot. The most recent closed on May 22, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$170,000
Sold · May 22, 2026
1516 S Lakeside Drive 205
2 bed · 2 bath · 1,155 sqft · $147/sqft
$10,000 under the asking price
Sold$169,999
Sold · April 7, 2026
1516 S Lakeside Drive 411
2 bed · 2 bath · 1,010 sqft · $168/sqft
$29,001 under the asking price
Sold$214,000
Sold · April 2, 2026
1502 S Lakeside Drive 204
2 bed · 2 bath · 1,155 sqft · $185/sqft
Sold$175,000
Sold · December 23, 2025
1502 S Lakeside Drive 410
2 bed · 2 bath · 1,010 sqft · $173/sqft
$23,000 under the asking price
Sold$88,000
Sold · December 15, 2025
1516 S Lakeside Drive 317
1 bed · 1.5 bath · 767 sqft · $115/sqft
$2,000 under the asking price
Sold$100,000
Sold · September 15, 2025
1516 S Lakeside Drive 118
1 bed · 1 bath · 658 sqft · $152/sqft
$10,000 under the asking price
See every recorded sale in Palm Lake 1 Condo or find out what your Palm Lake 1 Condo home is worth.
