How do I schedule a tour of 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460?

Use the Tour button on this listing to request a showing of 1516 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 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 still available?

1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is currently listed as Sold, and has been on the market 98 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How do I get pre-approved to buy 1516 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 1516 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 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 have an HOA fee?

Yes: 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 carries an HOA fee of about $583 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460?

Often, yes. The right offer on 1516 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.

Sold

98 Days on Market

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$100,000

Sold · September 15, 2025

1516 S Lakeside Drive 118

Lake Worth Beach, FL 33460

PALM LAKE 1 CONDO

Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate

Sale Summary

What this home sold for

Sold price: $100,000
Vs. list price: 9.1% under
Days on market: 98
Price per sq ft: $152

This 1-bedroom condo in Palm Lake 1 Condo sold for $100,000 on September 15, 2025. That was 9.1% below its final list price of $110,000. It first came on the market at $119,000, so the price was adjusted before it sold. It spent 98 days on the market. At $152 per square foot, it closed 11.1% below the $171 median of the 6 other condo sales in the recent closings shown below.

Bedrooms

Bathrooms

658

Living Sq Ft

1973

Year Built

Listing Snapshot

Sold Price: $100,000
Sold On: September 15, 2025
Days on Site: 98 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 #: R11092283
Property Tax: $663 (2024)
HOA Fees: $583 / Monthly
Subdivision: PALM LAKE 1 CONDO
County: Palm Beach
Status: Sold
Special Conditions: Listed As Is

About This Property

Welcome to Palm Lake - Your Waterfront Retreat in the Heart of Palm Beach County! Discover this hidden gem nestled along the Intracoastal Waterway in Lake Worth Beach. This boutique community. has just 142 residences, and offers water and/or pool views from most units, creating a peaceful, picturesque setting. BUILDING RENOVATIONS ARE COMPLETED with the remaining special assessment to be paid at closing. This updated first-floor condo features a modern kitchen with granite counter tops, stylish tile flooring, and a screened patio perfect for enjoying Florida's breezy evenings. Enjoy the convenience of direct access to both the heated pool and the parking area — no stairs or elevators needed! 2023 W/H. 2018 A/C. One assigned parking space. Additional storage included. The community club house features a party kitchen, billiards table, meeting/social space, and a cozy library. Palm Lake's central location places you just minutes from pristine beaches, Palm Beach International Airport, top restaurants, shopping, and entertainment. Whether you're looking for a full-time residence or seasonal getaway, this condo offers the perfect blend of comfort, convenience, and coastal charm. Don't miss this opportunity to own a slice of paradise!

Virtual Tour

General Features

Property Type: Condo
Status: Sold
Year Built: 1973
Property Condition: Resale
Number of Stories: 4
Garage Spaces: 0
Parking: Assigned
Direction Faces: North
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 / Disposal / Microwave / Refrigerator / Water Heater
Cooling: Central Air / Ceiling Fans / Electric
Heating: Central / Electric / Individual
Flooring: Ceramic Tile / Laminate
Interior Features: Living Dining Room / Pantry / Storage / Tub Shower / Walk In Closets
Windows: Plantation Shutters
Main Level Bedrooms: 1
Main Level Baths: 1
Total Rooms: 4
Furnished: Partially

Exterior Features

Construction: Block
Exterior Features: Outdoor Living Area
Pool Features: Association
Patio & Porch: Patio / Screened
Waterfront: Yes
Waterfront Features: Intracoastal Access

Community & HOA

HOA Fee: $583 / Monthly
HOA Includes: Common Areas / Insurance / Maintenance Grounds / Sewer / Trash / Water
Association Amenities: Clubhouse / Laundry / Library / Picnic Area / Pool / Parking / Recreation Facilities / Storage / Trash / Elevators
Security: Phone Entry
Utilities: Cable Available / Sewer Available / Water Available
Pets Allowed: No
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Buyer Approval Required / No Lease2nd Year Owned
MLS Area: 5610

About the Community

Palm Lake 1 Condo

View Community Details →

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: 115

View all 5 homes for sale in Palm Lake 1 Condo →

Frequently Asked Questions

How do I schedule a tour of 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460?: Use the Tour button on this listing to request a showing of 1516 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 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 still available?: 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is currently listed as Sold, and has been on the market 98 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 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460?: With 20% down ($22,000) on the $110,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 is about $578/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 1516 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 1516 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 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 have an HOA fee?: Yes: 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460 carries an HOA fee of about $583 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 1516 S Lakeside Drive 118, Lake Worth Beach, FL 33460?: Often, yes. The right offer on 1516 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 Illustrated Properties LLC

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.

$100,000

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Listed by Susan B Fleming, Illustrated Properties LLC

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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 $173 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.