$108,000
Sold · July 25, 2025
1516 S Lakeside Drive 306
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $108,000
- Vs. list price
- 3.6% under
- Days on market
- 9
- Price per sq ft
- $141
This 1-bedroom condo in Palm Lake 1 Condo sold for $108,000 on July 25, 2025. That was 3.6% below its final list price of $112,000. It spent 9 days on the market. At $141 per square foot, it closed 17.5% below the $171 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $108,000
- Sold On
- July 25, 2025
- Days on Site
- 9 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 764 sqft
- Total Sq Ft
- 832 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- R11101759
- Property Tax
- $1,626 (2024)
- HOA Fees
- $611
- Subdivision
- PALM LAKE 1 CONDO
- County
- Palm Beach
- Status
- Sold
About This Property
Welcome to Palm Lake! This 1 bedroom 1.5 bathroom condo is in a sought-after 55+ Intracoastal community! This extra-large 1-bedroom unit features an open kitchen, walk-in closet, and a private patio off the bedroom with serene courtyard views. Recent upgrades include a brand-new A/C, new electrical panel, and new water heater. Enjoy coastal living with resort-style amenities: a brand-new seawall, kayak launch, fishing area, sauna, and a sparkling waterfront pool. Ideal for seasonal or year-round living! Located in an unbeatable location. Milestones have been completed. Don't miss this rare opportunity!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 4
- Levels
- Multi Split
- Garage Spaces
- 0
- Parking
- Assigned / Guest
- Direction Faces
- North
- Living Sq Ft
- 764
- Total Sq Ft
- 832
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF-7(c
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Ceramic Tile
- Interior Features
- Pantry / Storage / Tub Shower / Walk In Closets
- Windows
- Drapes
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio / Screened / Balcony
- Waterfront Features
- Intracoastal Access
- View
- Garden
Community & HOA
- HOA Fee
- $611
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Bike Storage / Clubhouse / Laundry / Pool / Parking / Recreation Facilities / Restaurant / Storage / Sidewalks / Trails / Elevators
- Community Features
- Home Owners Association / Street Lights / Sidewalks
- Security
- Fire Alarm / Phone Entry / Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Pet Restrictions / Yes
- 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 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
Frequently Asked Questions
- How do I schedule a tour of 1516 S Lakeside Drive 306, Lake Worth Beach, FL 33460?
- Use the Tour button on this listing to request a showing of 1516 S Lakeside Drive 306, 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 306, Lake Worth Beach, FL 33460 still available?
- 1516 S Lakeside Drive 306, Lake Worth Beach, FL 33460 is currently listed as Sold, and has been on the market 9 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 306, Lake Worth Beach, FL 33460?
- With 20% down ($22,400) on the $112,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 S Lakeside Drive 306, Lake Worth Beach, FL 33460 is about $589/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 306, 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 306, 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 306, Lake Worth Beach, FL 33460 have an HOA fee?
- Yes: 1516 S Lakeside Drive 306, Lake Worth Beach, FL 33460 carries an HOA fee of about $611 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 306, Lake Worth Beach, FL 33460?
- Often, yes. The right offer on 1516 S Lakeside Drive 306, 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 LPT Realty, 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.
$108,000
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Listed by Ashley Alshut, LPT Realty, LLC
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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 $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.
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$125,000
Sold · May 8, 2026
1502 S Lakeside Drive 118
1 bed · 1 bath · 658 sqft · $190/sqft
$100 over 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
See every recorded sale in Palm Lake 1 Condo or find out what your Palm Lake 1 Condo home is worth.
