$115,000
Sold · July 10, 2025
1516 S Lakeside Drive
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $115,000
- Vs. list price
- 14.8% under
- Days on market
- 58
- Price per sq ft
- $99
This 2-bedroom condo in Palm Lake 1 Condo sold for $115,000 on July 10, 2025. That was 14.8% below its final list price of $135,000. It first came on the market at $145,000, so the price was adjusted before it sold. It spent 58 days on the market. At $99 per square foot, it closed 42.1% below the $171 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $115,000
- Sold On
- July 10, 2025
- Days on Site
- 58 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,160 sqft
- Total Sq Ft
- 1,160 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- R11084772
- Property Tax
- $3,153 (2024)
- HOA Fees
- $934
- Subdivision
- PALM LAKE 1 CONDO
- Development
- PALM LAKKE
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
REDUCED! 444' DIRECT WATERFRONT W RIPARIAN RIGHTS! MIRROR IMAGE BUILDINGS DESIGNED BY MARCEL BREUER IN 1973, COMPLETELY RENOVATED IN 2023. ALL INSPECTIONS PASSED, ASSESSMENTS PAID. IT'S LIKE A NEW BUILD! OVER 55 WITH SANDY BEACH. On the Intracoastal Waterway (ICW at it's widest).Sparkling heated waterfront pool, 5 Marinas nearby, public boat ramp, municipal Golf Course, famous Lake Worth Beach events, restaurants, shopping, nightlife, culture. Lake Worth Beach produces it's own Reverse Osmosis Filtered water! You can drink from the taps! Third floor corner, largest model,move in ready & priced to sell! Large bedrooms, FOUR walk in closets, & an extra storage cubby. Newer kitchen appliances Huge screened balcony. It's time...leave the stress, come decompress...LOVE WHERE YOU LIVE!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Assigned / Guest
- Direction Faces
- West
- Living Sq Ft
- 1,160
- Total Sq Ft
- 1,160
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF-7(c
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air / Electric
- Heating
- Central
- Flooring
- Carpet
- Interior Features
- Living Dining Room / None / Storage / Walk In Closets
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 5
- Furnished
- Partially
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Colonial
- Pool Features
- Association
- Patio & Porch
- Covered / Screened / Balcony
- Waterfront Features
- Intracoastal Access
- View
- City
Community & HOA
- HOA Fee
- $934
- HOA Includes
- Cable Tv / Insurance / Pest Control / Sewer / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Clubhouse / Laundry / Pool / Parking / Storage / Trash / Elevators
- Community Features
- Street Lights
- Security
- Security System / Phone Entry
- Utilities
- Cable Available / Sewer Available / Water Available
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- 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, #312, Lake Worth Beach, FL 33460?
- Use the Tour button on this listing to request a showing of 1516 S Lakeside Drive, #312, 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, #312, Lake Worth Beach, FL 33460 still available?
- 1516 S Lakeside Drive, #312, Lake Worth Beach, FL 33460 is currently listed as Sold, and has been on the market 58 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, #312, Lake Worth Beach, FL 33460?
- With 20% down ($27,000) on the $135,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 S Lakeside Drive, #312, Lake Worth Beach, FL 33460 is about $709/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, #312, 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, #312, 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, #312, Lake Worth Beach, FL 33460 have an HOA fee?
- Yes: 1516 S Lakeside Drive, #312, Lake Worth Beach, FL 33460 carries an HOA fee of about $934 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, #312, Lake Worth Beach, FL 33460?
- Often, yes. The right offer on 1516 S Lakeside Drive, #312, 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 Coldwell Banker Realty
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.
$115,000
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Listed by Jane E Thomas, Coldwell Banker Realty
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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.
