$169,900
1516 S Lakeside Drive 408
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $169,900
- Price per sq ft
- $222
- Vs. nearby sales
- 29.8% above
- Days on market
- 26
This 1-bedroom condo in Palm Lake 1 Condo is listed at $169,900, or $222 per square foot. It has been on the market for 26 days. The 6 most recent condo sales in the closings shown below sold at a median of $171 per square foot, so the asking price is 29.8% above what comparable homes here actually sold for.
Estimated monthly payment
$893 /mo
Principal and interest only, based on $33,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $580/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $169,900
- Days on Site
- 26 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 767 sqft
- Total Sq Ft
- 832 sqft
- Year Built
- 1973
- Property Type
- Condo
- MLS #
- B26074503
- Property Tax
- $921 (2026)
- HOA Fees
- $580 / Monthly
- Subdivision
- PALM LAKE 1 CONDO
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
Welcome to Palm Lake Condominium, a boutique waterfront senior community ideally located just minutes from the beach and vibrant Downtown Lake Worth Beach. This beautifully remodeled 1-bedroom, 1.5-bath residence is situated on the 4th and top floor and offers a bright, fresh interior with porcelain tile flooring throughout and generous closet space. The opened-up kitchen is beautifully finished in crisp white with granite countertops and waterfall detail, Frigidaire stainless steel appliances, white subway tile backsplash, recessed lighting, and a clean, contemporary feel. The spacious primary suite features an updated bath with a walk-in shower, frameless glass enclosure, and new vanity. The half bath has also been stylishly updated with a new sink, vanity and an attractive accent wall. Palm Lake offers a heated, resort-style pool with direct views of the Intracoastal Waterway, plus a community room with billiards, library, party room, and full kitchen. The building has recently completed significant improvements, including concrete restoration, exterior painting, a new seawall, and new elevators. Enjoy an easy South Florida lifestyle approximately two miles from the beach and Downtown Lake Worth Beach's restaurants, shops, galleries, and entertainment. A beautifully updated top-floor residence in an intimate waterfront community with so much to offer.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 4
- Levels
- One
- Parking
- Assigned / Asphalt
- Direction Faces
- South
- Lot Size (Acres)
- 0
- Living Sq Ft
- 767
- Total Sq Ft
- 832
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SF-7 (city)
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Individual
- Flooring
- Tile
- Interior Features
- Breakfast Bar / Built In Features / Closet Cabinetry / Living Dining Room / Separate Shower / Walk In Closets
- Laundry
- Common Area
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Composition
- Exterior Features
- Balcony / Courtyard / Outdoor Living Area / Storage
- Pool Features
- Association / Heated
- Patio & Porch
- Screened / Balcony
- Lot Features
- Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
- View
- Clubhouse / Garden
Community & HOA
- HOA Fee
- $580 / Monthly
- HOA Name
- Palm Lake Condo Assn
- HOA Includes
- Common Areas / Cable Tv / Insurance / Legal Accounting / Maintenance Grounds / Pools / Reserve Fund / Sewer / Trash / Water
- Association Amenities
- Billiard Room / Clubhouse / Community Kitchen / Laundry / Pool / Parking / Recreation Facilities / Sauna / Storage / Trash / Elevators
- Security
- Phone Entry
- Utilities
- Cable Connected / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Boats / No Commercial Vehicles / No Rv / No Smoking / No Trailer Parking / Ok To Lease
- MLS Area
- 5640
This home's HOA fee works out to $580 a month, in line with the $580 median across 3 homes for sale in Palm Lake 1 Condo. See Palm Lake 1 Condo HOA fees
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
- 3
- Under Contract
- 1
- Median List Price
- $170,000
- Median $/Sq Ft
- $222
- Avg Days on Market
- 99
Frequently Asked Questions
- How do I schedule a tour of 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460?
- Use the Tour button on this listing to request a showing of 1516 S Lakeside Drive 408, 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 408, Lake Worth Beach, FL 33460 still available?
- 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460 is currently listed as Active, and has been on the market 26 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 408, Lake Worth Beach, FL 33460?
- With 20% down ($33,980) on the $169,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460 is about $893/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 408, 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 408, 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 408, Lake Worth Beach, FL 33460 have an HOA fee?
- Yes: 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460 carries an HOA fee of about $580 monthly (Palm Lake Condo Assn). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460?
- 1516 S Lakeside Drive 408, 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 1516 S Lakeside Drive 408, Lake Worth Beach, FL 33460?
- Often, yes. The right offer on 1516 S Lakeside Drive 408, 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
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 September 11, 2026.
$169,900
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Listed by Susan B Fleming, Illustrated Properties
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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.
