$138,500
550 Covered Bridge
Lake Worth, FL 33467
Explore the area: Lake Worth homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $138,500
- Price per sq ft
- $147
- Vs. nearby sales
- 17.6% above
- Days on market
- N/A
This 2-bedroom condo in Covered Bridge Condo is listed at $138,500, or $147 per square foot. The 4 most recent condo sales in the closings shown below sold at a median of $125 per square foot, so the asking price is 17.6% above what comparable homes here actually sold for.
Estimated monthly payment
$728 /mo
Principal and interest only, based on $27,700 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $526/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $138,500
- Days on Site
- 0 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 941 sqft
- Total Sq Ft
- 941 sqft
- Year Built
- 1983
- Property Type
- Condo
- MLS #
- B26093458
- Property Tax
- $2,514 (2025)
- HOA Fees
- $526 / Monthly
- Subdivision
- COVERED BRIDGE CONDO
- Development
- Covered Bridge
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Welcome home to this light and bright 2-bedroom, 2-bath condo in the desirable 55+ community of Covered Bridge! Enjoy a spacious and inviting living area, accordion shutters for added peace of mind, and a covered sunroom perfect for relaxing and enjoying the Florida lifestyle. Conveniently located within walking distance to the clubhouse, this community offers an array of amenities, including heated swimming pools, fitness room, community room, library, tennis and pickleball courts, and scenic walking trails around the beautiful lake. HOA fees include cable, internet, water, and exterior building insurance. Enjoy resort-style living in this active adult community!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1983
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Assigned
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 941
- Total Sq Ft
- 941
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RES
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Tile
- Interior Features
- Living Dining Room / Split Bedrooms / Separate Shower
- Laundry
- Laundry Closet / In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Pool Features
- Heated
Community & HOA
- HOA Fee
- $526 / Monthly
- HOA Name
- Covered Bridge Condominium Association
- HOA Includes
- Common Areas / Cable Tv / Internet / Pools / Water
- Association Amenities
- Clubhouse / Fitness Center / Library / Management / Pool / Shuffleboard Court / Sidewalks / Tennis Courts
- Community Features
- Property Manager On Site / Street Lights
- Utilities
- Electricity Connected / Water Connected
- Pets Allowed
- Number Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Lease1st Year Owned / Ok To Lease
- MLS Area
- 5750
This home's HOA fee works out to $526 a month, in line with the $544 median across 24 homes for sale in Covered Bridge Condo. See Covered Bridge Condo HOA fees
About the Community
Covered Bridge is an age-restricted 55+ community in Lake Worth, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $132,900 to $200,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Covered Bridge 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
- 22
- Under Contract
- 4
- Median List Price
- $193,500
- Median $/Sq Ft
- $184
- Avg Days on Market
- 85
Frequently Asked Questions
- How do I schedule a tour of 550 Covered Bridge, Lake Worth, FL 33467?
- Use the Tour button on this listing to request a showing of 550 Covered Bridge, Lake Worth, FL 33467. 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 550 Covered Bridge, Lake Worth, FL 33467 still available?
- 550 Covered Bridge, Lake Worth, FL 33467 is currently listed as Active. 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 550 Covered Bridge, Lake Worth, FL 33467?
- With 20% down ($27,700) on the $138,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Covered Bridge, Lake Worth, FL 33467 is about $728/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 550 Covered Bridge, Lake Worth, FL 33467?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 Covered Bridge, Lake Worth, FL 33467. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 550 Covered Bridge, Lake Worth, FL 33467 have an HOA fee?
- Yes: 550 Covered Bridge, Lake Worth, FL 33467 carries an HOA fee of about $526 monthly (Covered Bridge Condominium Association). 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 550 Covered Bridge, Lake Worth, FL 33467?
- Often, yes. The right offer on 550 Covered Bridge, Lake Worth, FL 33467 depends on how it's priced against comparable condo sales in Lake Worth, 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 Option One 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 November 14, 2026.
$138,500
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Listed by Staci Lyn Swietkoski, Option One Realty Inc.
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Recent Sales
Recently sold homes in Covered Bridge Condo
These are the last 6 recorded closings in Covered Bridge Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $127 per square foot. The most recent closed on October 6, 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$134,400
Sold · October 6, 2026
892 WORCESTER Lane B
2 bed · 2 bath · 1,088 sqft · $124/sqft
$5,500 under the asking price
Sold$137,000
Sold · September 30, 2026
508 Holyoke Lane A
2 bed · 2 bath · 1,088 sqft · $126/sqft
$22,999 under the asking price
Sold$139,900
Sold · September 29, 2026
676 Laconia Circle B
1 bed · 1.5 bath · 1,024 sqft · $137/sqft
Sold$165,825
Sold · September 14, 2026
448 Franconia Circle B
2 bed · 2 bath · 1,088 sqft · $152/sqft
$9,175 under the asking price
Sold$138,500
Sold · August 31, 2026
475 Holyoke Lane
2 bed · 2 bath · 1,088 sqft · $127/sqft
$26,499 under the asking price
Sold$102,000
Sold · August 21, 2026
170 Amherst Lane
2 bed · 2 bath · 1,024 sqft · $100/sqft
$30,900 under the asking price
See every recorded sale in Covered Bridge Condo or find out what your Covered Bridge Condo home is worth.
