Investment Potential for 215 N Palmway

The property has a current estimated value of $992,532, which is 9% above the neighborhood median, based on public records. It last sold on May 31, 2012 for $210K. Projected long-term

is $28,200 annually ($2,350 per month) with a 86% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$210,000

Sold May 31, 2012

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$993K

($932K - $1.06M)

9% above neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$*******

View Forecast

Discover more Single Family Homes in Parrot Cove.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$28,200 per year($2,350 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

86%in 33460 zip code

View Rental Potential

Owners & Occupancy for 215 N Palmway

No contact information is available.

Appreciation Since Purchased

$782,532

Purchased May 31, 2012

Number of Residents

2

Occupancy

Resident 1	****************** age 55
Resident 2	*************** age 62

Property Details for 215 N Palmway

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$******

View Equity

Property Age

85 years

(Remodeled 1980)

6 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

1,816 sq ft

22% below market

Lot Size

6,750 sq ft

0% above market

Price Per Sq Ft

Living Area

$547 / sq ft

6% above market

Lot Size Area

$147 / sq ft

19% above market

Property Information

Property condition, age, exterior, etc. for 215 N Palm…

Land & Location Information

Longitude: -80.050651 Latitude: 26.618215 Parcel Number (APN): 38-43-44-21-15-040-0130…

Mortgage & Equity Information

Mortgage originated on through lender: First Equity Mtg Bankers Inc for$******View Mortgage Details

Recommended Properties in Parrot Cove

Discover more single family homes near 215 N Palmway in Lake Worth Beach, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 5 - 10 Years
$780K - $874K
Est. Value
1219 N Lakeside Dr, Lake Worth Beach, FL 33460
2 beds · 2 baths · 1,365 sq ft · Last Sold: $380,000 in 2019 · Built: 1947
Owner Age 55 - 65
$705K - $776K
Est. Value
1115 N Lakeside Dr, Lake Worth, FL 33460
3 beds · 1 baths · 1,723 sq ft · Last Sold: $200,000 in 2003 · Built: 1941
Valued above Market Median
$748K - $824K
Est. Value
430 N Palmway, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,367 sq ft · Last Sold: $736,000 in 2023 · Built: 1955
Owned for Less Than 5 Years
$556K - $632K
Est. Value
315 N Ocean Breeze, Lake Worth Beach, FL 33460
3 beds · 1 baths · 1,160 sq ft · Last Sold: $330,000 in 2021 · Built: 1929
Valued above Market Median
$797K - $876K
Est. Value
425 N Lakeside Dr, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,649 sq ft · Last Sold: $75,000 in 1989 · Built: 1936
Valued below Market Median
$392K - $418K
Est. Value
418 N Federal Hwy 25, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,678 sq ft · Last Sold: $109,500 in 2010 · Built: 2005
Valued below Market Median
$475K - $538K
Est. Value
117 N Ocean Breeze, Lake Worth Beach, FL 33460
3 beds · 1 baths · 850 sq ft · Built: 1921
Owned for Less Than 5 Years
$720K - $791K
Est. Value
725 N Ocean Breeze, Lake Worth, FL 33460
3 beds · 2 baths · 1,363 sq ft · Last Sold: $650,000 in 2022 · Built: 1945
High Demand Long-Term Rental
$381K - $402K
Est. Value
930 N Federal Hwy, Lake Worth Beach, FL 33460
2 beds · 2 baths · 1,728 sq ft · Last Sold: $110,000 in 2011 · Built: 2005
Owner Age 65 - 75
$854K - $956K
Est. Value
730 N Golfview Rd, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,807 sq ft · Last Sold: $114,900 in 1988 · Built: 1949
Owner Age Above 75
$899K - $984K
Est. Value
703 N Lakeside Dr, Lake Worth Beach, FL 33460
4 beds · 2 baths · 2,031 sq ft · Built: 1931
Owner Age Above 75
$545K - $582K
Est. Value
1016 N Ocean Breeze, Lake Worth, FL 33460
3 beds · 1 baths · 972 sq ft · Last Sold: $82,500 in 1995 · Built: 1947
Owner Age 55 - 65
$599K - $658K
Est. Value
622 N Palmway, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,327 sq ft · Built: 1956
Owner Age 45 - 55
$586K - $645K
Est. Value
618 N Ocean Breeze, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,342 sq ft · Last Sold: $215,000 in 2015 · Built: 1944
Owned for 25 - 50 Years
$548K - $588K
Est. Value
1124 N Palmway, Lake Worth, FL 33460
3 beds · 1 baths · 981 sq ft · Last Sold: $20,500 in 1989 · Built: 1951
Owner Age Above 75
$602K - $650K
Est. Value
325 N Palmway, Lake Worth Beach, FL 33460
3 beds · 2 baths · 899 sq ft · Built: 1935
Valued above Market Median
$793K - $880K
Est. Value
925 N Lakeside Dr, Lake Worth Beach, FL 33460
3 beds · 3 baths · 1,858 sq ft · Last Sold: $417,500 in 2015 · Built: 1956
Owned for Less Than 5 Years
$682K - $768K
Est. Value
1116 N Palmway, Lake Worth Beach, FL 33460
3 beds · 2 baths · 1,664 sq ft · Last Sold: $575,900 in 2023 · Built: 1950
Owner Age 55 - 65
$527K - $583K
Est. Value
521 N Ocean Breeze, Lake Worth, FL 33460
3 beds · 1 baths · 1,134 sq ft · Last Sold: $175,000 in 2003 · Built: 1945
High Demand Long-Term Rental
$667K - $743K
Est. Value
1117 N Lakeside Dr, Lake Worth, FL 33460
2 beds · 2 baths · 1,712 sq ft · Last Sold: $104,000 in 1993 · Built: 1960

Market Benchmarks

Compare data for 215 N Palmway in Palm Beach County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$992,532

$914,688

$77,844 (9%)

$494,098

$498,434 (101%)

$*******

$********

$****** (****%)

$664,260

$1,421,355 (214%)

YoY Price Change

—

Year Built

1940

1946

-6 years

2002

-62 years

Living Space

1,816 sq ft

2,336 sq ft

-520 (-22%)

2,420 sq ft

-604 (-25%)

$ Per Living Sq Ft

$547

$514

$33 (6%)

$214

$333 (155%)

Lot Size

6,750 sq ft

0 (0%)

10,153 sq ft

-3403 (-34%)

$ Per Lot Sq Ft

$147

$124

$23 (19%)

$55

$92 (169%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$20,680

-$8,530 (-41%)

Annual Revenue

$28,200

$28,800

-$600 (-2%)

$32,400

-$4,200 (-13%)

$*****

$**** (****%)

$12,882

$3,168 (25%)

Net Operating Income

$*****

$***** (****%)

$20,680

-$8,530 (-41%)

Cap Rate

****%

—

4.38%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	5
Total Bathrooms	2.5
Year Built	1940
Building Sq Ft	1,816 sq ft
Lot Size	0 Acres
Living Space	1,816 sq ft
Ground Floor	1,050 sq ft
Heating / Fuel	Forced Air
Air Conditioning	Central A/C
Roof Covering	Asphalt/Composition
Garage	Garage

APN	38-43-44-21-15-040-0130
Census Tract	0053003021
Municipality	Lake Worth
County	Palm Beach
Subdivision	Lake Worth Town
Zoning	SFR
Neighborhood	Parrot Cove
Longitude / Latitude	-80.050651 / 26.618215
Lot Size	6,750 sq ft

Loan Amount	$******
Lender	First Equity Mtg Bankers Inc
Origination Date	May 31, 2012
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	*************
Equity	View Equity

215 N Palmway Lake Worth Beach, FL 33460

property value

$992,532

neighborhood valuation

$914,688

market valuation

$627,475

investment intelligence

Investment Potential for 215 N Palmway

rental income

property appreciation

Last Sale Amount

$210,000

property value

$993K

($932K - $1.06M)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 215 N Palmway

Appreciation Since Purchased

$782,532

Number of Residents

2

Occupancy

Property Details for 215 N Palmway

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

85 years

(Remodeled 1980)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in Parrot Cove

$780K - $874K

Est. Value

1219 N Lakeside Dr, Lake Worth Beach, FL 33460

2 beds · 2 baths · 1,365 sq ft · Last Sold: $380,000 in 2019 · Built: 1947

$705K - $776K

Est. Value

1115 N Lakeside Dr, Lake Worth, FL 33460

3 beds · 1 baths · 1,723 sq ft · Last Sold: $200,000 in 2003 · Built: 1941

$748K - $824K

Est. Value

430 N Palmway, Lake Worth Beach, FL 33460

3 beds · 2 baths · 1,367 sq ft · Last Sold: $736,000 in 2023 · Built: 1955

$556K - $632K

Est. Value

315 N Ocean Breeze, Lake Worth Beach, FL 33460

3 beds · 1 baths · 1,160 sq ft · Last Sold: $330,000 in 2021 · Built: 1929

$797K - $876K

Est. Value

425 N Lakeside Dr, Lake Worth Beach, FL 33460

3 beds · 2 baths · 1,649 sq ft · Last Sold: $75,000 in 1989 · Built: 1936

$392K - $418K

Est. Value

418 N Federal Hwy 25, Lake Worth Beach, FL 33460

3 beds · 2 baths · 1,678 sq ft · Last Sold: $109,500 in 2010 · Built: 2005

$475K - $538K

Est. Value

117 N Ocean Breeze, Lake Worth Beach, FL 33460

3 beds · 1 baths · 850 sq ft · Built: 1921

$720K - $791K

Est. Value

725 N Ocean Breeze, Lake Worth, FL 33460

3 beds · 2 baths · 1,363 sq ft · Last Sold: $650,000 in 2022 · Built: 1945

$381K - $402K

Est. Value

930 N Federal Hwy, Lake Worth Beach, FL 33460

2 beds · 2 baths · 1,728 sq ft · Last Sold: $110,000 in 2011 · Built: 2005

$854K - $956K