$124,900
Lake Worth Beach, FL 33460
MLS# R11151269
Status: Active Under Contract
1 beds | 1 baths | 713 sqft
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Property Description
Worried about the assessments? DON'T BE! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the repairs that were done including a NEW ROOF! Closing out the 40 yr. inspections. There were Impact windows installed in 2021 ($7K), Newer HVAC system in and out ($5500) not much more you can ask for. It is Original but clean, all new tile floors, ready for you to go in with your imagination and turn this canvass into a masterpiece! This is a perfectly located unit right inside the front entrance, on the first floor, with the laundry room just steps away, as well as a patio door access!
Details
Documents
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-01-04
Status: Active Under Contract
Original List Price: 124900
List Price: $124,900
Current Price: $124,900
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Development Name: PALM LAKE
Geographic Area: PB16
Special Assessment YN: No
Building Name: 1502
Country: United States
Street Number: 1502
Street Direction Prefix: S
Street Name: Lakeside
Street Suffix: Drive
Unit Number: 118
State Or Province: FL
Postal Code: 33460
Subdivision Name: PALM LAKE 1 CONDO
Area: 5610
Elementary School: Barton
Middle Or Junior School: Lantana Community
High School: Lake Worth
Parcel Number: 38434434150011180
Zoning: SF-7(c
General Property Information
Unit Floor #: 1
Living Area Main: 658
Gated Community YN: No
Lot Size Area: 0
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 4
Pool Private YN: No
Spa YN: No
Year Roof Installed: 2023
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 713
Building Area Source: Public Records
Year Built: 1973
Waterfront YN: 1
Direction Faces: North
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Mandatory
Association Phone: 561-440-7854
Association Website: www.jmamanagement.net
Membership Fee Required YN: No
Association YN: 1
Association Fee: 503
Association Fee Frequency: Monthly
Tax Annual Amount: 1982.14
Tax Year: 2025
Tax Legal Description: PALM LAKE NO 1 COND UNIT 118-N -
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Amenities
Boating: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Game Room: 1
Jogging Path: 1
Laundry: 1
Lobby: 1
Parking: 1
Picnic Area: 1
Pool: 1
Sauna: 1
Sidewalks: 1
Street Lights: 1
Association Fee Includes
Cable TV: 1
Common Areas: 1
Common Real Estate Tax: 1
Elevator: 1
Insurance: 1
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Electric
Three Phase: 1
Entry Information
Entry Location: Entry Level Living Area Y
Flooring
Carpet: 1
Ceramic Tile: 1
Parking Features
Assigned: 1
Guest: 1
On Street: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Negotiable: 1
Qualifying Requirements
Minimum Credit Score: 600
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Central: 1
Sprinkler Description
Auto Sprinkler: 1
Zoned Sprinkler: 1
Leasing Restrictions
Leasing - Minimum Number of Days: 90
Unit Description
Interior Hallway: 1
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Construction Materials
CBS: 1
Interior Features
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sidewalks: 1
Road Frontage Type
East of US-1: 1
Public Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Rolled/Hot Mop: 1
Security Features
None: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Seawall: 1
Water Heater Details
Electric Water Heater: 1
Capital Contributions
Capital Contributions YN: No
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Occupied: 1
Schedule Online: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
No: 1
Restrictions
Buyer Approval Required: 1
Limited # Vehicles: 1
Parking - No Boat: 1
Parking - No Commercial Vehicles: 1
Parking - No RV: 1
Other Leasing Restrictions
Leasing Prohibited 1st 2 Years: 1
Tenant Approval: 1
Storm Protection
Impact Glass: Complete
Tax Information
No Homestead: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Screened: 1
Contingencies
Financing: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 189.81
Status Change Information
Major Change Timestamp: 2026-02-26T14:20:53Z
Major Change Type: Status Change
Status Change Date: 2026-02-26
Under Contract Type: Active Under Contract
Under Contract Date: 2026-02-12
Originating Details
Originating System Key: 20260104172932435881000000
Originating System ID: M00000170
Property Features
Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; Insurance; Maintenance Grounds; Trash; Water
Dining Area: Dining/Living Room
Electric: Three Phase
Flooring: Carpet; Ceramic Tile
Parking Features: Assigned; Guest; On Street
Property Condition: Resale
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Water Heater
Water Heater Details: Electric Water Heater
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Walk-In Closet(s)
Listing Terms: Cash; Conventional
Lot Features: Sidewalks
Pets Allowed YN: No
Possession: Negotiable
Restrictions: Buyer Approval Required; Limited # Vehicles; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV
Other Leasing Restrictions: Leasing Prohibited 1st 2 Years; Tenant Approval
Road Frontage Type: East of US-1; Public Road
Road Surface Type: Paved
Roof: Composition; Rolled/Hot Mop
Security Features: None
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler; Zoned Sprinkler
Tax Information: No Homestead
Unit Description: Interior Hallway
Utilities: Cable Available; Sewer Available; Water Available
View: Other
Water Source: Public
Waterfront Features: Intracoastal; Seawall
Showing Requirements: Occupied; Schedule Online
Occupant Details: Tenant Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Screened
Contingencies: Financing
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
There is also an additional storage locker on the second floor. Being on the water like this has it's perks! Grab a kayak and take it for a spin down the waterways, participate in ALL that our FABULOUS historic downtown Lake Worth Beach has to offer, including a public dock, a classic 1920's playhouse, excellent pubs and restaurants, the pier for fishing and a championship 18 hole golf course! But the list doesn't stop there, that's all within short minutes, up to WPB you have Clematis by Night, The Square, tons of culture at the Kravitz Center, Norton Art Gallery, then just a hop over to the island for some of the finest food and shopping Florida has to offer. you can't buy in to paradise any more affordable than this.
Room Information
| Room Name | Length | Width | Level |
| Kitchen | 9.00 | 10.00 | Main |
| Living Room | 23.00 | 12.00 | Main |
| Master Bedroom | 12.00 | 13.00 | Main |
condo docs 
Listing Office: True Blue Realty Inc
Last Updated: April - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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