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Memorial Park

Memorial Park

Suburban Neighborhood in Lake Worth, Florida

Palm Beach County 33460, 33461

$358,063 Average Value
$315 Average Price per Sq Ft
4 Homes For Sale

Revitalized community still retains "Old Florida" feel

The colorful houses and palm tree-lined streets in Memorial Park lend themselves to the neighborhood’s “Old Florida” atmosphere. This humble slice of coastal suburbia is coming back to life after a period of decline. “That’s mostly due to its convenient location, which people love because it’s right by Interstate 95, but it’s still east of the highway, so you’re closer to the beach,” says Donna Alexis, a real estate association with RE/MAX Complete Solutions, who has 12 years of experience selling in South Florida. “People have started to buy the homes and invest in them by making modern upgrades.”

Memorial Park is known for its deeply colored and vibrant homes.
Memorial Park is known for its deeply colored and vibrant homes.
Colorful townhouses dot the neighborhood in Memorial Park.
Colorful townhouses dot the neighborhood in Memorial Park.
Memorial Park has many traditional style bungalows.
Memorial Park has many traditional style bungalows.
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Vast parks and beach days

A major destination for fishing and boating, the Intracoastal Waterway separates Florida’s barrier islands from the mainland. Locals can drive across the Lake Avenue Drawbridge to hit the city’s oceanfront strip, just 2 miles east. For a freshwater adventure, Lake Osborne and John Prince Park sit west of the neighborhood. Friends can get together for a game of basketball, pickleball or tennis. It’s also become a popular spot among kids because there are multiple playgrounds for different ages. The Custard Apple Trail loops around Lake Osborne and has been a staple for outdoor enthusiasts since the 1940s, when it became the city’s first nature trail. Wetlands reveal themselves as locals wander farther along the walkway lined with pond apple trees. People will likely spot wildlife like herons, egrets, osprey and marsh rabbits while venturing through the swampy trail.

Lake Worth Beach offers Memorial Park residents miles of sandy beaches and clear water.
Lake Worth Beach offers Memorial Park residents miles of sandy beaches and clear water.
John Prince Park offers long trails for walking and biking near Memorial Park.
John Prince Park offers long trails for walking and biking near Memorial Park.
Locals can be seen playing horseshoes in Bryant Park near Memorial Park.
Locals can be seen playing horseshoes in Bryant Park near Memorial Park.
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Renovated midcentury homes

Memorial Park primarily features ranch-style and minimal traditional homes, with some featuring small front patios, while others sport Spanish design elements like clay roof tiles or arched stucco entryways. Larger, two-story condo buildings and duplexes share the streets, blending in with the freestanding homes. Price points here tend to be lower than other neighborhoods in Lake Worth Beach, closer to the waterfront or downtown. Depending on renovations, a two-to three-bedroom home can list from $260,000 to $385,000. One-to two-bedroom condos in Memorial Park are usually priced from $110,000 to $149,000. In nearby ROLO, homes can sell for $450,000 to $570,000. In South Palm Park, a house with a view of the Lake Worth Lagoon can climb into the millions.

Most homes in Memorial Park are traditional ranch-styles with small yards.
Most homes in Memorial Park are traditional ranch-styles with small yards.
Colorful townhouses dot the neighborhood in Memorial Park.
Colorful townhouses dot the neighborhood in Memorial Park.
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Friendly neighborhood competition

Memorial Park’s active neighborhood association puts together community events and inter-neighborhood competitions. One of the most popular events in Lake Worth Beach is the Fourth of July celebration, culminating in the biggest neighborhood rivalry of all: The Great American Raft Race. A community mainstay for more than 20 years, the race along the Intracoastal Waterway features rafts from local groups and neighborhood organizations, each adhering to strict building standards and that year’s theme.

Everyday essentials and patio front restaurants

Thanks to the neighborhood’s proximity to Dixie Highway, locals are never too far from daily essentials, a historic community theater and beloved local eateries. “Most are situated along Lake and Lucerne Avenues, but a lot of people enjoy the waterfront vibe at Benny’s on the Beach,” says Lisa Treu, founder and real estate agent with Treu Group Real Estate with 15 years of experience selling in South Florida. Awnings and string lights hang over the outdoor patios of restaurants frequented by locals, including Mario’s, The Irish Brigade and Lilo’s Streetfood & Bar. Tucked in the back of Lilo’s is a hidden gem called The Library, a cozy speakeasy with craft cocktails and live music. For groceries, there’s a Publix nearby. Down the road is Lake Worth Playhouse, a hub for independent movie lovers and local artists who have been performing on the stage since the 1920s.

The Publix on Dixie Highway offers groceries just down the road from Memorial Park.
The Publix on Dixie Highway offers groceries just down the road from Memorial Park.
Head to Dave's Last Resort for some great seafood a short drive from Memorial Park.
Head to Dave's Last Resort for some great seafood a short drive from Memorial Park.
Lilo's Street food is a highly popular eatery in Old Town near Memorial Park.
Lilo's Street food is a highly popular eatery in Old Town near Memorial Park.
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Career choice programs in Palm Beach County schools

Students in Memorial Park attend Barton Elementary School and Lake Worth Community Middle School, each with a C rating from Niche. As part of The School District of Palm Beach County, they’ll later filter into C-plus-rated Lake Worth Community High School. The district offers choice programs to its students, similar to a magnet program, designed to train students and potentially feed the workforce in Palm Beach County. There are nine programs offered at Lake Worth Community High School, including culinary arts, criminal justice and biomedical sciences.

Memorial Park edged by Dixie Highway and I-95

Cutting through the neighborhood’s western side is Pinecrest Cemetery. This memorial site has graves dating as far back as the late 1890s and features a large memorial garden for fallen veterans from Lake Worth Beach. It’s situated just one block away from Interstate 95, which could make for some traffic noise during rush hour. Residents may also hear trains passing by on the railroad tracks running along the western side of I-95 and Memorial Park’s eastern end near U.S. Route 1, known to locals as Dixie Highway. Both roadways provide access to the shores lining the Intracoastal Waterway and downtown Lake Worth Beach, within 1 to 2.5 miles of the neighborhood. For even more travel options, locals can jump on I-95 northbound for 10 miles to reach Palm Beach International Airport. Dixie Highway also runs to the Keys off the southern tip of the state.

Pinecrest Cemetery sits centered in the Memorial Park neighborhood.
Pinecrest Cemetery sits centered in the Memorial Park neighborhood.
Memorial Park is just a short drive from Lake Worth Beach.
Memorial Park is just a short drive from Lake Worth Beach.
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Sara Ferguson
Written By
Sara Ferguson
Nathan Allen
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Nathan Allen

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Schools

Source:
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Interested in learning more about homes in this area? Reach out to Loodmy Jacques, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Palm Beach International

13 min drive

Bus

12th Ave S & S B St

Bus

6th Ave S & S C St

Bus

12th Ave S & S H St

Bus

12th Ave S & S F St

Bus

12th Ave S & S D St

Bus

6th Ave S & S A St

Crime and Safety

1 - Low Crime, 10 - High Crime Memorial Park US
Homicide 7 4
Sexual Assault 9 4
Assault with Weapon 10 4
Robbery 10 4
Burglary 8 4
Motor Vehicle Theft 10 4
Larceny 6 4
Crime Score 9 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$342,500
Median Single Family Price
$350,000
Median 2 Bedroom Price
$140,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
4
Last 12 months Home Sales
22
Months of Supply
2.20
Median List Price
$372,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
622
Median Year Built
1958
Avg. Single Family Home Size Sq Ft
1,188
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
1,967
Average 2 Bedroom Size Sq Ft
772
Average 1 Bedroom Size Sq Ft
619
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Loodmy Jacques, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,369
Median Age
32
Population Density
15 ppl/acre
Population under 18
31.8%
Above the national average
23.8%
Population over 65
10%
Below the national average
19.1%

Finances

Median Household Income
$52,875
Significantly below the national average
$71,702
Average Household Income
$60,770

Education and Workforce

High School Graduates
46.9%
Significantly below the national average
89.1%
College Graduates
3.3%
Significantly below the national average
34.1%
Advanced Degrees
1.2%
% Population in Labor Force
63.5%

Weather

Annual Precipitation
62''
Average Winter Low Temperature
58°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

65 / 100

Car-Dependent

Walk Score®

42 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Memorial Park