307 N Federal Hwy Lake Worth, FL 33460
Mango Groves Neighborhood
4
Beds
3.5
Baths
1,732
Sq Ft
6,502
Sq Ft Lot
Highlights
- Heated Pool
- Spanish Architecture
- Eat-In Kitchen
- Garden View
- Porch
- Impact Glass
About This Home
As of April 2025Previously operated as the Banana Inn B & B in the '90s, this charming Mediterranean Revival home continues to host out-of-town travelers seeking the sun and warmth of South Florida. Offered with all furnishings and prospective bookings, if desired, make it a ready-made investment. The home has a successful book of business and grossed over $120K in 2022. Detailed pro forma available upon request to serious buyers only. The walkability to the beach and to downtown which is just steps away with its sidewalk cafes, art galleries and shops make this property the ideal vacation spot. Current zoning allows for a B&B and/or professional office/businesses. The home stands gracefully beneath an olive tree, welcoming visitors with an arched porch entry. Inside you'll discover a trove
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,754
Year Built
- Built in 1902
Lot Details
- 6,502 Sq Ft Lot
- Fenced
- Property is zoned MU-E(c
Property Views
- Garden
- Pool
Home Design
- Spanish Architecture
- Frame Construction
- Spanish Tile Roof
- Tile Roof
- Composition Roof
Interior Spaces
- 1,732 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Decorative Fireplace
- Combination Kitchen and Dining Room
- Ceramic Tile Flooring
- Impact Glass
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Driveway
Outdoor Features
- Heated Pool
- Open Patio
- Porch
Schools
- North Grade K-8 Elementary School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- Lake Worth Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 38434421150940150
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $800,000 | -5.8% | $462 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $849,000 | -3.0% | $490 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $875,000 | -2.7% | $505 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $899,000 | -5.3% | $519 / Sq Ft |
| 11/24/2023 11/24/23 | Price Changed | $949,000 | -4.0% | $548 / Sq Ft |
| 09/27/2023 09/27/23 | For Sale | $989,000 | +295.6% | $571 / Sq Ft |
| 07/11/2018 07/11/18 | Sold | $250,000 | -32.2% | $152 / Sq Ft |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $369,000 | -- | $224 / Sq Ft |
Source: BeachesMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,547 | $277,331 | -- | -- |
| 2023 | $6,631 | $252,119 | $0 | $0 |
| 2022 | $5,754 | $229,199 | $0 | $0 |
| 2021 | $5,375 | $208,363 | $61,964 | $146,399 |
| 2020 | $5,207 | $199,957 | $61,964 | $137,993 |
| 2019 | $4,893 | $185,374 | $59,038 | $126,336 |
| 2018 | $4,374 | $167,292 | $57,348 | $109,944 |
| 2017 | $4,325 | $165,485 | $54,617 | $110,868 |
| 2016 | $4,269 | $165,088 | $0 | $0 |
| 2015 | $4,268 | $160,790 | $0 | $0 |
| 2014 | $4,052 | $150,088 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,250 | New Conventional | |
| Closed | $343,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $259,070 | New Conventional | |
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $50,600 | Credit Line Revolving | |
| Previous Owner | $131,500 | Balloon | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $119,172 | FHA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Progressive Title Solutions | |
| Interfamily Deed Transfer | $45,000 | Attorney | |
| Warranty Deed | $173,000 | Universal Land Title Llc | |
| Warranty Deed | $122,500 | -- |
Source: Public Records
Similar Homes in Lake Worth, FL
Source: BeachesMLS
MLS Number: R10922727
APN: 38-43-44-21-15-094-0150
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