618 N Federal Hwy Lake Worth, FL 33460
Parrot Cove NeighborhoodEstimated payment $2,427/month
About This Lot
Excellent build opportunity in highly sought after Historic Downtown Lake Worth Beach! Minutes to the beach, nestled amongst residential and commercial buildings, sits this gem of a lot, with 50' Federal Highway frontage. Current land use is commercial, zoning is MU-FH (city)/mixed use planned development district, part of the ''Northeast Lucerne Historic District''. This lot was was previously home to a 1300 sq ft duplex, 2/2 up and 2/1 down, which was torn down back in 2011/12. Over the years there has been speculation to build 4-1 bedroom units, 1-SFR, 3-2 story Townhomes, 1-Commercial use for office space, and lastly possibility of a Duplex, live to work build opportunity. This is THE PERFECT location for any of the above possibilities to access everything the Tropics stands for!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,405
Year Built
- 1926
Lot Details
- 6,504 Sq Ft Lot
- Paved or Partially Paved Lot
- Site Plan Filed
- Property is zoned MU-FH
Property Views
- Water Views
Schools
- North Grade K-8 Elementary School
- Lake Worth Middle School
- Lake Worth High School
Community Details
- Lake Worth Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 38434421151700050
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,556 | $82,474 | -- | -- |
| 2023 | $2,405 | $74,976 | $0 | $0 |
| 2022 | $1,895 | $68,160 | -- | -- |
| 2021 | $1,773 | $61,964 | $61,964 | $0 |
| 2020 | $1,783 | $61,964 | $61,964 | $0 |
| 2019 | $1,715 | $59,038 | $59,038 | $0 |
| 2018 | $1,643 | $57,348 | $57,348 | $0 |
| 2017 | $1,586 | $54,617 | $54,617 | $0 |
| 2016 | $1,481 | $50,065 | $0 | $0 |
| 2015 | $1,390 | $45,514 | $0 | $0 |
| 2014 | $1,400 | $45,514 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | For Sale | $399,000 | +786.7% | -- |
| 04/01/2014 04/01/14 | Sold | $45,000 | -9.1% | $54 / Sq Ft |
| 03/02/2014 03/02/14 | Pending | -- | -- | -- |
| 12/23/2013 12/23/13 | For Sale | $49,500 | +76.8% | $59 / Sq Ft |
| 01/15/2013 01/15/13 | Sold | $28,000 | -20.0% | $33 / Sq Ft |
| 12/16/2012 12/16/12 | Pending | -- | -- | -- |
| 04/03/2012 04/03/12 | For Sale | $35,000 | -- | $42 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | Title Associates Usa Llc | |
| Warranty Deed | $28,000 | First Priority Title Company | |
| Special Warranty Deed | $42,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $263,000 | Reliable Title Services Inc | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | Americas Best Title Llc | |
| Warranty Deed | $135,000 | Americas Best Title Llc | |
| Warranty Deed | $76,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $249,550 | Fannie Mae Freddie Mac | |
| Previous Owner | $108,000 | Purchase Money Mortgage | |
| Previous Owner | $73,050 | New Conventional |
Source: BeachesMLS
MLS Number: R10955844
APN: 38-43-44-21-15-170-0050
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