by RH Advisors

See Home Value
$390,000
House - Off Market

707 3rd Ave

Lake Worth Beach, FL 33460
bedrooms
2 Beds
bathrooms
2 Baths
square feet
720 Sqft
$2,281
Estimated Monthly
6.26%
Cap Rate

About This Property

Discover this delightful 2-bed, 2-bath gem in the heart of East Lake Worth, moments from downtown. A top-to-bottom remodel has created a sleek and modern home with premium touches like a new Nest thermostat, impact windows, and doors. The kitchen is a chef's dream with white shaker cabinets, waterfall quartz counters, and stainless steel appliances. The master suite offers an en-suite bath, two closets, and a cozy nook. Outside, a newly fenced yard with a deck awaits for BBQs and relaxation. Just a short stroll to downtown nightlife and under 2 miles from the beach. Updates also include a new AC and tankless water heater. Welcome to your stylish East Lake Worth retreat!  Perfect rental income property or starter home.  Bring all offers.
Unit Size
720Ft²
Days on Market
-
Land Size
-
Price per sqft
$542
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1961
Last updated: 5 months ago (Beaches MLS #F10398769)

Price History

Date / Event Date Event Price
Feb 1, 2024 No longer available -
No longer available
Nov 30, 2023 Price Decreased $390,000
↓ $8K (2%)
Price Decreased
Nov 7, 2023 Price Decreased $398,000
↓ $2K (0.5%)
Price Decreased
Sep 13, 2023 Listed by LPT Realty $400,000
Listed by LPT Realty
Feb 10, 2020 Sold to Carl Brome $225,000
Sold to Carl Brome
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,873
  • Lot Size Depth Feet: 20
  • Lot Size Frontage Feet: 670
  • Total Building Area: 756
  • Gross Building Area: 756
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 720
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF LAKE WORTH W 66.8 FT OF LT 17 & W 66.8 FT OF N 3 FT OF LT 18 BLK 115

Ownership

  • Current Owner : BROME CARL
  • Previous Owner : CAS INV PROPERTIES LLC
  • Owner Before Previous Owner: RIDGE ENT GERALD LEVY LIVING LLC

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005202

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-115-0172
  • Block: 115
  • Lot: 17,18
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6121
  • Longitude: -80.0559

    Address

  • Full Address: 707 3rd Ave S
  • Address - House Number: 707
  • Street Segment Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 4527
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 730
  • Tax Year: 2022
  • Tax Amount: $4,387
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 93
  • Final Value: 374,385
  • High Value: 406,542
  • Low Value: 342,229

    Market Valuation

  • Market Total Value: $200,631
  • Market Land Value: $61,710
  • Market Improvement Value: $138,921

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,178

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11730384934
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200052129
  • Previous Sale Recording Date: Dec 27, 2017
  • Previous Sale Contract Date: Dec 22, 2017
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
760 ft²
$520/ft²
$395,000 Sep 4, 2023
-
$271/mo
House
2 Beds
1 Bath
860 ft²
$457/ft²
$392,900 Oct 22, 2023
-
$364/mo
House
2 Beds
2 Baths
1,140 ft²
$373/ft²
$425,000 Jun 20, 2023
-
$423/mo
House
1 Bed
1.5 Baths
686 ft²
$611/ft²
$419,000 Nov 1, 2023
-
$238/mo
House
3 Beds
2 Baths
790 ft²
$506/ft²
$399,999 Sep 26, 2023
-
$451/mo
House
3 Beds
1 Bath
960 ft²
$365/ft²
$350,000 Sep 6, 2023
-
$266/mo
House
3 Beds
2 Baths
1,034 ft²
$314/ft²
$325,000 Sep 24, 2023
-
$425/mo
Condo
2 Beds
2 Baths
1,105 ft²
$361/ft²
$399,000 Oct 31, 2023
-
$1,515/mo
House
3 Beds
2 Baths
1,312 ft²
$343/ft²
$450,000 Sep 10, 2022
-
$275/mo
House
3 Beds
2 Baths
1,496 ft²
$284/ft²
$425,000 May 14, 2023
-
$90/mo
House
3 Beds
2 Baths
1,572 ft²
$296/ft²
$464,900 Sep 7, 2023
-
$345/mo
Townhouse
2 Beds
4 Baths
1,640 ft²
$271/ft²
$444,900 Aug 23, 2023
-
$876/mo

About Downtown Jewel


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Frequently Asked Questions

When was property at 707 3rd Avenue South built and last sold?
The property at 707 3rd Avenue South was built in 1961 and last sold on Feb 7, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 707 3rd Avenue South is $399,575.
What are some comparable homes to 707 3rd Avenue South?
Homes that are comparable to 707 3rd Avenue South include a house property at 108 South K Street, 616 North L Street, 428 North J Street.

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