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ClosedBeachesMLS
ClosedMLS® R11151269
Sold for $125,000

1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460

Beds
1
Baths
1
Sqft
658
Est. payment$877/mo
Home type
Condominium
Year built
1973
Lot size
0 sqft
Price / sqft
$190
HOA
—
Community
PALM LAKE 1 CONDO

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! 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.

Listing activity

Days on market
39
Listed
Jan 4, 2026
MLS listing updated
Aug 17, 2026
Feed last checked
10 minutes ago

Listed by Barbara Lilley · True Blue Realty Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0
Main-level bedrooms
1
Main-level bathrooms
1

Rooms & features

Rooms
3
Interior features
Walk-In Closet(s)
Flooring
Carpet, Ceramic Tile
Appliances
Electric Water Heater, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
Furnished
Unfurnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Assigned, Guest, On Street
Attached garage
No

Exterior

Stories
4
Building area
713 sqft
Patio & porch
Patio - Screened, Patio
Pool
No
View
Other
Waterfront
Intracoastal, Seawall
Waterfront property
Yes
Spa
No

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Lot features
Sidewalks
Zoning
SF-7(c
Road surface
Paved
Road frontage
East of US-1, Public Road
Construction

Type & style

Home type
Condominium
Year built
1973
New construction
No

Materials

Construction
CBS
Roof
Composition, Rolled/Hot Mop
Property condition
Resale
Faces
North
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Sewer Available, Water Available
Community & HOA

Community

Subdivision
PALM LAKE 1 CONDO
MLS area
5610
MLS subarea
PB16
Security
None
Pets allowed
No
55+ community
Yes

Association

Has association
Yes
Association fee
$503 monthly
Amenities
Pool, Boating, Clubhouse, Elevator(s), Fitness Center, Game Room, Jogging Path, Laundry, Lobby, Parking, Picnic Area, Sauna, Sidewalks, Street Lights
Services included
Cable TV, Common Areas, Common Real Estate Tax, Elevator, Insurance, Maintenance Grounds, Sewer, Trash, Water
Association phone
561-440-7854
Lease details

Not reported by the listing source.

Location

Area details

City
Lake Worth Beach
County
Palm Beach
ZIP code
33460
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11151269
Possession
Negotiable
Original list price
$124,900
Close price
$125,000
Parcel number
38434434150011180
Annual property tax
$1,982.14
Tax year
2025
Tax legal description
PALM LAKE NO 1 COND UNIT 118-N -
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Boating, Clubhouse, Elevator(s), Fitness Center, Game Room, Jogging Path, Laundry, Lobby, Parking, Picnic Area, Sauna, Sidewalks, Street Lights
Association Fee Frequency
Monthly
Association Fee Includes
Cable TV, Common Areas, Common Real Estate Tax, Elevator, Insurance, Maintenance Grounds, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
713
Close Date
2026-05-08
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
39
Direction Faces
North
Elementary School
Barton
High School
Lake Worth
List Price
124900
Listing Contract Date
2026-01-04
Living Area
658
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
5610
MLSArea Minor
PB16
Main Level Bathrooms
1
Main Level Bedrooms
1
Middle Or Junior School
Lantana Community
Mls Status
Closed
On Market Date
2026-01-04
Patio And Porch Features
Patio - Screened, Patio
Photos Count
41
Postal Code
33460
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1, Public Road
Road Surface Type
Paved
Rooms Total
3
Security Features
None
Senior Community
Yes
Standard Status
Closed
State Or Province
FL
Status Change Timestamp
2026-05-18T19:43:08Z
Stories Total
4
Subdivision Name
PALM LAKE 1 CONDO
Water Source
Public
Waterfront Features
Intracoastal, Seawall
Tax Annual Amount
1982.14
Bathrooms Full
1
Pool Private
No
Bedrooms Total
1
Bathrooms Half
0
General Property Information: Senior Community
Yes
Qualifying Requirements: Minimum Credit Score
600

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jan 4, 2026ListedBeachesMLS$124,900$190/sqft

Public tax history

YearProperty taxesAssessment
2025$1,982—

Payment calculator

Estimated monthly payment$877/moIllustrative estimate, not a loan offer.
Principal & interest
$649
Property taxes
$165
Insurance
$63
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PALM LAKE 1 CONDO

Lake Worth Beach · Palm Beach County · 33460

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

BartonElementary
—
Lantana CommunityMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of True Blue Realty Inc. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.