For sale

Price cut: $10K (8/24)

$589,000

1081 Palama Way, Lantana, FL 33462

3beds

1,744sqft

$3,945/mo

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Single Family Residence

Built in 1985

10,062 Square Feet Lot

$575,200 Zestimate^®

$338/sqft

$-- HOA

What's special

Welcome home to this beautifully updated 3-bedroom, 2-bath residence located in a desirable NO HOA community, offering the freedom and flexibility today's buyers are looking for. Freshly painted inside with brand-new carpeting, this move-in-ready home features an inviting floor plan filled with natural light. The kitchen is equipped with stainless steel appliances, while both bathrooms have been tastefully updated with modern finishes. Step outside to your own private tropical retreat featuring a custom swimming pool, a spacious screened-enclosed patio with brand-new screens, a newly installed privacy fence, and lush tropical landscaping that creates the perfect setting for entertaining or relaxing year-round. The oversized backyard offers exceptional privacy and plenty of room to enjoy Florida living at its best. This is the perfect combination of comfort, style, and outdoor living—all with no HOA restrictions.

42 days
1,523
97

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: First
Area: 221
Dimensions: 13 X 17

Bedroom 2

Level: First
Area: 144
Dimensions: 12 X 12

Bedroom 3

Level: First
Area: 144
Dimensions: 12 X 12

Kitchen

Level: First
Area: 100
Dimensions: 10 X 10

Living room

Level: First
Area: 196
Dimensions: 14 X 14

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Washer
Laundry: Inside

Features

Entrance Foyer, Main Level Primary, Split Bedrooms
Flooring: Carpet, Tile
Windows: Sliding
Has fireplace: No

Interior area

Total structure area: 2,650
Total interior livable area: 1,744 sqft

Video & virtual tour

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Property

Parking

Total spaces: 4
Parking features: Attached, Garage
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Outdoor Living Area
Has private pool: Yes
Pool features: In Ground
Has view: Yes
View description: Garden, Pool

Lot

Size: 10,062 Square Feet
Dimensions: .28
Features: Sprinklers Automatic, < 1/4 Acre

Details

Parcel number: 40434504170080280
Zoning: R3 (city)
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block
Roof: Composition,Shingle

Condition

Resale
New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Sea Pine

HOA

Has HOA: No

Location

Region: Lantana

Financial & listing details

Price per square foot: $338/sqft
Tax assessed value: $402,867
Annual tax amount: $8,466
Date on market: 7/22/2026
Cumulative days on market: 42 days
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes

Estimated market value

$575,200

$546,000 - $604,000

$5,084/mo

Price history

Date	Event	Price
8/24/2026	Price change	$589,000-1.7%$338/sqft
Source: BeachesMLS #B26055216 Report a problem
7/22/2026	Listed for sale	$599,000+232.8%$343/sqft
Source: BeachesMLS #B26055216 Report a problem
3/10/2003	Sold	$180,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,466 +195.5%	$402,867 +140%
2024	$2,865 +6.2%	$167,869 +3%
2023	$2,698 -2.8%	$162,980 +3%
2022	$2,775 +3.4%	$158,233 +3%
2021	$2,685 +1.4%	$153,624 +1.4%
2020	$2,648 +2%	$151,503 +2.3%
2019	$2,596	$148,097 +1.9%
2018	$2,596 +5.3%	$145,336 +2.1%
2017	$2,466 +4.8%	$142,347 +2.1%
2016	$2,354 +1.8%	$139,419 +0.7%
2015	$2,313 -1.6%	$138,450 +0.8%
2014	$2,352 +1.9%	$137,351 +1.5%
2013	$2,307 +9.9%	$135,321 +0.3%
2012	$2,099 +2.1%	$134,939 +3%
2011	$2,056 +1.9%	$131,009 +1.5%
2010	$2,018 -32.8%	$129,073 -27.2%
2009	$3,004 +9.3%	$177,352 -0.4%
2008	$2,749 -6.1%	$178,145 +3%
2007	$2,926 -6.8%	$172,956 +2.5%
2006	$3,140	$168,738 +3%
2005	--	$163,823 +3%
2004	$2,167 +1984%	$159,051 +55.5%
2003	$104 -94.4%	$102,262 +2.4%
2002	$1,856 +1.8%	$99,865 +2.3%
2001	$1,824 +9.1%	$97,606 +3%
2000	$1,671 +12.9%	$94,763 -5.7%
1999	$1,480	$100,518