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Sold for $625,000
    • $625,000

    1623 S Palmway, Lake Worth, FL 33460

    3beds
    1,892sqft
    Single Family Residence
    Built in 1954
    0.44 Acres Lot
    $634,900 Zestimate®
    $330/sqft
    $3,868 Estimated rent

    Home value

    $634,900

    $565,000 - $711,000

    $3,868/mo

    Zestimate® history
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    What's special

    Back on Market. Buyer unable to obtain financing. Incredible, rare opportunity to purchase this 3 bedroom, 2 bathroom single family home in the historic area of Lake Worth that sits on almost a full half acre. Home was a rental property for the past 5 years, and was occupied until the past couple of months. Metal roof, 2023 AC. Garage is currently a remodeled 2 bedroom 1 bathroom fully self contained (kitchen, laundry, bath) structure. Owner has provided broker with documentation from the City, that speaks about dividing the lot. Owner just completed an appraisal that places a value on the property as it stands and separately, if the property is divided. Listing price is substantially below market value in either scenario. Call broker for additional detail and questions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Meyerowitz 305-744-1616,

    Senior Realty Consultants

    Bought with:

    Josh Grant Stimson

    EXP Realty LLC

    Source: MIAMI,MLS#: A11710569MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Oven, Washer
    • Laundry: In Garage, Laundry Room
    Features
    • Flooring: Tile, Wood
    Interior area
    • Total structure area: 3,179
    • Total interior livable area: 1,892 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Spaces Available, Driveway, Garage Apartment, Converted Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Patio & porch: Patio, Screened Porch
    • Pool features: R30-No Pool/No Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.44 Acres
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 38434427010900110
    • Zoning: SF-R (ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Aluminum,Metal
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Other

    Community & HOA

    Community
    • Features: Additional Amenities
    • Security: Smoke Detector
    • Subdivision: Lake Worth Town Of Add 1
    HOA
    • Has HOA: No
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $745,309
    • Annual tax amount: $12,322
    • Date on market: 12/16/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    7/15/2025Listing removed$2,290$1/sqft
    Source: Zillow Rentals Report a problem
    6/23/2025Price change$2,290-2.6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/14/2025Price change$2,350-2.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/4/2025Listed for rent$2,400-15.8%$1/sqft
    Source: Zillow Rentals Report a problem
    4/18/2025Sold$625,000-8%$330/sqft
    Source: MIAMI #A11710569 Report a problem
    3/27/2025Pending sale$679,000$359/sqft
    Source: MIAMI #A11710569 Report a problem
    1/29/2025Price change$679,000-9.5%$359/sqft
    Source: MIAMI #A11710569 Report a problem
    12/16/2024Listed for sale$749,900+53.4%$396/sqft
    Source: MIAMI #A11710569 Report a problem
    10/26/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/20/2021Price change$2,850-9.8%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/13/2021Price change$3,160+26.4%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/12/2021Listed for rent$2,500$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/5/2019Sold$489,000-6.9%$258/sqft
    Source: Public Record Report a problem
    5/10/2019Listed for sale$525,000$277/sqft
    Source: RE/MAX Complete Solutions #F10157002 Report a problem
    5/1/2019Pending sale$525,000$277/sqft
    Source: RE/MAX Complete Solutions #F10157002 Report a problem
    3/15/2019Price change$525,000-4.4%$277/sqft
    Source: RE/MAX Complete Solutions #F10157002 Report a problem
    2/7/2019Price change$549,000-8.5%$290/sqft
    Source: RE/MAX Complete Solutions #F10157002 Report a problem
    1/13/2019Listed for sale$599,900+53.8%$317/sqft
    Source: RE/MAX Complete Solutions #F10157002 Report a problem
    9/25/2017Sold$390,000-9.1%$206/sqft
    Source: BeachesMLS #R10356599 Report a problem
    8/6/2017Price change$429,000+0.9%$227/sqft
    Source: Coastline Realty, Inc. #RX-10356599 Report a problem
    7/18/2017Price change$425,000+3.7%$225/sqft
    Source: Owner Report a problem
    7/13/2017Listed for sale$410,000+67.3%$217/sqft
    Source: Owner Report a problem
    9/14/2009Sold$245,000+23.1%$129/sqft
    Source: Public Record Report a problem
    1/15/2002Sold$199,000+38.7%$105/sqft
    Source: Public Record Report a problem
    9/25/2001Sold$143,500$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,703 +35.6%$745,309 +30%
    2024$12,322 +2.9%$573,290 +3%
    2023$11,970 +1.5%$556,592 +3%
    2022$11,789 +19.2%$540,381 +34.6%
    2021$9,888 +3.5%$401,323 +4.4%
    2020$9,552 -5.3%$384,352 -4.8%
    2019$10,083 $403,677 +5.5%
    2018$10,083 +7.5%$382,457 +70.8%
    2017$9,378 +100%$223,879 +2.1%
    2016$4,689 +3.2%$219,274 +0.7%
    2015$4,541 -1.7%$217,750 +0.8%
    2014$4,620 +1.5%$216,022 +1.5%
    2013$4,553 +0.8%$212,830 +1.7%
    2012$4,518 -7%$209,272 -4.9%
    2011$4,858 +1.5%$219,952 +1.5%
    2010$4,785 -1.5%$216,701 -4%
    2009$4,857 +16.8%$225,615 +0.1%
    2008$4,157 -0.8%$225,390 +3%
    2007$4,191 -5.2%$218,825 +3.6%
    2006$4,420 $211,185 +3%
    2005-- $205,034 +3%
    2004$2,921 +2708.5%$199,062 +1.9%
    2003$104 -97.7%$195,350 +2.4%
    2002$4,506 -8.4%$190,771 +9.6%
    2001$4,918 +42.8%$174,033 +18.6%
    2000$3,444 -4.2%$146,727 +10.8%
    1999$3,595 $132,378
    Find assessor info on the county website

    Neighborhood: South Palm Park

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    Estimated market value
    $634,900
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    Estimated market value
    $634,900

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