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Sold for $800,000
  • $800,000

    307 N Federal Highway, Lake Worth Beach, FL 33460

    4beds
    1,732sqft
    Single Family Residence
    Built in 1902
    6,502 Square Feet Lot
    $811,200 Zestimate®
    $462/sqft
    $6,553 Estimated rent

    Home value

    $811,200

    $722,000 - $909,000

    $6,553/mo

    Zestimate® history
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    What's special

    Previously operated as the Banana Inn B & B in the '90s, this charming Mediterranean Revival home continues to host out-of-town travelers seeking the sun and warmth of South Florida. Offered with all furnishings and prospective bookings, if desired, make it a ready-made investment. The home has a successful book of business and grossed over $120K in 2022. Detailed pro forma available upon request to serious buyers only. The walkability to the beach and to downtown which is just steps away with its sidewalk cafes, art galleries and shops make this property the ideal vacation spot. Current zoning allows for a B&B and/or professional office/businesses. The home stands gracefully beneath an olive tree, welcoming visitors with an arched porch entry. Inside you'll discover a trove of preserved architectural gems: from the arched windows crowned with transoms in the living room, to a coquina-faced fireplace. An extensive renovation with a keen eye to detail resulted in a perfect blend of historic charm and modern updates. A beautiful kitchen opens to the dining room and creates a welcoming space for friends and family to gather as meals are prepared. Three updated fresh and modern bathrooms. A sun-drenched Florida room extends the living space. Just outside the dining room is an expansive outdoor paver patio that beckons al fresco dinners and fun days chillin' at the pool. Recent big ticket upgrades ensure peace of mind: all-new wiring and plumbing, brand new roof, and all impact windows and doors blend safety with aesthetics. Outside, the brand-new natural gas pool heater guarantees year-round enjoyment of the heated pool, nestled within a private tropical haven. The community teems with life: from the Lake Worth Green Market to the Snook Island boardwalk, Bryant Park's Intracoastal paddling adventures, and the scenic municipal golf course. The beach, with its cabanas, eateries, and a 300-ft pier is a mere 15-minute stroll from this home. Positioned conveniently near Palm Beach International Airport, Tri Rail, downtown West Palm, and the opulent Island of Palm Beach, this home is the gateway to quintessential South Florida living. Experience history, luxury, and lifestyle, all in one unique offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Allen 561-329-9997,

    Illustrated Properties LLC,

    Erin Allen 561-312-5925,

    Illustrated Properties LLC

    Bought with:

    Sara Schapiro, 3418756

    KW Reserve

    Source: BeachesMLS,MLS#: R10922727MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 112
    • Dimensions: 14 X 8
    Bedroom 2
    • Level: Second
    • Area: 1300
    • Dimensions: 130 X 10
    Bedroom 3
    • Level: Second
    • Area: 108
    • Dimensions: 12 X 9
    Bedroom 4
    • Level: Second
    • Area: 108
    • Dimensions: 12 X 9
    Dining room
    • Level: Main
    • Area: 121
    • Dimensions: 11 X 11
    Florida room
    • Level: Main
    • Area: 104
    • Dimensions: 13 X 8
    Kitchen
    • Level: Main
    • Area: 110
    • Dimensions: 11 X 10
    Living room
    • Level: Main
    • Area: 156
    • Dimensions: 13 X 12
    Utility room
    • Level: Main
    • Area: 80
    • Dimensions: 10 X 8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Eat-in Kitchen, Kitchen/Dining Combo, Main Level Primary, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Storm Window(s)
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 1,764
    • Total interior livable area: 1,732 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    • Details: CarportSpaces:0.00
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch
    • Exterior features: Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None
    Lot
    • Size: 6,502 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 38434421150940150
    • Zoning: MU-E(c
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Composition,Rolled/Hot Mop,Spanish Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 1902

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: LAKE WORTH TOWN OF
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $462/sqft
    • Tax assessed value: $407,295
    • Annual tax amount: $5,753
    • Date on market: 9/27/2023
    • Cumulative days on market: 471 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/2/2025Sold$800,000-5.8%$462/sqft
    Source: BeachesMLS #R10922727 Report a problem
    2/6/2025Pending sale$849,000$490/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    1/11/2025Contingent$849,000$490/sqft
    Source: Illustrated Properties #R10922727 Report a problem
    8/14/2024Price change$849,000-3%$490/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    7/15/2024Price change$875,000-2.7%$505/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    3/26/2024Price change$899,000-5.3%$519/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    11/24/2023Price change$949,000-4%$548/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    9/27/2023Listed for sale$989,000+295.6%$571/sqft
    Source: BeachesMLS #RX-10922727 Report a problem
    7/11/2018Sold$250,000-15.3%$144/sqft
    Source: BeachesMLS #R10419203 Report a problem
    6/30/2018Pending sale$295,000$170/sqft
    Source: Illustrated Properties Manalapan #RX-10419203 Report a problem
    6/19/2018Price change$295,000-20.1%$170/sqft
    Source: Illustrated Properties Manalapan #RX-10419203 Report a problem
    4/2/2018Listed for sale$369,000-7.6%$213/sqft
    Source: Illustrated Properties #RX-10419203 Report a problem
    3/1/2018Listing removed$399,500$231/sqft
    Source: Illustrated Properties Manalapan #RX-10332899 Report a problem
    9/17/2017Price change$399,500-6.9%$231/sqft
    Source: Illustrated Properties Manalapan #RX-10332899 Report a problem
    5/9/2017Listed for sale$429,000+127.6%$248/sqft
    Source: Illustrated Properties LLC #RX-10332899 Report a problem
    8/28/2012Listing removed$188,500$109/sqft
    Source: Illustrated Properties Real Estate #R3182806 Report a problem
    8/26/2012Listed for sale$188,500+9%$109/sqft
    Source: Illustrated Properties Real Estate #R3182806 Report a problem
    10/18/2011Sold$173,000-8.2%$100/sqft
    Source: Public Record Report a problem
    6/18/2011Price change$188,500-5%$109/sqft
    Source: Illustrated Properties Real Estate #R3182806 Report a problem
    3/18/2011Listed for sale$198,500-40.4%$115/sqft
    Source: Illustrated Properties Real Estate #R3182806 Report a problem
    6/26/2009Listing removed$333,000$192/sqft
    Source: Corcoran #4644 Report a problem
    3/29/2009Price change$333,000-4.6%$192/sqft
    Source: Corcoran #R2980088 Report a problem
    3/22/2009Price change$349,000-2.8%$202/sqft
    Source: Corcoran #R2980088 Report a problem
    12/10/2008Listed for sale$359,000+193.1%$207/sqft
    Source: Corcoran #08-3384 Report a problem
    12/3/1997Sold$122,500$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,835 +3.8%$305,064 +10%
    2024$7,546 +13.8%$277,331 +10%
    2023$6,631 +15.3%$252,119 +10%
    2022$5,753 +7%$229,199 +10%
    2021$5,375 +3.2%$208,363 +4.2%
    2020$5,207 +6.4%$199,957 +7.9%
    2019$4,893 $185,374 +10.8%
    2018$4,893 +11.9%$167,292 +1.1%
    2017$4,374 +1.1%$165,485 +0.2%
    2016$4,325 +1.3%$165,088 +2.7%
    2015$4,269 +5.3%$160,790 +7.1%
    2014$4,052 +7.2%$150,088 +8.5%
    2013$3,780 +11.1%$138,292 +14.3%
    2012$3,403 -17.1%$120,972 -18%
    2011$4,103 -5.3%$147,451 -5.8%
    2010$4,332 -7.2%$156,540 -11.1%
    2009$4,666 +75.2%$176,001 +12.2%
    2008$2,663 -4.7%$156,806 +3%
    2007$2,795 -6.1%$152,239 +2.5%
    2006$2,975 $148,526 +3%
    2005-- $144,200 +3%
    2004$1,930 +1755.5%$140,000
    2003$104 -96.7%$140,000
    2002$3,158 -3.9%$140,000
    2001$3,285 +88.7%$140,000 +134.8%
    2000$1,741 +10.2%$59,626 +2.5%
    1999$1,580 $58,173
    Find assessor info on the county website

    Neighborhood: Mango Groves

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Grade K-8
    • Middle: Lake Worth
    • High: Lake Worth

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $811,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $811,200