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Sold for $525,000
  • $525,000

    3548 Melaleuca Lane, Lake Worth, FL 33461

    4beds
    3baths
    1,830sqft
    Duplex, Multi Family, Multi Family
    Built in 1950
    -- sqft lot
    $642,900 Zestimate®
    $287/sqft
    $3,045 Estimated rent

    Home value

    $642,900

    $579,000 - $714,000

    $3,045/mo

    Zestimate® history
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    What's special

    Great location for this updated duplex with NEW roof, hurricane impact windows, 20,676 sf lot for additional future units, units are independent of each other, and each has private fenced backyards including a private pool in the main unit. Tankless water heater on unit 2. Plenty of parking and conveniently located on major road near Palm Beach Community College and JFK Hospital. Live in one unit and collect rent in the other unit or rent both units for income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Berry Lamy 954-899-1954,

    Happy Homes Florida Real Estate

    Bought with:

    Derek Andrew McGaffigan, 3316388

    Florida Premier Realty of the Palm Beaches LLC

    Derek Andrew McGaffigan, 3316388

    Florida Premier Realty of the Palm Beaches LLC

    Source: BeachesMLS,MLS#: F10515985MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central, Separate Meters, Wall Furnace
    Cooling
    • Central Air, Ceiling Fan(s), Wall/Window Unit(s)
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,830 sqft

    Property

    Features
    • Patio & porch: Porch, Balcony
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground
    Details
    • Parcel number: 00434430011050011
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Block
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: PALM BEACH FARMS CO 7
    HOA
    • Has HOA: No
    • Services included: Maintenance Grounds
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $287/sqft
    • Tax assessed value: $351,064
    • Annual tax amount: $4,636
    • Date on market: 7/23/2025
    • Cumulative days on market: 23 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/8/2025Sold$525,000-4.5%$287/sqft
    Source: BeachesMLS #F10515985 Report a problem
    7/23/2025Listed for sale$549,900+22.2%$300/sqft
    Source: BeachesMLS #F10515985 Report a problem
    4/5/2024Sold$450,000-2.2%$246/sqft
    Source: BeachesMLS #R10953845 Report a problem
    1/26/2024Listed for sale$460,000-5.2%$251/sqft
    Source: BeachesMLS #RX-10953845 Report a problem
    1/20/2024Listing removed--
    Source: BeachesMLS #RX-10931582 Report a problem
    12/19/2023Price change$485,000-6.7%$265/sqft
    Source: BeachesMLS #RX-10931582 Report a problem
    10/29/2023Listed for sale$520,000+118.5%$284/sqft
    Source: BeachesMLS #RX-10931582 Report a problem
    10/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/22/2023Price change$4,000+33.3%$2/sqft
    Source: Zillow Rentals Report a problem
    9/21/2023Listed for rent$3,000$2/sqft
    Source: Zillow Rentals Report a problem
    5/11/2021Sold$238,000-8.1%$130/sqft
    Source: BeachesMLS #R10700654 Report a problem
    3/31/2021Pending sale$259,000$142/sqft
    Source: BeachesMLS #RX-10700654 Report a problem
    3/23/2021Price change$259,000-5.8%$142/sqft
    Source: BeachesMLS #RX-10700654 Report a problem
    3/18/2021Listed for sale$275,000+550.1%$150/sqft
    Source: BeachesMLS #RX-10700654 Report a problem
    6/4/1999Sold$42,300$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,831 +47.3%$351,064 +61.3%
    2024$4,636 -4.2%$217,670 -5.4%
    2023$4,838 +6%$230,096 +10%
    2022$4,565 +19.5%$209,178 +53.5%
    2021$3,820 +12.3%$136,248 +10%
    2020$3,402 +1.7%$123,862 +10%
    2019$3,345 $112,602 -33.7%
    2018$3,345 +13.7%$169,768 +11.9%
    2017$2,941 +8.6%$151,699 +79.3%
    2016$2,708 +8.5%$84,599 +10%
    2015$2,496 +17.3%$76,908 +10%
    2014$2,127 +9%$69,916 +2.6%
    2012$1,952 -9.4%$68,127 -11.5%
    2011$2,154 -18.1%$76,939 -24.2%
    2010$2,631 -3.3%$101,524 -10.2%
    2009$2,721 -24.6%$113,001 -37.9%
    2008$3,610 -4.5%$181,967 -9.5%
    2007$3,782 +215.1%$201,085 +73.8%
    2004$1,200 +246.8%$115,669 +18.8%
    2003$346 -82.8%$97,398 +15.9%
    2002$2,015 +8.4%$84,070 +11.4%
    2001$1,859 +5.9%$75,483 +5.7%
    2000$1,756 +32.5%$71,394 +5.1%
    1999$1,325 $67,918
    Find assessor info on the county website

    Neighborhood: Lake Worth Corridor

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $642,900
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    Estimated market value
    $642,900