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Sold for $725,000
  • $725,000

    516 N L Street, Lake Worth Beach, FL 33460

    2beds
    1,553sqft
    Single Family Residence
    Built in 1940
    0.31 Acres Lot
    $797,100 Zestimate®
    $467/sqft
    $5,194 Estimated rent

    Home value

    $797,100

    $741,000 - $861,000

    $5,194/mo

    Zestimate® history
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    What's special

    Truly special property just blocks from hip and artsy downtown Lake Worth Beach and its art galleries, coffee shops, sidewalk cafes and craft brewery. The home lives like a private mini estate on 4 lots with 100 feet of frontage nestled into lush tropical landscape. 3 off street parking spaces! A rarity this close to town. PLUS there is plenty of room to build a 2-car garage with a second floor apartment and add a swimming pool. The possibilities are endless. You're welcomed to the entry along a meandering Chicago brick sidewalk past a brick seating area. A formal foyer draws you into this home with its spacious open floor plan that is ideal for entertaining. The home has been completely renovated by a previous owner with an eye to detail. The home has impact windows and natural gas that supplies the range and tankless hot water heater. You'll love the open kitchen that has a large work island, providing extra prep area and additional seating as your friends and family gather. White Shaker soft-close cabinetry, quartz counters, retro glass backsplash, and stainless appliances are a few features of the kitchen. Refinished original wood floors are throughout and anchor the living area of the home. The bedrooms are generous in size and both bathrooms updated with a modern edge. The home has lots of storage and closets. The back yard is expansive with a detached air conditioned structure that could be used as an in-home office, hobby room, or a cabana bath for a pool. Lake Worth Beach has one of the best walkability ratings in the nation. The home is just 4 blocks from town and is an easy bike ride to the beach and golf course. You're never at a loss to find something to do. Grab your green market bag and head to the waterfront Green Market on Saturday. Play 18 holes at the waterfront public golf course. Spend the day at the beach where you will find shops, restaurants and a 300' pier where you can fish or just enjoy a leisurely stroll. Explore the Arts District where local craft brewery Mathews Brewery has ongoing events to enjoy. Or take in a live glass-blowing demonstration at the Benzaiten Center for Arts just around the corner. The city hosts many outdoor festivals throughout the year, including its signature Street Painting Festival event. Centrally located to Palm Beach International Airport, Tri Rail, Brightline, downtown West Palm and the glitzy Island of Palm Beach. Come and enjoy South Florida living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary B Allen 561-329-9997,

    Illustrated Properties LLC,

    Jon Allen 561-312-8713,

    Illustrated Properties LLC

    Bought with:

    Tierney E. O'Hara, 3087366

    Sotheby's Intl. Realty, Inc.

    Source: BeachesMLS,MLS#: R10911380MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 196
    • Dimensions: 14 X 14
    Bedroom 2
    • Level: Main
    • Area: 144
    • Dimensions: 12 X 12
    Family room
    • Level: Main
    • Area: 120
    • Dimensions: 12 X 10
    Kitchen
    • Level: Main
    • Area: 120
    • Dimensions: 12 X 10
    Living room
    • Level: Main
    • Area: 330
    • Dimensions: 22 X 15
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Kitchen/Dining Combo, Main Level Primary, Stacked Bedrooms, Tub Shower, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Wood
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 1,889
    • Total interior livable area: 1,553 sqft

    Property

    Parking
    • Total spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: Multi/Split,One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Patio, Porch
    • Exterior features: Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Waterfront features: None
    Lot
    • Size: 0.31 Acres
    • Dimensions: 100.0 ft x 135.0 ft
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 38434421151560070
    • Zoning: SF-TF-14
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Barrel
    Condition
    • Resale
    • New construction: No
    • Year built: 1940

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Street Lights
    • Subdivision: LAKE WORTH TOWN OF
    HOA
    • Has HOA: No
    • Amenities included: Trail(s)
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $467/sqft
    • Tax assessed value: $589,897
    • Annual tax amount: $15,729
    • Date on market: 8/12/2023
    • Cumulative days on market: 133 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    11/1/2023Sold$725,000-3.2%$467/sqft
    Source: BeachesMLS #R10911380 Report a problem
    8/24/2023Pending sale$749,000$482/sqft
    Source: Illustrated Properties #RX10911380 Report a problem
    8/12/2023Listed for sale$749,000-6.4%$482/sqft
    Source: BeachesMLS #RX-10911380 Report a problem
    8/11/2023Listing removed--
    Source: BeachesMLS #RX-10880841 Report a problem
    6/28/2023Price change$800,000-5.9%$515/sqft
    Source: BeachesMLS #RX-10880841 Report a problem
    5/10/2023Price change$850,000-2.9%$547/sqft
    Source: BeachesMLS #RX-10880841 Report a problem
    4/11/2023Listed for sale$875,000+29.6%$563/sqft
    Source: BeachesMLS #RX-10880841 Report a problem
    11/30/2021Sold$675,000$435/sqft
    Source: BeachesMLS #R10756290 Report a problem
    11/9/2021Pending sale$675,000$435/sqft
    Source: BeachesMLS #RX-10756290 Report a problem
    11/8/2021Listed for sale$675,000$435/sqft
    Source: BeachesMLS #RX-10756290 Report a problem
    11/8/2021Pending sale$675,000$435/sqft
    Source: BeachesMLS #RX-10756290 Report a problem
    11/2/2021Listed for sale$675,000+40.9%$435/sqft
    Source: BeachesMLS #RX-10756290 Report a problem
    11/11/2020Listing removed$479,000$308/sqft
    Source: FlatFee.com #RX-10643991 Report a problem
    8/16/2020Price change$479,000-4%$308/sqft
    Source: FlatFee.com #RX-10643991 Report a problem
    8/4/2020Listed for sale$499,000+16.2%$321/sqft
    Source: FlatFee.com #RX-10643991 Report a problem
    2/6/2019Listing removed$3,300$2/sqft
    Source: HIGHLIGHT REALTY Report a problem
    2/3/2019Price change$3,300+32%$2/sqft
    Source: HIGHLIGHT REALTY Report a problem
    1/2/2019Price change$2,500-24.2%$2/sqft
    Source: Owner Report a problem
    12/20/2018Listing removed$429,500$277/sqft
    Source: Direct MLS Listings, LLC #RX-10452985 Report a problem
    12/13/2018Listed for rent$3,300$2/sqft
    Source: Direct MLS Listings, LLC #RX-10487857 Report a problem
    11/20/2018Price change$429,500-2.3%$277/sqft
    Source: Direct MLS Listings, LLC #RX-10452985 Report a problem
    10/26/2018Price change$439,500-2.2%$283/sqft
    Source: Direct MLS Listings, LLC #RX-10452985 Report a problem
    8/3/2018Listed for sale$449,500+24.9%$289/sqft
    Source: Direct MLS Listings, LLC #RX-10452985 Report a problem
    10/2/2015Sold$360,000+3.2%$232/sqft
    Source: BeachesMLS #R10160541 Report a problem
    9/22/2015Pending sale$349,000+305.8%$225/sqft
    Source: RE/MAX 1st CHOICE #RX-10160541 Report a problem
    6/17/1993Sold$86,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,411 -6.1%$589,897 -3.9%
    2024$13,219 +14.4%$613,822 +23.9%
    2023$11,560 -26.5%$495,444 -26.2%
    2022$15,729 +164.5%$671,330 +139.4%
    2021$5,946 +0.9%$280,419 +1.4%
    2020$5,891 +1.8%$276,547 +2.3%
    2019$5,785 $270,329 +1.9%
    2018$5,785 +4.4%$265,289 +2.1%
    2017$5,539 +2.5%$259,833 +2.1%
    2016$5,406 +3.3%$254,489 +21.4%
    2015$5,233 +170.1%$209,639 +103.9%
    2014$1,937 +1.8%$102,809 +1.5%
    2013$1,903 +1.1%$101,290 +1.7%
    2012$1,882 +2.1%$99,597 +3%
    2011$1,842 +2.2%$96,696 +1.5%
    2010$1,803 +6.4%$95,267 +2.7%
    2009$1,695 +33.8%$92,762 +0.1%
    2008$1,266 -14.9%$92,669 +3%
    2007$1,489 -5.5%$89,970 +2.5%
    2006$1,575 $87,776 +3%
    2005-- $85,219 +3%
    2004$969 +831.6%$82,737 +1.9%
    2003$104 -93.3%$81,194 +2.4%
    2002$1,546 -1.7%$79,291 +1.6%
    2001$1,572 +4.9%$78,042 +3%
    2000$1,498 +13.1%$75,769 -3%
    1999$1,325 $78,147
    Find assessor info on the county website

    Neighborhood: Mango Groves

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $797,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $797,100