5000 Lake AVE new

West Palm Beach,FL 33405

$ 349000

3 Beds

1 Bath

850 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $410

Subdivision Lakeview Ridge

MLS Listing ID RX-11074665

Style Ranch,Traditional

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,888

Tax Year 2024

Lot Size 6,185 Sqft

Property Sub-Type Single Family Detached

Property Description

Lowest priced investment in The Gardens neighborhood of West Palm Beach corner of Lake and Green. Located in a high-appreciation area with strong rental demand--ideal for a family for long-term investment or can be an Airbnb. No HOA restrictions, giving you flexibility for renovations and use. Neighborhood undergoing explosive growth! Corporate-owned asset, needs a new roof. Roof quote $7k. 2 year old water heater and AC 4 years old as per owner. Recent sale for same style, size and neighborhood went for $485k remodeled. Serious offers considered.

Location

State FL

County Palm Beach

Community The Gardens Lakeview Ridge

Area 5430

Zoning SF7(ci

Rooms

Other Rooms Laundry-Inside

Master Bath Combo Tub/Shower

Interior

Interior Features French Door

Heating Central

Cooling Ceiling Fan,Central

Flooring Ceramic Tile,Wood Floor

Furnishings Unfurnished

Exterior

Exterior Feature Fence,Open Balcony,Open Patio

Parking Features 2+ Spaces,Driveway,RV/Boat

Community Features Corporate Owned

Utilities Available Electric,Public Sewer,Public Water,Water Available

Amenities Available Sidewalks,Street Lights

Waterfront Description None

View Garden

Roof Type Comp Shingle

Present Use Corporate Owned

Exposure West

Private Pool No

Building

Lot Description < 1/4 Acre,Corner Lot,Paved Road,Sidewalks

Story 1.00

Unit Features Corner

Entry Level 1.00

Foundation Elevated,Frame

Unit Floor 1

Construction Status Resale

Schools

Elementary Schools Palmetto Elementary School

Middle Schools Conniston Middle School

High Schools Forest Hill Community High School

Others

Pets Allowed Yes

Senior Community No Hopa

Restrictions Daily Rentals OK,Lease OK

Security Features None

Acceptable Financing Cash,Conventional,FHA,VA

Horse Property No

Membership Fee Required No

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

Pets Allowed No Restrictions

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