When was property at 5181 Palm Way built and last sold?

The property at 5181 Palm Way was built in 1998 and last sold on Jun 25, 2021 for $610,000.

How much is this home worth?

The estimated value of the home located at 5181 Palm Way is $0.

What are some comparable homes to 5181 Palm Way?

There are currently no comparable homes to 5181 Palm Way.

Palm Beach

33463

Biltmore Terrace

5181 Palm Way

$610,000

● House - Off Market

5181 Palm Way

Lake Worth, FL 33463

4 Beds

2 Baths, 1 Half Bath

2,730 Ft²

$701,909

RealtyHop Estimate

17.00%

Since Jul 1, 2021

National-US

Primary Model

About This Property

ABSOLUTE BARGAIN UNBELIEVABLE PRICE

PRICED LOW AND FIRM FOR YOUR PRE-APPROVED BUYER WHO WANTS A GREAT DEAL ON A SUPER HOME IN A GREAT AREA OF LAKE WORTH NO HOA OR RESTRICTIONS CUSTOM 4 BED 3 BATH 18ft CEILINGS OPEN FAMILY KITCHEN AREA ISLAND GRANITE TONS OF CABINETS ON 1/2 ACRE EXTRA 500 ASQ BUILDING OUT BACK COULD BE STUDIO GUEST HOUSE OR WORKSHOP 40 X 15 SCREENED PATIO ROOM FOR BOAT TRAILER CAMPER WORK TRUCK DON'T MISS OUT ON THIS GOLDEN OPPORTUNITY TO OWN A FANTASTIC HOME IN A GREAT PART OF TOWN .

Unit Size

2,730 Ft²

Days on Market

49 days

Land Size

0.53 acres

Price per sqft

$220

Property Type

House

Property Taxes

$376

HOA Dues

Year Built

1998

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Beaches MLS #R10714174)

Price History

Date / Event	Date	Event
Jun 30, 2021	Sold	Premium
Sold
May 6, 2021	Listed by RE/MAX Ocean Properties	$599,900
Listed by RE/MAX Ocean Properties
Oct 6, 1997	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1998

Effective Year Built: 2008
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 4
Patio Type: 14
Porch Type: 4
Pool Type: 0

Dimensions

Lot Size Square Feet: 23,283

Lot Size Depth Feet: 2,810
Lot Size Frontage Feet: 830
Total Building Area: 4,028
Gross Building Area: 4,028
Building Area: 2,730
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,730
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BILTMORE TERRACE 1ST ADD
Land Acres: 0000000535
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: BILTMORE TERRACE 1ST ADD UNREC~ LT 81

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 005918

Zoning

Zoning: AR

Geography

Assessors Map Reference: 286

Parcel: 00-42-45-11-01-000-0810
Lot: 81
Meridian: SEC 11 TWN 45S RNG 42E
Municipality: UNINCORPORATED
Latitude: 26.5623
Longitude: -80.1259

Address

Full Address: 5181 Palm Way

Address - House Number: 5181
Address - Street Name: Palm
Address - Suffix Type: Way
State: FL
City Name: Lake Worth
Carrier Code: R002
4-Digit Zip Code: 8001
Zip Code: 33463

Valuation

Tax

Total Area: 3,307

Tax Year: 2023
Tax Amount: $854,376
Tax Rate Code Area: 203

Appraisal Valuation

Standard Deviation: 0.1964

Valuation Date: Apr 03, 2024
Confidence Score: 73
Final Value: 799,271
High Value: 956,256
Low Value: 642,286

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $549,278

Market Land Value: $218,114
Market Improvement Value: $331,164

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $534,229

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 25, 2021

Current Sale Recording Date: Jun 30, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20210304155
Previous Sale Recording Date: Oct 06, 1997
Previous Sale Amount: $32,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Biltmore Terrace

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$371

Below Asking

0.04%

Average Days on Market

Average Home Size

2874 ft²

Average Home Age

28.9 years

Currently For Sale

8 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7206 Le Chalet Boulevard, Boynton Beach, FL, 33472

$10,000 /mo

3 Beds
2 Baths
1,904 ft²

7206 Le Chalet Boulevard, Boynton Beach, FL, 33472 Listing by Dale Tyroler

Unit for rent at 6862 Swansea Lane, Boynton Beach, FL, 33472

$6,000 /mo

3 Beds
2 Baths
1,906 ft²

6862 Swansea Lane, Boynton Beach, FL, 33472 Listing by Dale Tyroler

Unit for rent at 6892 Mill Brook Place, Lake Worth, FL, 33463

$2,500 /mo

3 Beds
2 Baths
1,308 ft²

6892 Mill Brook Place, Lake Worth, FL, 33463 Listing by Austin Frankoski

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Raymond G Petric
RE/MAX Ocean Properties
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10714174

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

5181 Palm Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Biltmore Terrace

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions