Condo in 1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460 for sale with MLS# R11151269

Worried about the assessments? DON'T BE! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the repairs that were done including a NEW ROOF! Closing out the 40 yr. inspections. There were Impact windows installed in 2021 ($7K), Newer HVAC system in and out ($5500) not much more you can ask for. It is Original but clean, all new tile floors, ready for you to go in with your imagination and turn this canvass into a masterpiece! This is a perfectly located unit right inside the front entrance, on the first floor, with the laundry room just steps away, as well as a patio door access! There is also an additional storage locker on the second floor. Being on the water like this has it's perks! Grab a kayak and take it for a spin down the waterways, participate in ALL that our FABULOUS historic downtown Lake Worth Beach has to offer, including a public dock, a classic 1920's playhouse, excellent pubs and restaurants, the pier for fishing and a championship 18 hole golf course! But the list doesn't stop there, that's all within short minutes, up to WPB you have Clematis by Night, The Square, tons of culture at the Kravitz Center, Norton Art Gallery, then just a hop over to the island for some of the finest food and shopping Florida has to offer. you can't buy in to paradise any more affordable than this.

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Days on the market

1502 S Lakeside Drive 118, Lake Worth Beach, FL 33460

Price
Price:
$124,900.00
Original List Price:
$124,900.00
List Price per Sq Ft (Calculated, Approx.):
$189.81
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
February 26, 2026 2:20 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Master Bedroom Bath:
Combo Tub/shower
Dining Area:
Dining/Living Room
Measures
Living Area:
658 Sqft
Built-Up Area:
713 Sqft
Building Area Source:
Public Records
Lot Features:
Sidewalks
Property Features
View from the Property:
Other
Waterfront:
Yes
Waterfront Features:
Seawall, Intracoastal
Furnished:
Unfurnished
Appliances:
Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater, Water Heater
Interior:
Walk-In Closet(s)
Patio and Porch:
Patio, Patio - Screened
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Unit Description:
Interior Hallway
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Auto Sprinkler, Zoned Sprinkler
Construction
Year Built:
1973
Roof:
Composition, Rolled/hot Mop
Year Roof Installed:
2023
Levels:
Two
Entry Level Location:
Entry Level Living Area Y
Construction Materials:
CBS
Flooring:
Carpet, Ceramic Tile
Number of stories:
4
Road Frontage Type:
Public Road, East of US-1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$1,982.14
Tax Year:
2025
Association Fee:
$503.00
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned, Guest, On Street
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Association Type:
Condominium
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Clubhouse, Laundry, Elevator(s), Fitness Center, Picnic Area, Sidewalks, Parking, Boating, Game Room, Jogging Path, Street Lights, Lobby
Building Name:
1502
Subdivision Name:
PALM LAKE 1 CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Common Areas, Insurance, Elevator, Common Real Estate Tax
Senior Community:
Yes
Development Name:
PALM LAKE
Association Phone:
561-440-7854
Association Minimum Credit Score:
600
Restrictions:
Buyer Approval Required, Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Limited # Vehicles
Minimum Days per Lease:
90
Other Leasing Restrictions:
Tenant Approval, Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant Occupied
Buyer Possession:
Negotiable
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
PALM LAKE NO 1 COND UNIT 118-N -
Real Estate Folio Number (Parcel Number):
38434434150011180
Zoning:
SF-7(c
Public Schools Assigned
Elementary School:
Pride Elementary
High School:
Lake Worth
Middle Or Junior School:
Lantana Community
Listing History
Active on the market since:
January 4, 2026
Listing Agreement executed on:
January 4, 2026
Purchase Contract Date:
February 12, 2026
Listing Status Last Changed On:
February 26, 2026 2:20 pm
Photos updated on:
January 4, 2026 5:42 pm
Last Modified:
April 9, 2026 6:12 pm
Additional Information
Courtesy of:
True Blue Realty Inc
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Lakeside
Street Number:
1502
Unit Number:
118
City:
Lake Worth Beach
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 35' 50.2''
Longitude:
W81° 56' 59.6''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $61,702
Median Home Value $333,200
Median Rent $1,411/mo
Median Age 36
Population 36,934

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This listing can also be located in the MLS system as RX-11151269
Association of REALTORS®
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