1709 N Palmway, Lake Worth, FL, 33460 | $1,900,000

This is a neighborhood being revitalized NOW, so get in while prices are low. . . with new luxury homes being built recently and older homes being restored with luxury finishes. SOSO is pushing down into Lake Worth Beach. Hanbury Construction, the property owner and builder of your new dream home, is local to the neighborhood and an award winning contractor. In 2024 he won the AIA Palm Beach Honor Award for Design Excellence & Historic Preservation of a residence just a few blocks away from this property.

Endless possibilities on these two 60ft wide x 100 deep lots available near the Historic Districts of Lake Worth & College Park. This area is being revitalized in the moment with older homes being taken down and beautiful multi million dollar homes being built up. beautiful multi million dollar homes being built up. You can either choose one of the two models offered at the price point given, design your own home equivalent at the same price point or you can purchase both lots to build a mega home for this area. It is surprising how clam and quite the surrounding atmosphere is where these properties are situated being that they are minutes from everything you need AND Lake Worth beach is only 6 minutes away. The neighborhood has a charm and stillness to it that is lost in all the new developments being built throughout Florida. In a region where everything can start to feel like the same glass-box modern spec home, Lake Worth's historic districts offer something rare: real soul. Mediterranean revivals, Mission-style homes, art deco accentsproperties here have a sense of craftsmanship and history you simply don't find in newer developments. Even luxury renovations preserve that storytelling charm while delivering modern amenities. You're minutes from: Palm Beach Island Downtown West Palm & The Square PBI Airport Wellington equestrian venues I-95 for quick north/south travel It's central, convenient, and quietly positioned in one of the most desirable areas in South Florida. The Hearthstone model is 4 bedroom 2. 5 bath, 2, 471 sq. ft. under air with 3, 192 total sq. ft. offered at $1, 900, 000 The Belmont model is 4 bedroom 2. 5 bath, 2, 879 sq. ft. under air with 3, 582 total sq. ft. offered at $1, 900, 000 Luxury homes in a hometown setting waiting for you in paradise!

Features

  • Amenities: None
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Lot Size: 62.5 ft wide x 100 ft deep
  • Laundry: Laundry Closet, Inside, Washer Hookup, Laundry Tub
  • Style: Key West
  • Development: None
  • Year Built: 2026
  • Garage: 2-car Attached
  • Heating: Central, Electric, Natural Gas
  • Cooling: Electric, Gas
  • Approx Sq. Feet: 2,879
  • Acreage: 0.14
  • Lot Size: 62.5 ft wide x 100 ft deep
  • Est. Taxes: $14,789
  • Lot Desc: Room for Pool
  • View: Garden
  • Elem. School: North Grade K-8
  • Middle School: Lake Worth
  • High School: Lake Worth
  • Pool: Heated, In Ground
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Gas Water Heater, Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Microwave, Refrigerator, Water Heater
  • MLS#: RX-11146525
  • Website: https://www.raveis.com
    /eprop/RX-11146525/1709npalmway_lakeworth_fl?source=qrflyer
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Listing courtesy of Illustrated Properties LLC (Co

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1709 N Palmway, Lake Worth, FL, 33460

$1,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,520,000 $1,520,000 $1,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.289% 6.235% 6.058%
Monthly Tax Payment $1,232 $1,232 $1,232
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,991 $9,236 $12,724
Total Monthly Payment $10,348 $10,593 $14,081

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.