LAKE PARK ADD 3

551 Teak Drive, Lake Park FL 33403

3 beds · 2 baths · 1,508 ft²

Closed

$313,000

5.15%

Est. Payment $1,666/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,508

Sq. Ft.

1971

Year Built

1

Stories

38

Days on Market

Description

Move in condition totally updated rancher, renovations that include New Roof & Hurricane impact windows throughout, all exterior doors have been updated, recently enclosed carport with French door that could use as playroom or man cave, also the porch as been enclosed to great family room, 3 yr newer a/c, updated kitchen, bathrooms, flooring, high energy attic insulation installed to R-38, freshly painting. The totally fenced in back yard is a gardener's dream with old plantings, fruit trees and still plenty of room for a pool. Great value, location and Old Florida community visit to the Town of Lake Park is all it takes to understand why it's been called ''The Jewel of the Palm Beaches'' lush landscaping throughout the Town, sails flapping in the breeze at the Marina, service just minutes away an desirable quality of life. Which was the envisioned by Town founders in 1923. Less than 15 minutes to the beach or The Garden Mall at PBG and minutes to Publix supermarket, Home depot and amazing restaurants.

Facts

MLS#
R10583752
Subdivision
LAKE PARK ADD 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1971
Lot Size
8,276 ft²
Sq. Ft.
1,508 ft²
Sq. Mt.
140 m²
Price per sq. ft.
$208/ft²
Price per sq. mt.
$2,236/m²
Stories
1
Garage
Pool
Days on Market
38 days
Listed
Dec 7, 2019
Last Updated
Jul 4, 2026
Price/Lot Sq.Ft.
$38/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Lake Park

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

29

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/4/2026Sold$313,000
1/7/2020Price change$313,000-5.2%
12/7/2019Listed for sale$330,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

551 Teak Drive, Lake Park FL 33403Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$2,077/mo

Principal & Interest

$1,666

Property Tax

$261

Insurance

$150

HOA

$0

20% ($62,600)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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