LAKEVIEW RIDGE,The Gardens Lakeview

5000 Lake Avenue, West Palm Beach FL 33405

3 beds · 1 baths · 850 ft²

Closed

$319,000

8.60%

Est. Payment $1,698/mo

MLS Sheet Video

3

Bedrooms

1

Bathrooms

850

Sq. Ft.

1950

Year Built

1

Stories

21

Days on Market

Description

NEWLY PRICED!!! Owner says sell! 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.

Facts

MLS#
R11074665
Subdivision
LAKEVIEW RIDGE,The Gardens Lakeview
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1950
Lot Size
6,098 ft²
Sq. Ft.
850 ft²
Sq. Mt.
79 m²
Price per sq. ft.
$375/ft²
Price per sq. mt.
$4,038/m²
Stories
1
Garage
Pool
Days on Market
21 days
Listed
Mar 20, 2025
Last Updated
Sep 10, 2026
Price/Lot Sq.Ft.
$52/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

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

Sellers market

September 2026

100/100
Buyers marketSellers market

15

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).

9/10/2026Sold$319,000
4/7/2025Price change$319,000-8.6%
3/20/2025Listed for sale$349,000

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

Location

5000 Lake Avenue, West Palm Beach FL 33405Directions

Estimated Monthly Payment

$2,114/mo

Principal & Interest

$1,698

Property Tax

$266

Insurance

$150

HOA

$0

20% ($63,800)
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

Hablo Español

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