The Gardens, 5000 Lake Ave

3
Beds
1
Baths
850
SqFt
$345
$/SqFt
Sold - May 02, 2025
Premium House
Built in 1950
Garden View
Ranch, Traditional
Balcony
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.
MLS Number: R11074665
On Site: 561 Days
Updated: 25 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, OutdoorLivingArea
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: FamilyDiningRoom, TubShower
  • Equipment / Appliances: ElectricRange, ElectricWaterHeater, WaterHeater
  • Heating Description: Central
  • Cooling Description: CentralAir, CeilingFans
Building and Construction
  • Floor Description: CeramicTile,Wood
  • Windows/Treatment: Blinds
  • Year Built: 1950
  • Style: Ranch,Traditional
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Palmetto (Palm Beach)
  • Middle School: Conniston Community
  • Senior High School: Forest Hill
Other Property Info
  • Garage: No info
  • Listing Date: 2025-03-24T16:18:29.000-00:00
  • Directions: West
  • Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
  • Taxes: 3888.36
  • Security Information: None
  • Parking Description: RvAccessParking
  • Total Floors in Building: 1
  • Total Units in Complex: 1

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Price History

Current
$293K
High
$349K
Low
$293K
Total Change
-16%
$356K$321K$286KMar 25Apr 25May 25Apr 25
Date
Event
Price
Change
Price Per
04/07/2025
Sold
$293K
0%
$345 ft2
$3,710 m2
05/02/2025
Price Reduced
$293K
-8.15%
$345 ft2
$3,710 m2
04/06/2025
Price Reduced
$319K
-8.6%
$375 ft2
$4,040 m2
03/24/2025
Listed
$349K
 
$411 ft2
$4,420 m2
04/07/2025
$293K
Event
Sold
Change
0%
Price Per
$345 ft2
$3,710 m2
05/02/2025
$293K
Event
Price Reduced
Change
-8.15%
Price Per
$345 ft2
$3,710 m2
04/06/2025
$319K
Event
Price Reduced
Change
-8.6%
Price Per
$375 ft2
$4,040 m2
03/24/2025
$349K
Event
Listed
Price Per
$411 ft2
$4,420 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Leah Ball • One Sotheby's International Re • Buyer Agency Compensation .

Transit & Commute from The Gardens

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30
Traffic score
Congested area. Frequent traffic delays
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Listing Location & Street View

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
66

100
Transit Score®
Some Transit. A few nearby public transportation options
31

100
Bike Score®
Bikeable. Some bike infrastructure
54

100
Sound Score®
Bearable noise
75

100
Airport Score
Close to airports. Noticeable airport activity
3

100
Traffic Score
Congested area. Frequent traffic delays
30

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
2 – 2 BR
Bedrooms
$360K – $680K
Price Tier
2 - 3,700
SqFt Range
1939
Year Build
1
Total Floors

Subdivision Amenities

None
Sidewalks

West Palm Beach
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