Biltmore Terrace, 5116 Palm Way

3
Beds
21/2
Baths
2,015
SqFt
$283
$/SqFt
Sold - Jun 27, 2025
Premium House
Built in 1988
2 Parking
Garden View
Ranch, Traditional
Outdoor Living Area
Discover the perfect blend of space and comfort in this 3-bedroom, 2.5-bathroom home, nestled in the highly desirable non-HOA community of Biltmore Terrace in Lake Worth. A charming French door entry welcomes you into a bright and airy living space, where cathedral ceilings and windows create an inviting atmosphere. The open living and dining areas seamlessly flow to the screened patio through sliding glass doors, providing the ideal setting for indoor-outdoor living. A thoughtfully designed kitchen boasts oversized windows, a breakfast area with patio access, and ample storage, while a separate family room offers additional space for relaxation or entertaining. The main bedroom serves as a peaceful retreat, complete with a spacious walk-in closet and an ensuite bathroom featuring a separate tub and shower. All additional bedrooms are generously sized, carpeted, and equipped with ample closet space. A conveniently located guest bathroom and a laundry closet add to the home's functionality. The garage is an oversized two-car width, providing ample space, and also includes a dedicated workshop area, ensuring convenience for every homeowner. Step outside to enjoy the expansive fenced backyard, offering endless possibilities for outdoor enjoyment. Whether you're envisioning a garden, play area, or future pool, this space is ready to be transformed to fit your lifestyle. Ideally located just minutes from top-rated shopping, dining, and entertainment, this home delivers both tranquility and accessibility. Don't miss out on this incredible opportunity to own in Biltmore Terrace!
MLS Number: R11073565
On Site: 548 Days
Updated: 8 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: Bathtub, CathedralCeilings, DiningArea, SeparateFormalDiningRoom, SoakingTub, SeparateShower, UpperLevelPrimary, VaultedCeilings, Bar, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, WaterHeater, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: Carpet,CeramicTile
  • Windows/Treatment: Blinds, Drapes, Sliding
  • Year Built: 1988
  • Style: Ranch,Traditional
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Hidden Oaks K-8
  • Middle School: Christa McAuliffe
  • Senior High School: Park Vista
Other Property Info
  • Garage: 2
  • Listing Date: 2025-03-20T17:22:01.000-00:00
  • Directions: North
  • Pets Allowed: Yes
Taxes, Fees & More
  • Taxes: 7870
  • Security Information: SecuritySystemOwned
  • Parking Description: Attached, CircularDriveway, Garage, GarageDoorOpener, Open
  • Total Floors in Building: 1

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Price History

Current
$570K
High
$635K
Low
$570K
Total Change
-10.2%
$643K$603K$562KMar 25Apr 25Apr 25Apr 25Jun 25Apr 25
Date
Event
Price
Change
Price Per
04/17/2025
Sold
$570K
0%
$283 ft2
$3,045 m2
06/27/2025
Price Reduced
$570K
0%
$283 ft2
$3,045 m2
04/16/2025
Price Reduced
$570K
-4.98%
$283 ft2
$3,045 m2
04/16/2025
Price Reduced
$600K
-4.02%
$298 ft2
$3,205 m2
04/03/2025
Price Reduced
$625K
-1.57%
$310 ft2
$3,339 m2
03/20/2025
Listed
$635K
 
$315 ft2
$3,392 m2
04/17/2025
$570K
Event
Sold
Change
0%
Price Per
$283 ft2
$3,045 m2
06/27/2025
$570K
Event
Price Reduced
Change
0%
Price Per
$283 ft2
$3,045 m2
04/16/2025
$570K
Event
Price Reduced
Change
-4.98%
Price Per
$283 ft2
$3,045 m2
04/16/2025
$600K
Event
Price Reduced
Change
-4.02%
Price Per
$298 ft2
$3,205 m2
04/03/2025
$625K
Event
Price Reduced
Change
-1.57%
Price Per
$310 ft2
$3,339 m2
03/20/2025
$635K
Event
Listed
Price Per
$315 ft2
$3,392 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jeffrey TricoliKW Reserve Palm Beach • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Car-Dependent. Most errands require a car
36

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
44

100
Sound Score®
Bearable noise
78

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
28

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
780 - 4,186
SqFt Range
1977
Year Build
1
Total Floors

Subdivision Amenities

None
Sidewalks

Lake Worth
Premium
Premium Homes & Condos