Atlantic Luxury AdvisorsKeller Williams Realty Services

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1516 S Lakeside Dr #106

$197,500
1
1.5
767 sq ft
1973
Condominium
$370/mo
Yes
Yes
17
Active

Listing courtesy of Coldwell Banker Premium Realty. Contact: [email protected].

About this home

Not designed for everyone. Designed with intention. In a 55+ community on the Lake Worth Lagoon, this 1BR/1.5BA residence pairs a modest footprint with a bold architectural vision. Reimagined with updated electrical and plumbing, impact windows, Porcelanosa bath tile, sculptural lighting and specialty glass sourced from Lake Worth Beach's McMow Art Glass. Preserved original framing is deliberately exposed, honoring the building's history, while glass blocks bring light into the open, door-free design. The minimalist kitchen features undercounter refrigeration and a two-burner cooktop, with no freezer or dishwasher. For someone who values craftsmanship and individuality over convention, this is a rare waterfront-community opportunity under $200,000. Some homes are renovated. Others are thoughtfully reimagined. This distinctive 1-bedroom, 1.5-bath residence at Palm Lake Condo reflects an owner's appreciation for architecture, fine materials and intentional design. Located in a 55+ waterfront community along the beautiful Lake Worth Lagoon in Lake Worth Beach, it offers an uncommon opportunity to enjoy a highly individualized home for under $200,000. The renovation extends well beyond cosmetic improvements, with updated electrical and plumbing, impact windows, beautifully finished modern walls, carefully selected statement lighting and a bathroom featuring Porcelanosa tile. One of the home's most interesting architectural details is its preservation of original construction materials. Rather than conceal every element of the building's history, the owner intentionally exposed and carefully finished sections of the original wood framing and metalwork. These details are part of the design, reflecting an appreciation for craftsmanship and authenticity. Specialty architectural glass, sourced from McMow Art Glass, a celebrated local Lake Worth Beach studio, introduces another beautiful element. The textured glass allows light to filter and reflect throughout the residence, creating a sense of openness while providing visual separation. The interiors embrace a minimalist philosophy. Conventional interior doors have largely been eliminated in favor of an open, uninterrupted flow, with cabinetry providing thoughtfully concealed storage. The kitchen follows this same design approach. It features undercounter refrigeration and a two-burner cooktop rather than traditional full-size appliances. There is no freezer or dishwasher. These are deliberate design choices, and buyers seeking a conventional kitchen should take note. The community enjoys a picturesque Intracoastal setting with a waterfront swimming pool and convenient access to downtown Lake Worth Beach, restaurants, shopping and the area's beautiful beaches. This residence is not intended to appeal to everyone. It is for someone who recognizes the value of fine materials, meticulous attention to detail and a home with its own architectural identity. An opportunity to own something genuinely different at an approachable price point. Best experienced in person.

Virtual tour
What it costs to own
Estimated monthly payment
$1,722/mo
Principal and interest
$999
Property tax
$228
Homeowners insurance
$125
HOA
$370

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,738/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$370/mo (from the listing)

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.