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Back 5116 Palm Way
Off Market

5116 Palm Way

Lake Worth Beach FL 33463

3
3
2
2947 sq. ft.
0.61 ac.
Single-Family
Last sold for $570,000
Jeff TricoliJeff Tricoli, last sold this property on 27 June 2025 after 98 days on market.

Overview

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!

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2947 sq. ft. floor area
0.61 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Lake Worth Beach over the last 12 months, the estimated median property value of 5116 Palm Way is $475k.

Median value
$475k
Estimated value range
$42k - $875k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Worth Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5116 Palm Way

2025
Sold
$570,000
27 Jun 2025 by Jeff Tricoli, of KW RESERVE PALM BEACH

Happy sellers in Lake Worth Beach

88%
88% of sellers in Lake Worth Beach reported that their sale price either exceeded or met their price expectations.

Lake Worth Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Lake Worth Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Lake Worth Beach

In the last 12 months, 170 three-bedroom single-family properties similar to 5116 Palm Way, have been sold.

This represents a 3% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Worth Beach

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Dana Demos

Sellers who recommend Dana Demos have praised them for being local expert, supportive, clear communication, responsive, empathetic, patient, and friendly

  •   5   (63 reviews)
  •  7 Reviews in Lake Worth Beach
  •  11 Sales in Lake Worth Beach
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Jeff Tricoli

Sellers who recommend Jeff Tricoli have praised them for being clear communication, responsive, local expert, supportive, great negotiation, strategic, and well-prepared

  •   5   (960 reviews)
  •  4 Reviews in Lake Worth Beach
  •  17 Sales in Lake Worth Beach
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Dave Magua

Sellers who recommend Dave Magua have praised them for being local expert, responsive, clear communication, detail-oriented, supportive, great negotiation, and reliable

  •   5   (223 reviews)
  •  3 Reviews in Lake Worth Beach
  •  1 Sale in Lake Worth Beach
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Kayla Klein

Kayla Klein is a recommended agent for Lake Worth Beach.  They have 5 local sales and collected 2 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  2 Reviews in Lake Worth Beach
  •  5 Sales in Lake Worth Beach
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