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Awning Analysis
Neighborhood
Schools
Market Statistics
Demographics
5775 Mels WayLake Worth, FL 33463
$549,900  
3  Bd
2  Ba
2,030  Sq. Ft.
Like Property
Key Insights
B+
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! See details
NEW
Market Data
B
Overall Niche school grade
The public schools in this area are good! See details

Awning Agent
Jacob Brenyo
Jacob Brenyo
#: BK3332298
Jacob has 7 years of real estate sales and property management experience. Jacob is a native of Orlando and has worked with hundreds of single-family property owners ensuring the long-term success of their investment. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Jacob

Furnishing Budget

$35,300

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.



Renovation Cost Estimate

$7,000

Some additional repairs to improve the house's appearance and to ensure the property is rent ready.



Highlights

  • The home is conveniently situated just minutes from Okeeheelee Park, Palm Beach Skate Zone, The Square, Animal EDventure Park & Safari, Rapids Waterpark, Manatee Lagoon, iTHINK Financial Amphitheatre, Fishing, Shopping, and Restaurants.
  • The home has an HOA fee of $25.
  • The home is not located in a flood zone



Comps

Use our Estimator tool to find great comps: click here

Ask Jacob a question
Response time: typically within an hour
Text or call  (415) 610-7867

Description
WELCOME TO WEST LAKE WORTH!!! THIS 3 BEDROOM 2 BATH 2 CAR GARAGE SINGLE FAMILY POOL HOME HAS A HUGE YARD ON A CORNER LOT AND PLENTY OF ROOM FOR ALL YOUR PETS. 1 YEAR OLD IMPACT WINDOWS ON ALL THE WINDOWS EXCPET THE BACK BONUS ROOM WHICH HAVE SHUTTERS. THIS HOUSE HAS A BRAND NEW KITCHEN WITH GRAY SHAKER CABINETS AND QUARTZ COUNTER TOPS AND STANLESS APPLIANCES. TILE AND WOOD FLOORING THROUGHOUT THE HOME (NO CARPET). A/C AND HOT WATER TANK INSTALLED LATE 2020. SPLIT BEDROOMS AND ROOM TO ENCLOSE TO MAKE A 4TH BEDROOM OFF THE KITCHEN AREA OR KEEP IS AS A WORKING OFFICE/DEN/MAN CAVE. BOTH BATHROOMS ARE UPDATED AND IN PERFECT CONDITION. HUGE BACK ROOM IS THE WHOLE LENTH OF THE HOUSE WHICH IS PERFECT FOR ENTERTAINING AND CAN BE USE IN MANY DIFFERENT WAYS. OUTSIDE IS PERFECTLY SET UP
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Listed by: Evan D Feldman · DRE#: 20001369 · Better Homes & Gdns RE Fla 1stSource: MLS logo rapb · MLS#: RX · Originating MLS: Regional Association of the Palm BeachesAwning last checked: today at 8:09 PM | Last updated 09/13/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$271
$/Unit
$549,900
Lot size
2,510
Built in
1988
Days on Awning
21

Copyright: Listing Information © 2023 BeachesMLS, Inc. All Rights Reserved.Disclaimer: All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$6,000

NeighborhoodGet to know what living in 33463 is like.
Report Card for 33463Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B+

Public Schools
B
Commute
B-
Cost of Living
B-
Crime & Safety
C+
Diversity
A+
Good for Families
A-
Jobs
B-
Walkability
B
Data provided by Niche.

Living in 33463
Bars
C+
Coffee Shops
B-
Health & Fitness
B
Nightlife
B
Outdoor Activities
B+
Parks
A-
Restaurants
B
Weather
A
Data provided by Niche.

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Schools in 33463
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B school district, meaning the public schools in this area are good!
B

Suncoast Community High SchoolGrades 9 to 12Serves this home • 21.4 miles away
A+
Academics
A+
Teachers
A-
Student-Teacher Ratio
19:1
Total Students
1591
Don Estridge High Tech Middle SchoolGrades 6 to 8Serves this home • 23.0 miles away
A
Academics
A
Teachers
A-
Student-Teacher Ratio
18:1
Total Students
1286
Morikami Park Elementary SchoolGrades PK, K to 5Serves this home • 18.4 miles away
A
Academics
A
Teachers
A-
Student-Teacher Ratio
16:1
Total Students
794
Alexander W. Dreyfoos Jr. School of the ArtsGrades 9 to 12Serves this home • 15.1 miles away
A+
Academics
A+
Teachers
A
Student-Teacher Ratio
20:1
Total Students
1382
Bak Middle School of the ArtsGrades 6 to 8Serves this home • 18.4 miles away
A
Academics
A
Teachers
A-
Student-Teacher Ratio
18:1
Total Students
1381
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
33463 StatsSee how this home compares to the zip code medians.
33463 Median
Home Value
$200,600
Rent
$1,360
Rent-to-Income
30.0%
Income
$54,417
This Home
Listing Price
$549,900174% higher than zip
Rent
$3,170133% higher than zip
Rent to Income
69.9%133% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 33463
    $323,000
  • County
    $459,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 33463
    $177
  • County
    $217

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 33463
    $70k
  • County
    $76k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 33463
    61,829
  • Average in County
    29,536

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3346375%
% Owner Occupied for County70%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3346365%
% White Collar for County60%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3346323%
County35%

Age Distribution 33463
See the distribution of people by age in 33463.
Under 2027%
20 - 4432%
45-6426%
65+15%