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294 Arabian Road #294, Lake Worth, FL, 33461

2beds
2baths
1,232sqft
$320,000
$260price/sqft
$2,147/moest. monthly cost
$85,880/yrincome needed

About This Home

New roof and electrical panel in the process of being installed *** Beautiful upgraded 2-bedroom, 2-bathroom townhouse in Palm Springs, Ideally located just 15 minutes from the ocean, close to the airport an,d steps away from vibrant shops and restaurants. Renovated kitchen with wood cabinetry, granite countertops, and stainless steel appliances, perfect for cooking and entertaining. Cozy fireplace, modern lighting fixtures, and an open layout. As per seller : AC 2016/2017 , water heather replaced in 2022.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

8/10
4/10
Conniston Middle SchoolGrades 6-83.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1978

Materials

  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Lower Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Kitchen Island,Upper Level Primary
  • Flooring: Other

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,274
  • Total interior livable area: 1,232 sqft

Property

Details

  • Parcel number: 70434417550012940
  • Special condition: Standard,Listed As-Is
  • Other equipment: Other

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Courtyard,Outdoor Living Area
  • Fencing: Fenced
  • Waterfront features: None

Parking

  • Total spaces: 2
  • Parking features: Assigned,Guest
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$114$1,368
Property Taxes $218$2,616
Electricity $197$2,366
Total$2,147$25,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,611/yr
40% on housing$64,410/yr
45% on housing$57,253/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 33461$122
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33461$355
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$320,000
2026-06-29Price change$325,000
2026-03-23Listed for sale$305,000
2026-03-11Pending sale$305,000
2026-02-12Price change$305,000
2026-01-26Listed for sale$315,000

For Sale by Agent

AgentMaria D Duval PA
BrokerageRE/MAX FIRST

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