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1115 Lake Terrace #111, Boynton Beach, FL, 33426

1beds
1baths
675sqft
$114,900
$170price/sqft
$906/moest. monthly cost
$36,240/yrincome needed

About This Home

This 1/1 condo unit located on the first floor. Great for spending the winter vacationing or your home. A great community in the Boynton Beach area. The amenities include pools, clubhouse, fitness center, putting greens, shuffleboard and much more, This is a 55+ community. This unit has a washer and dryer inside . Allowing up 2 pets.Great location close to shopping and major roads. No rear neighbors.The electrical panel and sockets were all updated to code. All measurements are approximate . Brand New A/C Installed.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

2/10
Galaxy Elementary SchoolGrades PK-51.0 mi
3/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1973

Materials

  • Construction materials: Block,Concrete

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Family/Dining Room,Main Level Primary,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 675
  • Total interior livable area: 675 sqft

Kitchen

  • Level: Main
  • Area: 56
  • Dimensions: 8 X 7

Living Room

  • Level: Main
  • Area: 216
  • Dimensions: 18 X 12

Master Bedroom

  • Level: Main
  • Area: 154
  • Dimensions: 14 X 11

Property

Details

  • Parcel number: 08434529100051110
  • Zoning: RES
  • Special condition: Listed As-Is

Features

  • Pool features: Association
  • Patio & porch: Covered,Patio
  • Exterior features: Outdoor Living Area
  • Waterfront features: None

Parking

  • Parking features: Assigned

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
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
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 $580$6,960
Home Insurance *$51$612
Property Taxes $78$936
Electricity $197$2,366
Total$906$10,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,062/yr
40% on housing$27,180/yr
45% on housing$24,160/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

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 33426$169
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33426$243
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
2026-03-11Price change$114,900
2026-01-13Listed for sale$119,900
2025-10-28Listing removed$119,900
2025-07-22Listed for sale$119,900
2024-08-09Sold$120,000
2024-07-20Pending sale$120,000
2024-06-24Price change$120,000
2024-06-09Listed for sale$130,000
2006-04-11Sold$90,000
2001-10-22Sold$19,000
1993-12-20Sold$19,500

For Sale by Agent

AgentLinda B Allen
BrokerageColdwell Banker Realty

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