Property Description:
This 2,683 sq ft 3-bed, 3-bath single-family home with garage sits on an 8,276 sq ft lot in the gated Valencia Shores 55+ community. Built in 2003, the property has a comfortable floor plan, access to resort-style amenities, and a desirable Lake Worth location. The community offers a clubhouse, fitness center, tennis, pickleball, walking trails, and a large pool for residents.
🛠️ Rehab Scope
The home is largely original and will benefit from cosmetic and mechanical updates to reach full retail potential:
- Interior paint, flooring, kitchen and bath modernization
- Fixtures, lighting, and appliance upgrades
- Possible roof/HVAC refresh depending on condition
🔴 Comparable Sales
- · 8303 Playa Del Sur Blvd – 2,099 sq ft, 3/2, built 2003 → Sold $518,000 ($247/sq ft)
- · 8287 Playa Del Sur Blvd – 2,124 sq ft, 3/2, built 2003 → Sold $397,500 ($187/sq ft)
- · 7757 Royale River Ln – 2,668 sq ft, 4/3, built 2003 → Sold $599,000 ($225/sq ft)
- · 8206 Azure Coast Blvd – 2,176 sq ft, 3/2, built 2003 → Sold $600,750 ($276/sq ft)
- · 8781 Laguna Royale Pts – 2,099 sq ft, 3/2, built 2003 → Sold $415,000 ($198/sq ft)
- · 7834 Vista Palms Way – 2,099 sq ft, 3/2, built 2003 → Sold $584,000 ($278/sq ft)
💰 ARV Analysis
At ~2,683 sq ft, updated comps in the community trade between $225–$278 per sq ft. This suggests an ARV in the $600K–$720K range, depending on the level of renovation and finishes. We landed in the $630k area.