Lake Worth Real Estate

Here is a snapshot of Lake Worth median homes prices furnished by City-Data.com  This is interesting because unlike other portions of Florida that showed a little up-tick at the end of last year, Lake Worth median home prices remained level.

The reason for this is speculation but many believe that the glut of foreclosures and short sales  hitting the market is keeping the prices level. Here at Realty Elite USA we have over 100 realtors waiting to serve you. Many of them are experienced in dealing with distressed properties on the selling side and all of them will be able to help you find a deal in this type of special real estate market that only comes by once every 20-40 years.

Lake Worth Real Estate has a Special History

After Henry Flagler extended his rail line south from West Palm Beach to Miami in 1896, a land development scheme was created to plant a townsite between the railroad and the lake. Purchasers of lots within the townsite would also receive a larger plot of land west of town for agricultural use. The initial name proposed for the new town was Lucerne, however the U.S. Post Office refused to accept the name because there was already a “Lake Lucerne” in Dade County. The city fathers decided on the name Lake Worth, for the lake on which the fledgling town was located, and one of the main streets was named Lucerne Avenue. The city was officially incorporated in 1912. Many of the first residents were farmers from other parts of the American south and mid-west, looking to benefit from the growing winter vegetable market of the time. The city benefited with the rest of South Florida during the Florida land boom of the 1920’s. A wooden automobile traffic bridge over Lake Worth was completed in 1919. The first casino and municipal beach complex was completed shortly thereafter. The 1920’s also saw the completion of the Gulf Stream Hotel, which is presently be renovated and is on the National List of Historic Places.

Things to Do in Lake Worth Florida

You have to start at the Beach. Lake Worth has a lovely beach with a long peer. In addition to the beach itself in the past few years there has been quite a renaissance in the whole scene going on near the beach. Many new shops and restaurants have sprung up near the beach.

Lake Worth Chamber of Commerce Old Florida charm, new Florida style

Community Events - Please see the following link to get a feel for community events going on in Lake Worth Florida. The town is full of very active parks and recreational facilities

Historic Lake Worth Neighborhoods - See Below

Bryant Park
(Lake Avenue to 5th Avenue South and Federal Highway to the Intracoastal)

College Park
(WPB Canal on the North to Wellesley Drive on the South, from Dixie Highway on the West to the Intracoastal on the East)
www.collegeparklakeworth.com

Downtown Jewel
(Lucerne Avenue to 6th Avenue South, from Federal Highway to Dixie Highway)

Eden Place
(10th Avenue North to 13th Avenue North, East of Dixie Highway and West of Federal Highway to Wellesley Drive from Dixie Highway to the Intracoastal)

SOSA (South of Sixth Avenue)
(6th Avenue South to 15th Avenue South from Dixie Highway East to Federal Highway)

Mango Groves
(Lucerne Avenue North to 10th Avenue North from Dixie Highway East to Federal Highway)

Parrot Cove
(East of Federal Highway between 2nd Avenue North and 13th Avenue North to the Intracoastal)
www.parrotcove.org

Vernon Heights
(Pierce Drive East to A Street)

South Palm Park
(5th Avenue South to 18th Avenue South East of Federal Highway to the Intracoastal)

Tropical Ridge
(Lucerne Avenue North to 10th Avenue from Dixie Highway to I-95)
www.tropicalridge.org

Whispering Palms
(12th Avenue South to 15th Avenue South, from Dixie Highway to I-95)

Sunset Ridge
(10th Avenue North to 20th Avenue North West of Dixie Highway to I-95)

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