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5800 Canal Drive # Lot 7, Lake Worth FL 33463 — photo 11 / 14
40.0% reduced

5800 Canal Drive # Lot 7, Lake Worth FL 33463

Lake Worth, FL

List Price

$2,895,990

Type

Single Family

Bedrooms

8

Bathrooms

8

Price / SqFt

$381/sqft

Price reduction

40% below original list — was $4,829,980

Cash only

Property Information

Square Feet
7,601
Units
1
Days on Market
673
Status
active

Location

County
Palm Beach County
Zip Code
33463
Coordinates
26.6281, -80.0755

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 5800 Canal Drive # Lot 7, Lake Worth FL 33463

Price: $2,895,990

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Why this deal

  • 40% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

69/100

Strong

How this
is scored →
Discount depth40%

40.0% off original list (full marks at 25%+).

Days on market20%

673 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$381/sqft vs area median $333/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

5800 Canal Drive # Lot 7, Lake Worth FL 33463, Lake Worth, FL

Recommended max offer

$3,076,946

Spread vs list (above list)

$180,956

70% rule MAO

$3,076,946

Margin-based MAO

$3,559,944

Est. all-in basis

$3,380,986

Projected profit

$1,448,994

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.