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5820 Canal Drive #12, Lake Worth FL 33463 — photo 11 / 4
24.2% reduced

5820 Canal Drive #12, Lake Worth FL 33463

Lake Worth, FL

List Price

$2,699,990

Type

Single Family

Bedrooms

6

Bathrooms

7

Price / SqFt

$699/sqft

Price reduction

24.2% below original list — was $3,559,990

Property Information

Square Feet
3,860
Units
1
Days on Market
368
Status
active

Location

County
Palm Beach County
Zip Code
33463
Coordinates
26.5635, -80.1296

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: 5820 Canal Drive #12, Lake Worth FL 33463

Price: $2,699,990

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Why this deal

  • 24.2% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

63/100

Fair

How this
is scored →
Estimated equityassumed40%

No comp-based ARV yet for this listing — equity scored neutral.

Discount depth20%

24.2% off original list (full marks at 25%+).

Days on market20%

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

Seller-motivation signals20%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal calculator

Value-add deal calculator

5820 Canal Drive #12, Lake Worth FL 33463, Lake Worth, FL

No closed comps matched yet — ARV below is a starting estimate. Verify.

Recommended max offer

$1,612,493

Room vs list (above list)

$1,087,497

Est. equity

-$615,374

-23% of ARV, at list

ROC at list

-19%

Est. all-in at list

$3,315,364

list + rehab + txn + carry

70% rule MAO

$1,612,493

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com