1 / 35143 Lake Susan Drive, West Palm Beach FL 33411
West Palm Beach, FL
List Price
$200,000
Type
Single Family
Bedrooms
2
Bathrooms
2
Price / SqFt
$165/sqft
Price reduction
20% below original list — was $250,000
From the listing
Quaint 2 Bedroom, 2 Bathroom, 1-Story Villa with laundry in unit and Fantastic Canal View on Quiet Street. Friendly 55+ Neighborhood with Full Time Guarded Gatehouse. The Moment You Enter this Attached Villa Home, You Can See Straight Through the House from Front to Back With a Spectacular View of the Canal. The Kitchen Has Been Remodeled in a Black and White Theme With Black Granite Countertops and Offers a Window Overlooking the Front of the Property. The Home Offers a Split Floor Plan with the Guest Bedroom at the Front of the House Next to the Second Full Bath and the Master Bedroom Located Right Off the Living Room with an En-Suite Full Bathroom (Recently Remodeled). It Features a Large Living and Dining Room as Well as Patio Area Which Has Been Converted to Livable Space with Large Sliding Glass Doors Overlooking the Canal. There is a Brick Paver Patio Outside the Sliding Glass Doors to Enjoy Cool Breezes in the Evenings or Coffee by the Water in the Morning. The Patio Also Features a Water Spicket. In Addition, This Home has a Stackable Washer/Dryer Combo Unit Included (Which Most Units Do Not Offer) Located in the Former Patio Area Closet. The Living Room has a Skylight Adding Additional Light To the Room. The Dining Room has Floor to Ceiling Mirrors. The Home has Waterproof Vinyl Flooring Throughout and an Alarm System with ADT. HOA Includes Basic Cable, Internet, Landscaping and Mowing Plus a Bus to Take You to Local Shopping Areas. One Assigned Parking Space and One Guest Spot Located Directly In Front of the Unit. Screened In Entryway. Home is Handicap/Walker Accessible. Move in Ready. Neighborhood Features a Community Clubhouse Hosting Regular Social Activities. In Addition, the Clubhouse has a Community Pool Plus Additional Pools Located Throughout the Community With One Just a Few Doors Down. Gated Community with Full Time Security Manned at Gates Around the Clock.
Property Information
- Square Feet
- 1,209
- Units
- 1
- Days on Market
- 276
- Status
- active
Location
- County
- Palm Beach County
- Zip Code
- 33411
- Coordinates
- 26.6953, -80.1682
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.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
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Why this deal
- 20% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
60/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
20.0% off original list (full marks at 25%+).
276 days on market (full marks at 120+ — more time = more leverage).
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 scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- thin equity — lender-unfriendly LTV (≈ 116% of ARV)
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- thin equity — lender-unfriendly LTV (≈ 116% of ARV)
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
We do not yet cover permit records in Palm Beach County, so no permit search was run. Verify directly with the building department.
4-point — last permit
- Roofnot covered
- Electricalnot covered
- Plumbingnot covered
- HVACnot covered
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-10. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
143 Lake Susan Drive, West Palm Beach FL 33411, West Palm Beach, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$115,146
Room vs list (above list)
$84,854
Est. equity
-$38,700
-19% of ARV, at list
ROC at list
-16%
Est. all-in at list
$238,700
list + rehab + txn + carry
70% rule MAO
$126,000
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.