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Built in 2017 - 180 units - 2 floors

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Building Information

Colony Reserve

Number of units: 180
Active listings for rent: 3
Active listings for sale: 7
Building inventory for sale: 3%
Number of sales over the last 12 months: 10
Number of sales over the last 6 months: 7
Number of sales over the last 3 months: 4
Avg. time to close over last 12 months: 64 days

Address

5752-5987 Monterra Club Dr, Lake Worth, Palm Beach, FL, 33463

The Colony Reserve @ Lake Worth Homeowners Association Inc
5299 Lantana Road
Lake Worth, FL 33463
(561) 641-8877
(561) 249-2941

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1,897 sq ft Oct 2024 $410,000 $216
1,897 sq ft Sep 2024 $415,000 $219
1,897 sq ft Aug 2024 $455,000 $240
1,897 sq ft Aug 2024 $420,000 $221
1,897 sq ft Aug 2024 $405,000 $213

Market Information

Building vs Area

Colony Reserve: $271/sq. ft.
Lake Worth: $277/sq. ft.

Area vs City

Lake Worth $277/sq. ft.
Palm Beach $466/sq. ft.

Inventory for sale

Lake Worth: 4%
Palm Beach: 4%

Avg. time to close over last 12 months

Colony Reserve 64 days
Lake Worth: 50 days
Palm Beach: 60 days