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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: 7
Number of sales over the last 6 months: 3
Number of sales over the last 3 months: 3
Avg. time to close over last 12 months: 70 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 Jun 2024 $475,000 $250
1,622 sq ft May 2024 $410,000 $253
1,897 sq ft Apr 2024 $410,000 $216
1,897 sq ft Dec 2023 $410,000 $216
1,622 sq ft Nov 2023 $463,000 $285

Market Information

Building vs Area

Colony Reserve: $256/sq. ft.
Lake Worth: $290/sq. ft.

Area vs City

Lake Worth $290/sq. ft.
Palm Beach $474/sq. ft.

Inventory for sale

Lake Worth: 4%
Palm Beach: 3%

Avg. time to close over last 12 months

Colony Reserve 70 days
Lake Worth: 46 days
Palm Beach: 57 days