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4525 PARK LAKE TER S

Townhouse Recently Sold
$165,500

BTC: 2.62698413

ETH: 94.78808706

Sold on: 2026-04-30
5 days
Waterfront
2 bds
2 ba
1,304 sqft

Overview

Lakefront Fixer-Upper in Desirable Forty Three West – Wide Water Views & Garage! Rare opportunity to renovate and customize this 2-bedroom, 2-bath lakefront condo in the desirable Forty Three West community. Offering 1,304 sq. ft. of living space and wide lake views, this property is priced aggressively and well below updated units—ideal for buyers ready to create their own Florida retreat. Enjoy a flexible floor plan with great potential: The upstairs bedroom features a private balcony overlooking the lake and a spacious loft area perfect for a sitting space, reading nook, or home office. The bathroom is conveniently located just outside the bedroom. The downstairs bedroom includes pocket doors for privacy and connects directly to the adjacent bathroom, allowing it to function as an ensuite-style space or guest bath. The central kitchen opens to the living and dining areas and offers excellent potential for a full redesign with added storage and possible counter seating. The living room features vaulted ceilings and sliding doors leading to the screened lanai, where you can relax and take in peaceful wide water views. Major value-add: A/C replaced in 2024 and hardly used. Additional features include a one-car garage with washer/dryer and extra storage space. Community amenities include a pool, spa, tennis/pickleball courts, clubhouse, and scenic lake boardwalk. HOA includes cable, Wi-Fi, and grounds maintenance. Conveniently located just 15 minutes to Gulf Coast beaches, shopping, dining, and near IMG Academy. Please note: Rentals are not currently permitted, as the community rental capacity has been reached. Don’t miss this chance to renovate and build equity in a highly desirable West Bradenton location with beautiful lakefront views.

Location

Details

Type:
Residential
Parking:
Driveway / Guest
Year Built:
1988
Lot:
0.05 Acres
Heating:
Central / Electric
Price/sqft:
$134
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$392,450
$247K – $500K
Confidence Low
List vs. estimate
$217K below estimate
List $175,000 · -55.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$134
-35.4% vs. city median $207
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,904
2025
View
Water
Waterfront
Lake Front, Pond
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Living Room/Dining Room Combo

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Guest

    Property

    • Levels: Two

    • Exterior Features: Private Entrance / Private Mailbox / Sliding Doors

    Lot

    • Lot: 0.05 Acres

    Other Property Information

    • Parcel Number: 5081505504

    • Zoning: PDR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • Cable Connected

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $3,904

  • Source details

    • MLS ID: A4685292

    Other facts

    • Construction Materials: Block / Stucco / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Patio And Porch Features: Rear Porch / Screened

    • Direction Faces: South

    • Architectural Style: Contemporary

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1304

    • Water Source: Public

    • Subdivision Name: FORTY THREE WEST PALMS II PH 1

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC