Ambassador I Condo Homes for Sale

Ambassador I Condo is a residential community in Lake Worth, Florida. Active listings are currently priced from $138K–$138K.

Pure Equity Realty covers Ambassador I Condo and the Lake Worth area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Ambassador I Condo Lake Worth homes for sale as of October 2026. The median asking price is $139,000. Asking prices run from $139,000 to $140,000.

That is 67% below the Lake Worth median of $420,000. On a per-foot basis, homes here ask about $120 per square foot, compared with $250 across Lake Worth. So the median price buys roughly 1,150 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 33 days on the market. That is faster than the Lake Worth average of 103 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ambassador I Condo date from 1980, so they are about 46 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Ambassador I Condo have a median asking rent of $1,700 per month, across 1 active rental listing. For comparison, the Lake Worth median is $2,405, so rents here run 29% lower.

You can browse current Lake Worth rentals or ask us for a rent estimate on a specific Ambassador I Condo home.

Here is what the median Ambassador I Condo price means in Florida closing terms. At $139,000, a 20% down payment comes to about $28,000, leaving a loan near $111,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $390. Next, the intangible tax of 0.2% adds about $223. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Ambassador I Condo median, that is about $975.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Ambassador I Condo listings show assignments to Liberty Park (Palm Beach) (elementary), Okeeheelee (middle) and Dr. Joaquin Garcia (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.