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226 Palmway S 1
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PRICED AT ONLY: $1,000,000

Address: 226 Palmway S 1, Lake Worth, FL 33460

Description

Presenting a prime investment opportunity in Lake Worth Beach: a turn key quadplex just 1 mile from the beach and 2 blocks from the shopping and restaurants on Lake Avenue. Each of the four 1 bed, 1 bath units is fully equipped, featuring impact windows, tropical landscaping, and off street parking for 4 vehicles. Enjoy a spacious patio area and impressive $140K annual gross Airbnb revenue.

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  • MLS#: RX-11042156 ( Quad Plex )
  • Street Address: 226 Palmway S 1
  • Viewed: 3
  • Price: $1,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 20

Description

Presenting a prime investment opportunity in Lake Worth Beach: a turn key quadplex just 1 mile from the beach and 2 blocks from the shopping and restaurants on Lake Avenue. Each of the four 1 bed, 1 bath units is fully equipped, featuring impact windows, tropical landscaping, and off street parking for 4 vehicles. Enjoy a spacious patio area and impressive $140K annual gross Airbnb revenue.
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Features
Building and Construction
  • Absolute Longitude: 80.050308
  • Construction: Frame, Stucco
  • Exterior Features: None
  • Flooring: Laminate
  • Roof: Comp Rolled, Mansard
  • Sqft Source: Other
  • Sqft Total: 2140.00
  • Total Building Sqft: 2024.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 40.0 ft x 135.0 ft
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Wall-Win A/C
  • Heating: No Heat
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Public Sewer, Public Water
  • Window Treatments: Impact Glass
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 0.00
  • Income Expenses Annual Total Expense: 0.00
  • Income Expenses Gross Operating Inc: 140000.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: None
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: TOWN OF LAKE WORTH N 40 FT OF LT 2 BLK 99
  • Parcel Id: 38434421150990021
  • Possession: Funding
  • Zoning: MF-20(
Nearby Subdivisions
Bryant Park   F Street Villa Condo   Lake Worth Town Of   Lake Worth Town Of Add   Lake Worth Town Of Add 1   Worthmore Park In  
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