$10,000

closing credit¹

226 S Palmway Unit 1 Lake Worth, FL 33460

$1,000,000
2,024 sqft
$494 / sqft
Multi-Family

Property details

About 226 S Palmway Unit 1

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.

Highlights

Home typeQuadruplex
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size2,024 sqft
Year built1925
MLS #RX-11042156

Virtual tour

Summary

  • MLS Number: RX-11042156
  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: John Moran

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a patio area and outdoor lounge area

$1,000,000

226 S Palmway Unit 1

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

South Grade Elementary School

Public Magnet PK-5

0.5 mi

716 S K St

2

Highland Elementary School

Public Magnet EE-5

1.2 mi

500 Highland Ave

2

Barton Elementary School

Public District PK-5

1.5 mi

1700 Barton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,477. The majority of Lake Worth, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

45%
<35k
47%
35k-100k
4%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
27%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 226 S Palmway Unit 1 in Lake Worth, FL and zip code 33460 in the Bryant Park neighborhood. This 2,024 square foot home was built in 1925. Features: 0 bathroom. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $1,000,000.

While more than 8 listings in Lake Worth, FL in January 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. Between December and January 2025, Lake Worth, FL real estate market has seen increase in the number of listings by 14.8%. The median list price of listings available in January 2025 was $466,547, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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