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119-121 N Golfview Road, Lake Worth Beach, FL 33460 (MLS# R10695695)

119-121 N Golfview Road, Lake Worth Beach, FL 33460

$2,200,000
Property Type: Residential Income Square Footage: 5,677 Status: Closed
Current Price: $2,200,000 List Date: 2/26/2021 Last Modified: 5/25/2026

Overview

Description

The Parrot Cove Inn located across from the Intracoastal Waterway and the Bridge to Lake Worth Beach. 10 units on a 20,250 sq. ft. lot with 150 ft. of frontage and 135 ft. deep. The entire property is not historic and can be demolished to build new up to 45 ft. under current codes. The Zoning is Downtown Zoning with no restrictions except the height and density. Currently the Inn is a long term rental property with 10 units, interior parking and a laundry room. There are 2 two bedroom units, 5 one bedroom units, and 3 studios apartments. The current rent roles are between $12K and $14K a month depending on vacancies. Previously and the highest and best use wold be short term Vacation Rentals. Proximity to downtown, the Beach and all of the local restaurants. All new roofs & impact glass.

Supplements: All separately metered, all units are on Central A/C. All of the front facing apartments have view of the intracoastal, and the Lake Worth municipal golf course. Please Do Not Walk The Property. The units are fully rented and the listing agent must arrange any showings. Zoning codes are listed in document section.

Listing Details MLS# R10695695

General Property Information

Number Of Units Total
10
Property Sub Type
Quadruplex
Building Area Main
5677
Building Area Source
Public Records
Living Area Main
5092
Year Built
1925
Gated Community YN
No
Lot Size Area
20250
Lot Size Acres
0.46
Lot Size Dimensions
150.0 ft x 135.0 ft
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: Boating; Golf Course; Jogging Path; Pool Documents Available: Inventory Electric: Three Phase Fencing: Fenced Flooring: Carpet; Ceramic Tile; Wood Property Condition: Resale Tenant Pays: None Source Of Expenses: Owner Provided Boat and Dock Features: Ramp Construction Materials: CBS; Frame; Mixed Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Window/Wall Laundry Features: Outside; Washer Hookup; Dryer Hookup Listing Terms: Cash Other Structures: Shed(s) Possession: Close Of Escrow Restrictions: No Restrictions Roof: Mixed Sewer: Public Sewer Tax Information: County Only Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Golf Course Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Contingencies: None Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2300000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
119-121
Street Direction Prefix
N
Street Name
Golfview
Street Suffix
Road
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
Lake Worth Beach
Development Name
Parrrot Cove Inn
Area
5600
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421150340110
Zoning
MF-20(
Directions
Downtown Lake Worth, North on Palmway to 2nd Ave, then east to intracoastal on Golfview Road. (one way St.)

Financial Information

Tax Annual Amount
27602.6
Tax Year
2020
Tax Legal Description
TOWN OF LAKE WORTH LTS 11 TO 13 INC BLK 34

Status Change Information

Major Change Timestamp
2021-04-20T17:54:50Z
Major Change Type
Status Change
Status Change Date
2021-04-20
Under Contract Date
2021-03-08
Close Date
2021-04-19
Close Price
2200000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
73600
Gross Income
154800
Net Operating Income
80880

Storm Protection

Impact Glass
Complete

Unit 1 Details

Actual Rent
1500
Baths Full
Yes
Furnished
Furnished
SqFt
650

Unit 2 Details

Actual Rent
1100
Baths Full
2
Efficiency YN
Yes
Furnished
Furnished
SqFt
780

Unit 3 Details

Actual Rent
1100
Baths Full
Yes
Furnished
Furnished
SqFt
560

Unit 4 Details

Actual Rent
1400
Baths Full
Yes
Furnished
Furnished
SqFt
870

Price Calculations

Current Price To SqFt
432.05
Original List Price To Close Price
1.04

Originating Details

Originating System Key
20210226204852924738000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Boating
Yes
Golf Course
Yes
Jogging Path
Yes
Pool
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Wood
Yes

Property Condition

Resale
Yes

Documents Available

Inventory
Yes

Fencing

Fenced
Yes

Tenant Pays

None
Yes

Other Structures

Shed(s)
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Golf Course
Yes

Heating

Central
Yes
Window/Wall
Yes

Water View

Intracoastal
Yes

Window Features

Blinds
Yes

Construction Materials

CBS
Yes
Frame
Yes
Mixed
Yes

Laundry Features

Outside
Yes
Washer Hookup
Yes
Dryer Hookup
Yes

Listing Terms

Cash
Yes

Roof

Mixed
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes

Source Of Expenses

Owner Provided
Yes

Boat and Dock Features

Ramp
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes
Text Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

County Only
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Open
Yes

Contingencies

None
Yes

Unit 1 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Interior Features

Walk-In Closet(s)
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Documents

Listing Office: The Corcoran Group
IDX
Last Updated: May - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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