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126 N Palmway, Lake Worth Beach, FL 33460 (MLS# R10282999)

126 N Palmway, Lake Worth Beach, FL 33460

$320,000
Property Type: Residential Income Square Footage: 2,504 Status: Closed
Current Price: $320,000 List Date: 11/11/2016 Last Modified: 5/17/2026

Overview

Description

Very special property in the downtown core area. Just one block from the Intracoastal and a 10-minute walk to the beach, pier and restaurants. The home was previously a separately metered 3-unit building but has since been converted to a 5 bedroom, 3 bath single family home. However, the two units upstairs still have separate entrances. They provide the perfect roommate scenario. Each has a bedroom, living area and bathroom. The first floor main living area has a bedroom, bath, living room, kitchen, Florida room and outside patio. Wood floors are throughout, updated kitchen and bath.

Listing Details MLS# R10282999

General Property Information

Number Of Units Total
3
Property Sub Type
Quadruplex
Building Area Main
2504
Building Area Source
Public Records
Living Area Main
2008
Year Built
1950
Lot Size Area
6752
Lot Size Acres
0.16
Lot Size Dimensions
50.0 ft x 135.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Fencing: Fenced Flooring: Carpet; Wood Property Condition: Resale Tenant Pays: Cable TV Source Of Expenses: Other Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Sidewalks Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Schedule Online; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Covered Unit 1 Appliances: Dishwasher; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
399000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
126
Street Direction Prefix
N
Street Name
Palmway
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF
Area
5600
Geographic Area
PB16
Parcel Number
38434421150320070
Zoning
MF-20(
Directions
Lake Ave east to Palmway then north to property
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
4648.34
Tax Year
2015
Tax Legal Description
TOWN OF LAKE WORTH LT 7 BLK 32

Status Change Information

Major Change Timestamp
2017-05-03T20:25:56Z
Major Change Type
Status Change
Price Change Timestamp
2017-03-25T11:12:54Z
Status Change Date
2017-05-03
Under Contract Date
2017-03-28
Close Date
2017-05-01
Close Price
320000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
No
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
8000
Gross Income
41000
Net Operating Income
33000

Unit 1 Details

Actual Rent
1000
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 1 Parking Details

Carport YN
Yes
Attached Carport YN
Yes

Unit 2 Details

Actual Rent
800
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 2 Parking Details

Carport YN
Yes
Attached Carport YN
Yes

Unit 3 Details

Actual Rent
800
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 3 Parking Details

Carport YN
Yes
Attached Carport YN
Yes

Unit 4 Details

Actual Rent
800
SqFt
500

Price Calculations

Current Price To SqFt
159.36
Original List Price To Close Price
1.24

Originating Details

Originating System Key
20161111215927610439000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Carpet
Yes
Wood
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

None
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

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

View

Garden
Yes

Heating

Central
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Sidewalks
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Showing Requirements

Schedule Online
Yes
See Remarks
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Covered
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Dishwasher
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Illustrated Properties LLC
IDX
Last Updated: May - 17 - 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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