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226 S Palmway, Lake Worth Beach, FL 33460 (MLS# R3322005)

226 S Palmway, Lake Worth Beach, FL 33460

$206,000
Property Type: Residential Income Square Footage: 2,140 Status: Closed
Current Price: $206,000 List Date: 11/02/2012 Last Modified: 5/30/2026

Overview

Description

Great investment property, east of Federal, close to downtown Lake Worth and the beach. Rent were the rents from last season, the property is not currently rented. 4 units, with parking, 2, 2 bedrooms, and 2, 1 bedrooms.

Listing Details MLS# R3322005

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2140
Living Area Main
2024
Year Built
1925
Lot Size Dimensions
50x135
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No
LP/Assessed Value
1.8

Property Features

Association Amenities: None Documents Available: None Electric: Three Phase Flooring: Ceramic Tile Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional Lot Features: Interior Lot; Sidewalks Possession: Close Of Escrow Restrictions: No Restrictions Roof: Tar/Gravel Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: No Fixed Bridge Water Source: Public Waterfront Features: No Fixed Bridges Showing Requirements: Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Parking Features: Parking Space Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
200000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
226
Street Direction Prefix
S
Street Name
Palmway
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
Lake Worth Town
Area
5610
Geographic Area
PB16
Parcel Number
38434421150990021
Zoning
Mf30
Directions
I95 to 6th Ave S, east to Palmway, north to property on right

Financial Information

Tax Annual Amount
3666
Tax Year
2011
Tax Assessed/SOH Value
111397
Tax Legal Description
Lake Worth Town Lot:2 Blk:99

Status Change Information

Major Change Timestamp
2012-11-02T05:00:01Z
Major Change Type
New Listing
Status Change Date
2012-11-29
Under Contract Date
2012-11-19
Close Date
2012-11-29
Close Price
206000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
6000
Gross Income
38400
Net Operating Income
32400

Unit 1 Details

Actual Rent
850
Baths Full
Yes
Furnished
Unfurnished
SqFt
600

Unit 2 Details

Actual Rent
700
Baths Full
Yes
Furnished
Unfurnished
SqFt
400

Unit 3 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
600
Actual Rent
0

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
400
Actual Rent
0

Price Calculations

Current Price To SqFt
101.77
Original List Price To Close Price
0.97

Originating Details

Originating System Key
20130214045132664703000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes

Special Information

Sold As-Is
Yes

Documents Available

None
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Other
Yes

Water Access

No Fixed Bridge
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Interior Lot
Yes
Sidewalks
Yes

Roof

Tar/Gravel
Yes

Water Source

Public
Yes

Waterfront Features

No Fixed Bridges
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Covered
Yes
Patio - Open
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: The Corcoran Group
IDX
Last Updated: May - 30 - 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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