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28 South Palmway, Lake Worth Beach, FL 33460 (MLS# R3085065)

28 South Palmway, Lake Worth Beach, FL 33460

$125,000
Property Type: Residential Income Square Footage: 2,424 Status: Closed
Current Price: $125,000 List Date: 2/05/2010 Last Modified: 5/23/2026

Overview

Description

Bank approval, short sale. This duplex has two apartments. They are both 2 bedroom and 1 bath. There is a pool in the backyard, and a large area to park your vehicles. It is only a block to the intracoastal and just minutes to the beach.

Listing Details MLS# R3085065

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2424
Living Area Main
1804
Year Built
1953
Lot Size Dimensions
50 x 135
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
Yes

Property Features

Association Amenities: None Documents Available: None Electric: Three Phase Flooring: Carpet; Ceramic Tile Special Listing Conditions: Short Sale Tenant Pays: Electricity; Water Source Of Expenses: Other Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; FHA Pool Features: In Ground Possession: Close Of Escrow Restrictions: Other Restrictions Roof: Concrete Tax Information: City/County; County Only Water Access: None Outdoor Living Spaces: Deck; Patio Patio Details: Patio - Screened Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Parking Features: Open Parking Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Open Parking Contingencies: 3rd Party Approval; Inspection; Other Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
169000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
28
Street Name
South Palmway
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
Downtown Lake Worth
Area
5610
Geographic Area
PB16
Parcel Number
38434421150310020
Zoning
R
Directions
This home is located on South Palmway between First ave South and Lake Ave.
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
4382
Tax Year
2009
Tax Legal Description
Town of Lake Worth Lt2 Blk31

Status Change Information

Major Change Timestamp
2010-02-26T21:27:00Z
Major Change Type
Contingency
Status Change Date
2010-05-19
Under Contract Date
2010-04-17
Close Date
2010-05-19
Close Price
125000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Hardship Package
Complete
Short Sale Addendum
Yes

Income and Expenses

Annual Total Expense
9460
Gross Income
22500
Net Operating Income
13040

Unit 1 Details

Actual Rent
925
Baths Full
Yes
Furnished
Unfurnished
SqFt
950

Unit 2 Details

Actual Rent
825
Baths Full
Yes
Furnished
Unfurnished
SqFt
900

Price Calculations

Current Price To SqFt
69.29
Original List Price To Close Price
1.35

Originating Details

Originating System Key
20130214044142802568000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Special Listing Conditions

Short Sale
Yes

Documents Available

None
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Pool Features

In Ground
Yes

Roof

Concrete
Yes

Source Of Expenses

Other
Yes

Cooling

Central Air
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes
County Only
Yes

Outdoor Living Spaces

Deck
Yes
Patio
Yes

Patio Details

Patio - Screened
Yes

Contingencies

3rd Party Approval
Yes
Inspection
Yes
Other
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Preferred Properties Int'l Rea
IDX
Last Updated: May - 23 - 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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