Main Content

314 S Palmway 1, Lake Worth Beach, FL 33460 (MLS# R10692996)

314 S Palmway 1, Lake Worth Beach, FL 33460

$525,000
Property Type: Residential Income Square Footage: 2,184 Status: Closed
Current Price: $525,000 List Date: 2/17/2021 Last Modified: 5/22/2026

Overview

Description

Great investor opportunity to purchase 2 single family homes detached on one of the most sought after streets in Lake Worth Beach. Situated just 2 blocks from the intracoastal, Bryant Park and downtown! Front house is a single story 2/1, back house is a two story 2/2. The 2-story has been beautifully remodeled with new white kitchen, new metal roof, tile floors downstairs, wood floors up, new bath, new a/c, new electrical and meter panel. You will fall in love with this charming space. Front house has new electrical panel, meter panel, both homes have washer and dryer hookups. Driveway parking and parking spot in back thru alley for back house. Tenant occupied. This is a MUST SEE!

Listing Details MLS# R10692996

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2184
Building Area Source
Appraiser
Living Area Main
2096
Year Built
1928
Gated Community YN
No
Lot Size Area
6750
Lot Size Acres
0.15
Lot Size Dimensions
50.0 ft x 135.0 ft
Senior Community YN
No
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Electric: Three Phase Fencing: Fenced Flooring: Tile; Wood Property Condition: Resale Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: Concrete Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Metal Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Occupant Details: Tenant Occupied Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Interior Features: Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Contingencies: Appraisal Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
525000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
314
Street Direction Prefix
S
Street Name
Palmway
Unit Number
Yes
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF
Area
5610
Geographic Area
PB16
Parcel Number
38434421151030050
Zoning
MF-20(
Directions
Lake Worth Road to Federal Highway to 2nd Avenue South S to Palmway.

Financial Information

Tax Annual Amount
6231.02
Tax Year
2020
Tax Legal Description
TOWN OF LAKE WORTH LT 5 BLK 103

Status Change Information

Major Change Timestamp
2021-04-20T15:24:06Z
Major Change Type
Status Change
Status Change Date
2021-04-20
Under Contract Date
2021-03-03
Close Date
2021-04-16
Close Price
525000
Buyer Financing
FHA

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
10465.21
Gross Income
28200
Net Operating Income
17734.79

Showing Details

Pet(s) on Premises
Yes

Unit 1 Details

Actual Rent
850
Baths Full
Yes
Furnished
Unfurnished
SqFt
928

Unit 2 Details

Actual Rent
1500
Baths Full
15
Furnished
Unfurnished
SqFt
1168

Unit 2 Parking Details

Carport YN
Yes
Attached Carport YN
No

Price Calculations

Current Price To SqFt
250.47
Original List Price To Close Price
Yes

Originating Details

Originating System Key
20210217115706544320000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Tile
Yes
Wood
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

Concrete
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Roof

Composition
Yes
Metal
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes
Schedule Online
Yes
Text Listing Agent
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Appraisal
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Washer/Dryer Hookups
Yes

Unit 1 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Interior Features

Walk-In Closet(s)
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Kitchen
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: BEX Realty, LLC
IDX
Last Updated: May - 22 - 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.

Skip to content