126 N Palmway #1-3, Lake Worth Beach, FL 33460
126 N Palmway #1-3, Lake Worth Beach, FL 33460
126 N Palmway #1-3, Lake Worth Beach, FL 33460
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$1,400,000
Est. payment /mo
4 Baths
2,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $636

Subdivision Lake Worth Town Of

MLS Listing ID R11142951

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 2200

Year Built 1950

Annual Tax Amount $16,967

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Property Description

Turnkey Triplex in Parrot Cove - Live Downstairs, Rent Upstairs for Income or Rent Units as Airbnb! Prime location in Lake Worth Beach's coveted Parrot Cove / Historic Lucerne District—just half a block to downtown, one block to the Intracoastal, and a 10-minute walk to the beach and pier. Fully renovated triplex featuring a 3BD/2BA first-floor residence with private backyard, quartz countertops, stainless/gas-griddle kitchen, impact windows/doors, newer roof, engineered flooring, central HVAC, covered patio, BBQ area, W/D, 1-car garage, carport + private parking. Two 1BD/1BA income units upstairs each offer private entrances, W/D, porcelain floors, stainless appliances and dedicated parking—ideal for long-term, seasonal, or Airbnb rentals. Walkable coastal lifestyle: boat and jet ski launch nearby, kayak/canoe/paddleboard launch within a few blocks, Bryant Park for dog owners, shops, cafés and waterfront dining minutes away. The Lake Worth Beach Golf Club (½ mile away) offers walkable access to an Intracoastal-front 18-hole course with clubhouse dining. Major downtown revitalization includes the 1925 Gulfstream Hotel restoration, featuring 90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center and a 273-space garage boosting long-term area values. Adding to the excitement, Vanilla Ice's upcoming brewery, rooftop bar, speakeasy and pop-culture museum at 1000 Lake Ave is in development with an anticipated 2026 opening, enhancing the city's entertainment and tourism draw. Additionally, WMODA (Wiener Museum of Decorative Arts) is planning a major mixed-use cultural complex in downtown Lake Worth Beach, including museum space, arts programming and new residential condos further strengthening long-term property values. Turnkey residence + strong income potential just steps from everything Lake Worth Beach offers. All information deemed reliable but not guaranteed.

Location

State FL

County Palm Beach

Area 5600

Zoning MF-20

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air, Electric

Flooring Ceramic Tile, Vinyl

Fireplace No

Window Features Storm Window(s)

Exterior

Exterior Feature Courtyard, None, Outdoor Living Area, Room For Pool

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Multiple Meters,Public

View Other

Roof Type Other

Porch Covered, Patio, Porch

Private Pool No

Building

Lot Description Sprinklers Automatic, < 1/4 Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories Two

Structure Type Block,Concrete

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools North Grade K-8

Middle Schools Lake Worth

High Schools Lake Worth

Others

Senior Community No

Restrictions No Restrictions

Tax ID 38434421150320070

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

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BeachesMLS, Inc. (FLR) IDX
Listed by Barry Frette William Raveis Real Estate

Nearby School & Business

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Alan Brandfon

Alan Brandfon

+1(561) 212-8808

REALTOR® | License ID: 3261084

REALTOR® License ID: 3261084

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