Modern Living Group
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$899,000ACTIVE

Unit 1 · 226 S Palmway 1, Lake Worth Beach, FL 33460

beds4baths2,024sq ft$444/ sq ft
THE RESIDENCE

About this home

Located in one of Lake Worth Beach's most walkable and desirable areas, this turn-key quadplex offers an outstanding blend of location, lifestyle, and income. Just 1 mile from the beach and steps from Lake Avenue's shops and restaurants, the property includes four fully equipped 1-bed, 1-bath units with impact windows, tropical landscaping, and off-street parking for four vehicles. A spacious patio creates an inviting outdoor retreat, while established rental operations generate approximately $127,000 in annual gross revenue.

THE DETAILS

Property details

List Price$899,000
Price / Unit$224,750
Units4
Gross Income$127,000/yr
Inside Sq Ft2,024
Year Built1925
ConstructionFrame, Stucco
FlooringLaminate
ZoningMF-20
Lot Dimensions40.0 ft x 135.0 ft
Property TypeQuadruplex
MLS #R11152490
StatusActive
Original List Price$899,000
GRM7.1
Tenant PaysOwner pays all utilities
Stories2
Lot Size0.12 acres
Show all details (5 more)
WaterfrontNo
Days on Market166
Annual Taxes$14,984
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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