226 S Palmway 1 Lake Worth Beach, FL $ 899,000
226 S Palmway 1
$ 899,000
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226 S Palmway 1

Lake Worth Beach, FL, 33460
$ 899,000
Baths4.0 Sq 2,024

Monthly Estimate*

$ 5,535

226 S Palmway 1, Lake Worth Beach, FL 33460 - Image 1
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Studio Multi-Family Home for sale in Lake Worth Beach, FL for $899,000 with 4 full baths. This 2,024 square foot home was built in 1925 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,983

Style

Lot Size

0.12

Year Built

1925

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

R11152490

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Roof Composition Mansard
Construction Materials Frame Stucco
Pets Allowed No Pet Restrictions Yes
Year Built 1925
Tenant Pays None
Stories Count 2
Levels Two
Unit Number 1
Property Subtype Quadruplex
Tax Year 2025
Gross Income 127000
Waterfront Features None
County Palm Beach
New Construction false
Property Type Residential Income
Subdivision Name LAKE WORTH TOWN OF
Status Active
Directions From 95: Exit 63 east on 6th Ave S left on Federal Hwy right on 3rd Ave S left on S Palmway 226 is on the right (look for 4-space parking lot)
City Lake Worth Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5610
Tax Annual Amount 14983.7
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/226-S-Palmway-1-Lake-Worth-Beach-FL-33460/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description TOWN OF LAKE WORTH N 40 FT OF LT 2 BLK 99
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Total Baths 4
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Exterior
Exterior Amenities Garden Room For Pool
Lot Features Fruit Trees < 1/4 Acre
Water Source Multiple Meters Public
Total Parking 4
Lot Size Area 5400
Building Area Total 2140
Lot Dimensions 40.0 ft x 135.0 ft
Lot Size Acres 0.12
Waterfront Y/N false
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* Excluded Features
List By
John Moran

Listing Agent

Affordability Calculator

$6,784
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$1,249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/15/2026 $899,000 Listed Price

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226 S Palmway 1, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $899,000 with 2,024 sqft and a lot size of 0.12. 226 S Palmway 1 is a studio with 4.0 baths and was built in 1925. The property's zip code is 33460 which is in Lake Worth Beach, FL