Quadruplex in 309 S Palmway, Lake Worth, FL 33460 for sale with MLS# A12116601
Kislak is pleased to present 309 South Palmway, an eight-unit multifamily investment opportunity in the highly desirable Bryant Park neighborhood of Lake Worth Beach, Florida. South Palmway is one of Lake Worth Beach's most sought-after residential streets, prized for its established character, proximity to the Intracoastal Waterway and access to downtown. The property is just one block from Bryant Park and minutes from Downtown Lake Worth Beach and the Atlantic Ocean. The two-story property consists of eight one-bedroom/one-bathroom residences.Recent capital improvements include a new roof, impact-resistant windows and doors, and complete exterior painting. Amenities include private patios and storage sheds for the four first-floor residences, a detached CBS laundry building with coin-operated washer and dryer, and nine designated, lighted on-site parking spaces.The offering provides investors an opportunity to acquire a well-maintained multifamily asset with significant rental upside. Current rents range from $1,400 to $1,615 per month, compared with projected market rents of $1,800 per unit, representing approximately $29,520 in potential additional annual base rental income. The property's premier South Palmway location, recent improvements and rental upside present a compelling investment opportunity in one of Palm Beach County's desirable coastal markets.
309 S Palmway, Lake Worth, FL 33460
- Price:
- $2,000,000.00
- Original List Price:
- $2,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $496.03
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- November 2, 2026 5:00 am
- Living Area:
- 4,032 Sqft
- Built-Up Area:
- 4,032 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 1964
- Roof:
- Flat
- Number of Units Total:
- 1
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile, Laminate
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 1
- Flood Zone Code:
- AE,X
- Property Condition:
- Updated/remodeled
- Tax Annual Amount:
- $25,132.00
- Tax Year:
- 2026
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- LAKE WORTH TOWN OF
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Deposit - Security, Copy Of Lease(s), Financial Statement, Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- TOWN OF LAKE WORTH LT 11 BLK 105
- Real Estate Folio Number (Parcel Number):
- 38434421151050110
- Zoning:
- MF-20 (c
- Elementary School:
- Gulf Gate Elementary
- High School:
- Lake Worth
- Middle Or Junior School:
- Lake Worth
- Active on the market since:
- November 1, 2026
- Listing Agreement executed on:
- November 2, 2026
- Listing Status Last Changed On:
- November 2, 2026 5:00 am
- Photos updated on:
- November 3, 2026 6:35 pm
- Last Modified:
- November 4, 2026 12:03 am
- Courtesy of:
- J.I. Kislak Realty Corp
- Attribution:
- Not provided
- Street Name:
- Palmway
- Street Number:
- 309
- City:
- Lake Worth
- State:
- Florida
- Zip Code:
- 33460
- County:
- Palm Beach
- Latitude:
- N26° 36' 42''
- Longitude:
- W81° 56' 56.8''
- Street Direction Prefix:
- S
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 309 S Palmway, Lake Worth, FL 33460
