Unimproved Land in 502 S Palmway, Lake Worth Beach, FL 33460 for sale with MLS# B26023939

An exceptional opportunity to build an estate on this expansive 121 x 150 corner lot. Ideally positioned with the Intracoastal Waterway just across the street, this premier parcel offers an unparalleled setting for luxury coastal living. Surrounded by multimillion-dollar homes, the property's generous size is perfect for a grand residence with a private outdoor oasis and resort-style amenities. Located just minutes from Palm Beach Island and Downtown West Palm Beach, with pristine beaches nearby, this location offers both exclusivity and convenience. Existing structure is original and being sold as-is. Tenant-occupied month-to-month; do not disturb. No interior access. Structure on Site subject to teardown.

📅 View days on the market

Days on the market

502 S Palmway, Lake Worth Beach, FL 33460

Price
Price:
$950,000.00
Original List Price:
$950,000.00
List Price per Sq Ft (Calculated, Approx.):
$51.93
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
Pending
Special Sale Conditions:
Standard
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Status Change
Last Major Update on:
June 23, 2026 11:07 pm
Measures
Lot Area:
18,295.20 Sqft
Lot Size Dimensions and Info:
121 X 150
Lot Size Acres:
0.42
Property Features
Waterfront:
No
Current Use:
Single Family
Fence:
Back Yard
Property Entrance Faces:
East
Construction
Possible Use:
Single Family
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$5,980.61
Tax Year:
2025
Tax Assessed Value:
$292,324.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
LAKE WORTH TOWN OF ADD 1
Senior Community:
No
Development Status:
See Remarks
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
ADD 1 TO TOWN OF LAKE WORTH LTS 8 & 9 BLK 4
Real Estate Folio Number (Parcel Number):
38434427010040080
Zoning:
SF-R (city)
Public Schools Assigned
Elementary School:
Palm Beach Public
High School:
Lake Worth
Middle Or Junior School:
Lake Worth
Listing History
Active on the market since:
May 4, 2026
Listing Agreement executed on:
May 4, 2026
Purchase Contract Date:
June 23, 2026
Listing Status Last Changed On:
June 23, 2026 11:07 pm
Photos updated on:
May 7, 2026 11:23 am
Last Modified:
August 5, 2026 3:27 am
Additional Information
Courtesy of:
Compass Florida LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Palmway
Street Number:
502
City:
Lake Worth Beach
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 36' 34.6''
Longitude:
W81° 56' 57.5''
Street Direction Prefix:
S
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $61,702
Median Home Value $333,200
Median Rent $1,411/mo
Median Age 36
Population 36,934

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 26 Good
☀️ O3 17 Good
🫁 PM2.5 26 Good
💨 PM10 12 Good
Ver la Propiedad Ver la propiedad 502 S Palmway, Lake Worth Beach, FL 33460
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.