Quadruplex in 226 S Palmway, Lake Worth Beach, FL 33460 for sale with MLS# B26071411

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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226 S Palmway, Lake Worth Beach, FL 33460

Price
Price:
$799,000.00
Original List Price:
$799,000.00
List Price per Sq Ft (Calculated, Approx.):
$394.76
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
September 2, 2026 3:14 pm
Measures
Living Area:
2,024 Sqft
Built-Up Area:
2,140 Sqft
Lot Size Dimensions and Info:
40.0 ft x 135.0 ft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Features:
Room For Pool, Fruit Tree(s)
Lot Size Acres:
0.12
Property Features
Waterfront:
No
Exterior:
Courtyard, Garden
Windows:
Blinds, Drapes, Storm Window(s)
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Window/wall
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1925
Roof:
Composition, Mansard
Number of Units Total:
4
Levels:
Two
Construction Materials:
Frame, Stucco
Flooring:
Laminate
Number of stories:
2
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Stories:
2
Road Frontage Type:
City Street, East of US-1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$14,983.71
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LAKE WORTH TOWN OF
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
TOWN OF LAKE WORTH N 40 FT OF LT 2 BLK 99
Real Estate Folio Number (Parcel Number):
38434421150990021
Zoning:
MF-20 (city)
Public Schools Assigned
Elementary School:
Spring Hill Elementary
High School:
Lake Worth
Middle Or Junior School:
Lake Worth
Listing History
Active on the market since:
September 2, 2026
Listing Agreement executed on:
September 2, 2026
Listing Status Last Changed On:
September 2, 2026 3:14 pm
Photos updated on:
September 2, 2026 3:14 pm
Last Modified:
September 2, 2026 4:03 pm
Additional Information
Courtesy of:
LPT Realty, LLC
Attribution:
Not provided
Location
Street Name:
Palmway
Street Number:
226
City:
Lake Worth Beach
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 36' 44.4''
Longitude:
W81° 56' 58.9''
Street Direction Prefix:
S
Property Map

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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
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Association of REALTORS®
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