Lake Worth, FL 33460 119 N Palmway

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  • MLS# RX10526323
  • 04/30/2019
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Presented By: Coldwell Banker/Delray Beach
  • Beds • 6
  • Baths • 5
  • SQFT • 2,834
  • Year Built • 1925

Home Details

Palmway House and studios consists of a charming main house with 3 bedroom plus 2 dens that are furnished as bedrooms as well as 3 studio apartments. All units are currently managed as a vacation rental. The units are fully furnished/turnkey. The main house has been built in 1925, the studios were built in 1960. During the last two years, the owner has upgraded some of the electrical and plumbing, a new AC and water heater in the main house. There is a rear entry with parking (4) and a laundry facility. The building is located one mile from the beach in the heart of booming downtown Lake Worth. There is strong rental demand in this prime location, buyer can take over rental agreements for 2020. The property offers lots of upside potential, current owner runs this next to his full time job.
Presented By: Coldwell Banker/Delray Beach

Interior Features for 119 N Palmway

Other Interior Features

CoolingCentral, Central Individual, Wall-Win A/C
HeatingElectric, Space
SqFt - Living2834.00
Total # of Units4
Unit 1 DescCathed/Vault Ceiling, Dishwasher, Dryer, Kitchen, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector
Unit 2 DescA/C Unit, Dishwasher, Kitchen, Range - Electric, Refrigerator, Screened Porch, Window Cover
Unit 2 InfoEfficiency
Unit 3 DescA/C Unit, Dishwasher, Kitchen, Patio, Smoke Detector, Window Cover
Unit 3 InfoEfficiency
Unit 4 DescA/C Unit, Dishwasher, Kitchen, Patio, Range - Electric, Smoke Detector, Window Cover
Unit 4 InfoEfficiency
UtilitiesElectric, Public Water

General for 119 N Palmway

Adult 55+No Hopa
Area5600
AuctionNo
ConstructionCBS, Frame, Mixed, Stucco
Elementary SchoolNorth Grade Elementary School
FlooringTile, Wood Floor
Geo AreaPB16
Geo Lat26.61713
Geo Lon-80.050678
HOANone
HOA/POA/COA (Monthly)0.00
High SchoolLake Worth High School
Legal DescriptionTOWN OF LAKE WORTH LT 12 BLK 30
Maintenance Fee InclNone
Middle SchoolLake Worth Community Middle
PossessionAt Closing
Property TypeB
REONo
RestrictLease OK
Short SaleNo
Source of ExpensesOwner
Special InfoSold As-Is
StatusActive
SubdivisionLake Worth town of
Tax Year2018
Taxes$11,303
Tenant PaysNone
Terms ConsideredCash, Conventional
TypeQuad Plex
Year Built1925
ZoningMULTI-FAMILY

Exterior for 119 N Palmway

Carport Spaces0.00
Exterior FeaturesCovered Patio, Open Balcony, Open Patio, Screen Porch, Screened Balcony
Lot Description< 1/4 Acre, East of US-1, Public Road, Sidewalks
Lot DimensionsFrontage: 50 ft Depth: 135 ft
Number of Garage Spaces0.00
Private Pool Y/NNo
RoofMixed
Subdiv AmenitiesBike - Jog, Common Laundry, Golf Course
Unit 1 ParkingSpace Parking
Unit 2 ParkingSpace Parking
Unit 3 ParkingSpace Parking
Unit 4 ParkingSpace Parking
ViewGarden
WaterfrontNone

Additional Details

Price History

Schools

High School Lake Worth High School
Elementary School North Grade Elementary School
Middle School Lake Worth Community Middle

Mona Hamburger

Sales Associate
Price $849,000
MLS#RX10526323
List Date 04/30/2019
Property Type Multi-Family
Phone 561.573.3146
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