126 N Palmway 1-3, Lake Worth Beach, FL 33460For Sale
$1,400,000
5beds4.00baths2200sqft

126 N Palmway 1-3, Lake Worth Beach, FL 33460

MLS#: R11142987
Single Family Residence
Built in 1950
0.1500 acre lot
$636/sqft
123 days on market
$16,967/yr tax

What's special

Turnkey Triplex in Parrot Cove - Live Downstairs, Rent Upstairs for Income or Rent Units as Airbnb! Prime location in Lake Worth Beach's coveted Parrot Cove / Historic Lucerne District—just half a block to downtown, one block to the Intracoastal, and a 10-minute walk to the beach and pier. Fully renovated triplex featuring a 3BD/2BA first-floor residence with private backyard, quartz countertops, stainless/gas-griddle kitchen, impact windows/doors, newer roof, engineered flooring, central HVAC, covered patio, BBQ area, W/D, 1-car garage, carport + private parking. Two 1BD/1BA income units upstairs each offer private entrances, W/D, porcelain floors, stainless appliances and dedicated parking—ideal for long-term, seasonal, or Airbnb rentals. Walkable coastal lifestyle: boat and jet ski launch nearby, kayak/canoe/paddleboard launch within a few blocks, Bryant Park for dog owners, shops, cafés and waterfront dining minutes away. The Lake Worth Beach Golf Club (½ mile away) offers walkable access to an Intracoastal-front 18-hole course with clubhouse dining. Major downtown revitalization includes the 1925 Gulfstream Hotel restoration, featuring 90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center and a 273-space garage boosting long-term area values. Adding to the excitement, Vanilla Ice's upcoming brewery, rooftop bar, speakeasy and pop-culture museum at 1000 Lake Ave is in development with an anticipated 2026 opening, enhancing the city's entertainment and tourism draw. Additionally, WMODA (Wiener Museum of Decorative Arts) is planning a major mixed-use cultural complex in downtown Lake Worth Beach, including museum space, arts programming and new residential condos further strengthening long-term property values. Turnkey residence + strong income potential just steps from everything Lake Worth Beach offers. All information deemed reliable but not guaranteed.

123 days on Horizon Palm

Listing office: William Raveis Real Estate · MLS#: R11142987


Map

126 N Palmway 1-3, Lake Worth Beach, FL 33460


Facts & features

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4.00

Heating

Heating: Central, Electric, Individual

Cooling

Cooling: Central Air, Ceiling Fans, Electric

Appliances

Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer

Features

Interior features: Breakfast Area, Living Dining Room, Main Level Primary, None
Flooring: Ceramic Tile, Laminate
Window features: Storm Windows
Laundry: Inside

Interior area

Total interior livable area: 2200 sqft

Room dimensions

Kitchen: 12 X 9 (Main)
Laundry
Living Room: 30 X 12 (Main)
Primary Bedroom: 13 X 11 (Main)
Utility Room

Parking

Garage spaces: 1.00
Parking features: Attached Carport, Assigned, Attached, Carport, Garage, On Street

Features

Stories: 2.00
View: Other
Exterior features: Lighting, Outdoor Living Area, Storage
Fencing: Fenced
Patio & porch: Covered, Patio
Waterfront features: None
Window features: Storm Windows

Lot

Lot size: 0.1500 Acres
Lot features: Landscaped, Sprinklers Automatic, Sprinkler System, Less Than Quarter Acre

Details

Parcel number: 38434421150320070
Zoning: MF-20(

Type & style

Home type: Single Family Residence

Materials

Construction materials: Block, Concrete, Stucco
Foundation: Block
Roof: Composition, Shingle

Condition

Year built: 1950

Community

Subdivision: Lake Worth Town Of

Utilities

Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Sewer: Public Sewer

Details

Price/sqft: $636
Annual taxes: $16, 967 (2025)
Date on market: 11/23/2025
Days on market: 123
Listing terms: Cash, Conventional
Listing agent: Barry Frette
Listing office: William Raveis Real Estate
MLS ID: R11142987

Price history

For Sale

2025-11-23T05:00:00.000Z · William Raveis Real Estate

$1,400,000

$636/sqft

Payment calculator

$1,564/mo
Principal & interest
$0
Property taxes
$1,414
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Lake Worth Beach

Lake Worth Beach, FLPalm Beach County33460
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StellarMLS / Beaches MLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on 2026-03-27 at 9:06 pm

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