$1,400,000 ($636.36 per sqft)

Est. Mortgage $6,536/mo *

Quick Pre-Approval

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

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

5 rooms

5 beds

4 Full baths

1950

Other, Key West

2,200 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside

Zoning:

MF-20(

Subdivision:

LAKE WORTH TOWN OF

Garage:

1-car Attached

Heating:

Electric, Central Individual

Cooling:

Ceiling Fan(s), Electric, Central Individual

Levels:

2

Parking:

Attached Carport, Assigned, On Street, Garage, Attached Garage

Lot Size:

50.0 ft x 135.0 ft

Acreage:

0.15

Est. Taxes:

$16,967

Construction

Concrete, Stucco, CBS

Utilities

Sewer Available, Water Available

View Description:

Other

Amenities:

None

Elementary School:

North Grade K-8

Middle School:

Lake Worth

High School:

Lake Worth

Days on Market:

96

Pet Policy:

Yes, No Restrictions

Appliances:

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

MLS #:

RX-11142987


Community Info

School Info

Walk Score

Yelp