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223-231 S Palmway
Lake Worth, FL 33460
$1,200,000
Closed
21+
$1,200,000
Closed
Bedrooms
Bathrooms
N/A
Half Baths
3,631 
Size Sq. Ft.
DOM
223-231 S Palmway Lake Worth, FL 33460
Beds, Baths, Quad Plex 3,631 Sq.Ft.

THE WEDGEWOOD APARTMENT IS AN AMAZING INCOME PRODUCING COMPOUND CONSISTING OF 8 TOTAL UNITS (4 TWO BEDROOMS ONE BATH AND 4 ONE BEDROOM ONE BATH) WALK INTO THE GATED COURTYARD TO THE METICULOUSLY MAINTAINED YARD/LUSH LANDSCAPING. ALL UNITS WITH SOLID WOOD FLOORS/TILES, ALL UNITS WITH CENTRAL A/CS. BOTH BUILDINGS WITH NEW ROOFS. PER LOCATION, YOU ARE STEPS TO THE INTRACOASTAL WITH A VIEW OF THE INTRACOASTAL FROM THE SE CORNER OF THE BUILDING. WALK TO DOWNTOWN LAKE WORTH AND THE BEACHES! ALL UNITS WITH PRIVATE PATIO, TWO FRONT UNITS ARE FENCED IN AND THE ENTIRE BUILDING IS FENCED IN. TWO STORAGE SHED AND IN HOUSE COIN LAUNDRY. 8% CAP BASED ON CURRENT RENT ROLL WITH EXCELLENT OPPORTUNITY FOR FUTURE RENT INCREASE TO MARKET RATE. (ALL UNITS CURRENTLY RENTING UNDER MARKET). EVERY TENANT IS ON


Listing Summary
  • Address 223-231 S Palmway
  • City Lake Worth
  • County Palm Beach
  • Zip 33460
  • Price $1,200,000 ($330 / SqFt)
  • Status Closed
  • Subdivision Lake Worth Town Of
  • Pets Allowed
  • MLS® # 10501276
  • Property Type Quad Plex
  • Property Sub TypeQuad Plex
  • Status Closed
  • Square Feet 3,631
  • Year Built 1947
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $20,046
  • Tax Year 2018
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223-231 S Palmway
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (10501276) is provided courtesy of (Coastline Realty, Inc.). The information being 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. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media
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