309 S Palmway, Lake Worth, FL 33460
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: alexis shapiro
Office: j.i. kislak realty corp305-364-4215
MLS#:A12116601
Source:SEFMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$496.03
About this home
Kislak is pleased to present 309 South Palmway, an eight-unit multifamily investment opportunity in the highly desirable Bryant Park neighborhood of Lake Worth Beach, Florida. South Palmway is one of Lake Worth Beach’s most sought-after residential streets, prized for its established character, proximity to the Intracoastal Waterway and access to downtown. The property is just one block from Bryant Park and minutes from Downtown Lake Worth Beach and the Atlantic Ocean. The two-story property consists of eight one-bedroom/one-bathroom residences.
Recent capital improvements include a new roof, impact-resistant windows and doors, and complete exterior painting. Amenities include private patios and storage sheds for the four first-floor residences, a detached CBS laundry building with coin-operated washer and dryer, and nine designated, lighted on-site parking spaces.
The offering provides investors an opportunity to acquire a well-maintained multifamily asset with significant rental upside. Current rents range from $1,400 to $1,615 per month, compared with projected market rents of $1,800 per unit, representing approximately $29,520 in potential additional annual base rental income. The property's premier South Palmway location, recent improvements and rental upside present a compelling investment opportunity in one of Palm Beach County's desirable coastal markets....
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Home facts
- Year built:1964
- Subdivision & Development:LAKE WORTH TOWN OF
- Listing ID #:A12116601
- Updated:November 06, 2026 at 11:06 AM
Rooms and interior
- Flooring:Tile
- Living area:4,032 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1964
- Building area:4,032 sq. ft.
- Lot Features:Flood Zone
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$496.03
- Tax amount:$25,132 (2026)
Parking
- Total parking spaces:9
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