226 S Palmway, Lake Worth Beach, FL 33460 (MLS# B26071411)

226 S Palmway, Lake Worth Beach, FL 33460

$799,000
Property Type: Residential Income Square Footage: 2,140 Status: Active
Current Price: $799,000 List Date: 9/02/2026 Last Modified: 9/27/2026

Overview

Description

Located in one of Lake Worth Beach's most walkable and desirable areas, this turn-key quadplex offers an outstanding blend of location, lifestyle, and income. Just 1 mile from the beach and steps from Lake Avenue's shops and restaurants, the property includes four fully equipped 1-bed, 1-bath units with impact windows, tropical landscaping, and off-street parking for four vehicles. A spacious patio creates an inviting outdoor retreat, while established rental operations generate approximately $127,000 in annual gross revenue.

Listing Details MLS# B26071411

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2140
Building Area Source
Appraiser
Living Area Main
2024
Living Area Source
Appraiser
Accessibility Features YN
No
Year Built
1925
Parking Total
4
Gated Community YN
No
Lot Size Area
5400
Lot Size Acres
0.12
Lot Size Dimensions
40.0 ft x 135.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Pool Private YN
No

Property Features

Documents Available: None Exterior Features: Garden Flooring: Laminate Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Quadruplex Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Window/Wall Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Fruit Tree(s); Room for Pool Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: City Street; East of US-1 Roof: Composition; Mansard Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Blinds; Drapes; Storm Window(s) Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Courtyard Courtyard Details: Courtyard - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Window Coverings Unit 1 Parking Features: On Street; Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Window Coverings Unit 2 Parking Features: On Street; Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: On Street; Open Parking; Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: On Street; Open Parking; Parking Space Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
799000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
226
Street Direction Prefix
S
Street Name
Palmway
Municipality Type
Incorporated
Municipal Code
38
State Or Province
FL
Postal Code
33460
Postal Code +4
4242
Subdivision Name
LAKE WORTH TOWN OF
Area
5610
Geographic Area
PB16
Elementary School
South Grade
Middle Or Junior School
Lake Worth
High School
Lake Worth
Special Assessment YN
No
Parcel Number
38434421150990021
Subdivision Number
15
Zoning
MF-20 (city)
Flood Zone
AE
Directions
From 95: Exit 63, east on 6th Ave S, left on Federal Hwy, right on 3rd Ave S, left on S Palmway, 226 is on the right (look for 4-space parking lot)

Financial Information

Master Association YN
No
Tax Annual Amount
14983.71
Tax Year
2025
Tax Legal Description
TOWN OF LAKE WORTH N 40 FT OF LT 2 BLK 99

Status Change Information

Major Change Timestamp
2026-09-02T15:14:31Z
Major Change Type
New Listing
Status Change Date
2026-09-02

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
4

Income and Expenses

Annual Total Expense
65892
Gross Income
127000

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Complete

Unit 1 Details

Actual Rent
2500
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
600

Unit 1 Lease Description

Currently Leased YN
No

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
2500
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
450

Unit 2 Lease Description

Currently Leased YN
No

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
2500
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
600

Unit 3 Lease Description

Currently Leased YN
No

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Unit 4 Details

Actual Rent
2500
Baths Full
Yes
Furnished
Furnished
SqFt
450

Price Calculations

Current Price To SqFt
394.76

Originating Details

Originating System Key
20260902140329139741000000
Originating System ID
M00000170
IDX
Listing Office: LPT Realty, LLC
Source MLS Verified
Last Updated: September - 27 - 2026
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