Lake Worth Beach, FL·For Sale
126 N Palmway 1-3
Offered at
$1,400,000
126 N Palmway 1-3, Lake Worth Beach, FL 33460
- 0
- Beds
- 4
- Full Baths
- 2,200
- Sq.Ft.
Listing courtesy of Barry Frette, William Raveis Real Estate
Property Description
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
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Triplex
- Address
- 126 N Palmway 1-3, Lake Worth Beach, FL 33460
- Zoning
- MF-20
- MLS ID
- R11142951
- Listing Date
- 2025-11-18
- Last Updated
- 3/17/2026, 7:59:45 PM
- Days on Market
- 160
- Subdivision
- LAKE WORTH TOWN OF
- Stories
- 2
Features & Amenities
The Details
Interior
- Flooring
- Ceramic Tile, Vinyl
- Windows
- Storm Window(s)
Exterior
- Construction
- Concrete, CBS
- Exterior Features
- None, Courtyard
- Patio & Porch
- Patio - Covered, Porch - Open, Patio, Porch
- Water Source
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
- Cooling
- Electric, Central Individual
- Heating
- Central Individual
Details
- Building Area
- 2,696 sq.ft.
- Lot Size
- 6,750 sq.ft.
- Lot Size (Acres)
- 0.15 acres
- Subdivision
- LAKE WORTH TOWN OF
- Stories
- 2
- Year Built
- 1950
- View
- Other
- County
- Palm Beach
- Zoning
- MF-20
Financial
- List Price
- $1,400,000
- Original List Price
- $1,400,000
- Annual Tax
- $16,967/yr
- Tax Year
- 2025
Location
Inquire
Request a Private Showing
Similar Properties
Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.