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231 S Palmway, Lake Worth FL 33460

Multi-family Recently Sold
$2,330,000

BTC: 37.70226537

ETH: 1,334.47880871

Sold on: 2024-04-15
8 days
Waterfront
0 room(s)
7,251 sqft

Overview

The Wedgewood 223-231 S Palmway is a gated private oasis located within great walkability to downtown Lake Worth and beaches There are 9 units (3) Large 2/1s 1150 sf +/- (5)1/1 and (1) studio. These are not typical units but more like villas as they have private gardens for tenants to enoy as well as a lovely courtyard with gazebo shared amongst the community for tenants to enjoy. In addition there is coin laundry and owners storage. This is a stablized value add opp. where you there is no immedite capex required to increase rents to market. THE PROPERTY IS 100% OCCUPIED, CAN NOT SHOW WITHOUT OFFER. PLEASE SEE OFFERING PACKAGE IN ATTACHMENTS FOR DETAILS.

Location

Florida • Lake Worth • 33460 • Multi-family • Recently Sold • Waterfront

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Central
Price/sqft:
$345
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $370K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$30,586
2023
Waterfront
Yes
Parking
9 spaces
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 38434421150970151

    • Zoning: MF-20 (c

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $30,586

  • Source details

    • MLS ID: A11545531

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Attached

    • Waterfront: Yes

    • Living Area: 7251

    • Subdivision Name: LAKE WORTH TOWN OF

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33460
29
median $380K
Active
Same city
Lake Worth
112
median $480K
Active
Same type
Multi-family
7
median $730K
Active
Similar price
$1.8M – $3.2M
9
median $2.7M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ONE Commercial LLC