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1601 S Palmway, Lake Worth Beach, FL – $857,545

  • 4 Beds
  • 4 Baths
  • 2,171 Sqft
  • .24 Acres
  • 4 Beds
  • 4 Baths
  • 2,171 Sqft
  • .24 Acres

1601 S Palmway

Prime Location in South Palm Historic District of Lake Worth Beach! This stunning tropical oasis is perfect for homeowners or investors alike, offering endless possibilities in a NO HOA neighborhood--truly an investor's dream! Whether you're looking for a personal paradise or a lucrative rental, this property has it all. Surrounded by immaculate, lush landscaping, the home boasts a huge saltwater pool with a sun shelf--perfect for relaxing or entertaining. Just a short walk to scenic Intracoastal parks, and minutes from the beach, boat ramps, South Palm Park, fine dining, and boutique shopping, the location adds to its irresistible charm. The property is versatile and can be rented as a whole or easily divided into three separate units.The main house features two master suites, one guest bedroom, three full bathrooms, and two spacious living rooms. The guest house offers flexibilityconvert it into a poolside office, a home gym, or keep it as a private guest suite with its own bathroom and laundry facilities. Enjoy outdoor living with two pergolas for dining, lounging, or even creating a summer kitchen. Double gates provide easy access to a large area perfect for a boat, RV, or your own Corn Hole & Bocce Ball arena. Live in a welcoming community where neighbors get together for holiday festivities, decorating the beautifully landscaped center strip of South Palmway. Whether you prefer walking, biking, or riding your golf cart, this vibrant neighborhood has so much to offer! Financials available for interested investors. Don't miss out on this rare opportunity to own a slice of paradise with incredible rental potential!

Essential Information

  • MLS® #RX-11012356
  • Price$857,545
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,171
  • Acres0.24
  • Year Built1957
  • TypeResidential
  • Sub-TypeSingle Family Homes
  • StatusActive

Community Information

  • Address1601 S Palmway
  • Area5640
  • SubdivisionLAKE WORTH TOWN OF ADD 1
  • CityLake Worth Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33460

Amenities

  • AmenitiesNone
  • Parking2+ Spaces, Driveway, RV/Boat
  • WaterfrontOne Fixed Bridge
  • Has PoolYes

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water, Gas Natural, Lake Worth Drain Dis

Pool

Inground, Salt Water, Equipment Included

Interior

  • HeatingCentral, Electric, No Heat
  • CoolingCeiling Fan, Central, Electric
  • # of Stories1
  • Stories1.00

Interior Features

Built-in Shelves, Walk-in Closet, Custom Mirror

Appliances

Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range - Gas, Refrigerator, Smoke Detector, Storm Shutters, Washer, Water Heater - Gas, Hookup

Exterior

  • Lot DescriptionEast of US-1
  • RoofComp Shingle
  • ConstructionBlock, CBS, Frame/Stucco

Exterior Features

Auto Sprinkler, Covered Patio, Fence, Shutters, Outdoor Shower, Deck, Well Sprinkler, Extra Building

Windows

Blinds, Drapes, Single Hung Metal, Double Hung Metal

School Information

  • ElementaryBarton Elementary School
  • MiddleLantana Middle School
  • HighLake Worth High School

Additional Information

  • Listing Courtesy ofHome Sold Realty LLC
  • Date ListedAugust 14th, 2024
  • ZoningSF-R(c
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Price Change History for 1601 S Palmway, Lake Worth Beach, FL (MLS® #RX-11012356)

Date Details Change
Price Reduced from $899,000 to $857,545 $41,455 (4.61%)
Price Reduced from $989,000 to $899,000 $90,000 (9.10%)
Price Reduced from $999,000 to $989,000 $10,000 (1.00%)
Price Reduced from $1,050,000 to $999,000 $51,000 (4.86%)
Price Reduced from $1,100,000 to $1,050,000 $50,000 (4.55%)

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