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$899,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.12 Acres
  • Updated 8 days ago
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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 $114,000 in annual gross revenue.

Full Property Details for 226 S Palmway #1

General

  • Price: $899,000
  • Taxes: $14,983 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: R11152490
  • Updated: 3/26/2026
  • Added to Site: 86 day(s) ago

Interior

  • Flooring: Laminate

Additional Information

  • Shared Amenities: None

Exterior

  • Exterior Features: Room For Pool

Location

  • County: Palm Beach
  • Subdivision: LAKE WORTH TOWN OF
  • Driving 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)

Community

  • Community Name: 5610
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Multiple Meters, Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Available, Water Available

Structural Information

  • Structure Type: Quadruplex
  • Construction: Frame, Stucco
  • Roof: Composition, Mansard
  • Windows: Storm Window(s)
  • Stories/Levels: 2
  • Building Size: 2140
  • Square Feet: 2,024
  • Living Area: 2,024 Sq. Ft.
  • Year Built: 1925
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227.2
  • Lot Dimensions: 40.0 ft x 135.0 ft
  • Lot Features: Fruit Trees, 1/4 Acre
  • Zoning: MF-20

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $14,983.7
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA
  • Tenant Pays: Common Area Maintenance, Cable TV, Electricity, Insurance, None, Repairs, Sewer, Taxes, Water

Disclosures and Reports

  • Legal Description: TOWN OF LAKE WORTH N 40 FT OF LT 2 BLK 99
  • Property ID: 38434421150990021

Listed by LPT Realty, LLC

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Listing agent

— 226 S Palmway #1 —

  • LPT Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 226 S Palmway #1

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.5 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-121 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-81.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 226 S Palmway #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Listed
$899,000
36.21%
MLS
5/14/2021
Sold
$660,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 226 S Palmway #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,991
8%
$632,569
14%
2024
$13,902
-5%
$553,937
-6%
2023
$14,559
83%
$586,279
96%
2021
$7,942
-44%
$299,573
-46%
2022
$14,097
77%
$558,331
55%
2021
$7,942
-2%
$359,065
26%
2019
$8,127
13%
$283,868
10%
2018
$7,167
13%
$258,062
10%
2017
$6,369
4%
$234,602
3%
2016
$6,150
2%
$227,976
5%
2015
$6,044
5%
$217,561
9%
2014
$5,734
1%
$199,100
—
2013
$5,692
—
$199,940
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by LPT Realty, LLC

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226 S Palmway #1, Lake Worth Beach, FL 33460 (MLS# R11152490) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 226 S Palmway #1 is currently listed for $899,000 and was received on January 08, 2026. Want to learn more about 226 S Palmway #1? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.

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