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$799,000
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Property 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.
Full Property Details
Full Property Details for 226 S Palmway
General
- Price: $799,000
- Taxes: $14,983 (2025)
- Status: Active
- Type: Multi-Family
- Source: Regional
- MLS ID: B26071411
- Updated: 9/8/2026
- Added to Site: 38 day(s) ago
Interior
- Flooring: Laminate
Exterior
- Exterior Features: Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard, Room For Pool
Parking
- Total Spaces: 4
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)
School Information
- Elementary School: South Grade
- Middle School: Lake Worth
- High School: Lake Worth
Community
- Community Name: 5610
- Units Assoc/Comm: 4
- Pets Allowed: Yes
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
- # Water Meters: 4
- # Electric Meters: 4
Structural Information
- Structure Type: Quadruplex
- Construction: Frame, Stucco
- Roof: Composition, Mansard
- Windows: Blinds, Drapes, Storm Window(s)
- Stories/Levels: 2
- Building Size: 2140
- Square Feet: 2,024
- Sq. Ft. Source: Appraiser
- Living Area: 2,024 Sq. Ft.
- Year Built: 1925
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 40.0 ft x 135.0 ft
- Frontage: City Street
- Lot Features: Fruit Trees, 1/4 Acre
- Zoning: MF-20 (city)
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $14,983.71
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Tenant Pays: None
Disclosures and Reports
- Special Conditions: Standard
- 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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Schools
Schools serving 226 S Palmway
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
South Grade Elementary School 716 S K St, Lake Worth Beach, FL 33460 | PK-5 | 0.5 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1 mi |
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461 | 6-8 | 1.9 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
Date
Details
Price
Change
Source
9/02/2026
Listed
$799,000
21.06%
MLS
5/14/2021
Sold
$660,000
—
Public Record
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
Tax History for 226 S Palmway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,984
8%
$609,331
10%
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 226 S Palmway
226 S Palmway, Lake Worth Beach, FL 33460 (MLS# B26071411) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 226 S Palmway is currently listed for $799,000 and was received on September 02, 2026. Want to learn more about 226 S Palmway? 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.

