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SoldQuadruplexSold

231 S Palmway

Lake Worth, FL 33460

$2,330,000

  • 7,251Sq Ft
  • $321Per Sq Ft
  • 1947Built
Subdivision
Lake Worth Town Of
County
Palm Beach
MLS®
A11545531

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.

Listing Snapshot

Price
$2,330,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
7,251 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
N/A
Year Built
1947
MLS® Number
A11545531
Status
Sold
Property Tax
$30,586 (2023)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

9 items
Additional Property Use
Investment
Levels
One
Parking Spaces
9
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Total
36,207,251
Style
Fourplex
Utilities
Cable Available
Zoning
MF-20 (c

Interior Features

3 items
Cooling
Central Air
Flooring
Hardwood, Tile, Wood
Heating
Central

Exterior Features

3 items
Construction Details
Block
Pool Features
None
Roof
Flat, Tile

Community Features

2 items
MLS Area
5610
Financing Terms Available
Cash, Conventional

Location

231 S Palmway, Lake Worth, FL 33460 · 5610

$2.9M$1.1M$780K
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Neighborhood & Commute

ZIP Code 33460

Median household income
$56,053
Income per person
$30,946
Households
13,489
Average household size
2.63
Median age
36.8

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed
  3. Price changed to $2,500,000

Friends & Family

Listing courtesy of ONE Commercial LLC (954) 573-4449

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 04:50 PM EST

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