FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$1,400,000165 days on marketActive
126 N Palmway 1-3, Lake Worth Beach, FL 33460
Lake Worth Beach, FL 33460
5
Beds
4
Baths
2,200
Sq Ft
$636
$/Sq Ft
1950
Year Built
1 car
Garage
0.15 acres
Lot Size

Listing Snapshot

List Price$1,400,000
Price / Sq Ft$636
Beds5
Baths4
Living Area2,200 sqft
Lot Size0.15 acres
Year Built1950
Property Tax$16,967/yr
MLS #1146979355
StatusActive
Days on Market165

About This Home

Turnkey Triplex in Parrot Cove - Live Downstairs, Rent Upstairs for Income or Rent Units as Airbnb! Prime location in Lake Worth Beach's coveted Parrot Cove / Historic Lucerne District—just half a block to downtown, one block to the Intracoastal, and a 10-minute walk to the beach and pier. Fully renovated triplex featuring a 3BD/2BA first-floor residence with private backyard, quartz countertops, stainless/gas-griddle kitchen, impact windows/doors, newer roof, engineered flooring, central HVAC, covered patio, BBQ area, W/D, 1-car garage, carport + private parking. Two 1BD/1BA income units upstairs each offer private entrances, W/D, porcelain floors, stainless appliances and dedicated parking—ideal for long-term, seasonal, or Airbnb rentals. Walkable coastal lifestyle: boat and jet ski launch nearby, kayak/canoe/paddleboard launch within a few blocks, Bryant Park for dog owners, shops, cafés and waterfront dining minutes away. The Lake Worth Beach Golf Club (½ mile away) offers walkable access to an Intracoastal-front 18-hole course with clubhouse dining. Major downtown revitalization includes the 1925 Gulfstream Hotel restoration, featuring 90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center and a 273-space garage boosting long-term area values. Adding to the excitement, Vanilla Ice's upcoming brewery, rooftop bar, speakeasy and pop-culture museum at 1000 Lake Ave is in development with an anticipated 2026 opening, enhancing the city's entertainment and tourism draw. Additionally, WMODA (Wiener Museum of Decorative Arts) is planning a major mixed-use cultural complex in downtown Lake Worth Beach, including museum space, arts programming and new residential condos further strengthening long-term property values. Turnkey residence + strong income potential just steps from everything Lake Worth Beach offers. All information deemed reliable but not guaranteed.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Florida,Other
Stories
2
Direction Faces
West
Attached Garage
Yes
Garage Spaces
1
Parking Spaces
6
Parking
AttachedCarport,Assigned,Attached,Carport,Garage,OnStreet
Foundation
Block
Zoning
MF-20(
Security
None
Utilities
CableAvailable,ElectricityConnected,NaturalGasAvailable,SewerAvailable,WaterAvailable
Subdivision
LAKE WORTH TOWN OF

Interior Features

Appliances
Dryer,Dishwasher,ElectricWaterHeater,GasRange,IceMaker,Microwave,Refrigerator,WaterHeater,Washer
Flooring
CeramicTile,Laminate
Heating
Central,Electric,Individual
Cooling
CentralAir,CeilingFans,Electric
Interior Features
BreakfastArea,LivingDiningRoom,MainLevelPrimary,None
Laundry
Inside
Window Features
StormWindows
Furnished
Unfurnished

Exterior Features

Construction
Block,Concrete,Stucco
Exterior Features
Lighting,OutdoorLivingArea,Storage
Roof
Composition,Shingle
Lot Features
Landscaped,SprinklersAutomatic,SprinklerSystem,LessThanQuarterAcre
Patio / Porch
Covered,Patio
Fencing
Fenced
Pool
No
View
Other
Waterfront
No
Waterfront Features
None

Community Features

MLS Area
5600

Schools

ElementaryNorth Grade K-8
MiddleLake Worth
HighLake Worth

Map

Virtual Tour

View Virtual Tour
Listed by Barry Frette · William Raveis Real Estate
MLS# 1146979355 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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