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Mediterranean

626 N Palmway

Lake Worth Beach , FL 33460

MLS#: R11046229

$890,000

Status: Closed
Listing number: R11046229
Listing provided by: Coldwell Banker Realty /Delray Beach
Listing agent phone: None
Last update: a month ago
On site: 1 year, 2 months ago
Browse Properties
LAKE WORTH TOWN OF - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

1

Year Built

1925

Sq.Footage

2,169

Discover the charm of this meticulously restored 1925 single-family home, a proud recipient of Historic certification. Nestled in Lake Worth Beach, this residence seamlessly blends vintage appeal with modern amenities. Every detail, from the graceful arches to the heart pine floors, reflects a commitment to preserving its historic character. Amenities abound in this thoughtfully renovated home, featuring a Chicago brick driveway, upgraded electrical and plumbing systems, natural gas appliances, and a new roof complemented by solar panels. The property boasts full impact windows, an irrigation system, and even an electric car charging station. The main house offers 3 bedrooms and 3.5 baths, showcasing an open-concept living space highlighted by a cozy fireplace, a dedicated laundry room, and ample storage. Additionally, a private guest house with 1 bed, 1 bath, a separate entrance, kitchen, and walk-in closet provides flexibility for extended family or rental income potential. This unique property caters to investors with the opportunity for daily, seasonal, or annual rental leasing, including an estimated income potential of $3,000 from the guest house alone. Combined with the main residence, the potential income reaches approximately $10,000, boasting an attractive cap rate of around 10%. Located minutes away from Palm Beach Island, Hypoluxo Island, and Lantana Airport, the home offers convenient access to I-95, the Four Seasons Resort, Lake Worth Casino, numerous golf courses, and the area's finest beaches, restaurants, and shopping destinations. Additional perks include ample parking for RVs, boats, & room for a private pool, along with pet-friendly accommodations. With its move-in ready condition and unparalleled charm, this property promises not just a home, but peace of mind and endless possibilities.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Main Level Bedrooms

    2

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Frame, Stucco

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Mediterranean

Price

  • Sales Price

    $890,000

  • Tax Amount

    $12,861

  • Sq. Footage

    2, 169

  • Price/SqFt

    $410

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

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Palm Beach

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Listing Courtesy of Elyse Duff , Coldwell Banker Realty /Delray Beach

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Ashley Baillio

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Discover the charm of this meticulously restored 1925 single-family home, a proud recipient of Historic certification. Nestled in Lake Worth Beach, this residence seamlessly blends vintage appeal with modern amenities. Every detail, from the graceful arches to the heart pine floors, reflects a commitment to preserving its historic character. Amenities abound in this thoughtfully renovated home, featuring a Chicago brick driveway, upgraded electrical and plumbing systems, natural gas appliances, and a new roof complemented by solar panels. The property boasts full impact windows, an irrigation system, and even an electric car charging station. The main house offers 3 bedrooms and 3.5 baths, showcasing an open-concept living space highlighted by a cozy fireplace, a dedicated laundry room, and ample storage. Additionally, a private guest house with 1 bed, 1 bath, a separate entrance, kitchen, and walk-in closet provides flexibility for extended family or rental income potential. This unique property caters to investors with the opportunity for daily, seasonal, or annual rental leasing, including an estimated income potential of $3,000 from the guest house alone. Combined with the main residence, the potential income reaches approximately $10,000, boasting an attractive cap rate of around 10%. Located minutes away from Palm Beach Island, Hypoluxo Island, and Lantana Airport, the home offers convenient access to I-95, the Four Seasons Resort, Lake Worth Casino, numerous golf courses, and the area's finest beaches, restaurants, and shopping destinations. Additional perks include ample parking for RVs, boats, & room for a private pool, along with pet-friendly accommodations. With its move-in ready condition and unparalleled charm, this property promises not just a home, but peace of mind and endless possibilities.

626 N Palmway

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