$1,400,000

126 N Palmway 1-3, Lake Worth Beach, FL 33460

  • 4 baths |
  • 2,200 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $636/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
November 23, 2025
Data Last Updated:
February 9, 2026 at 4:21PM
Listing Office:
William Raveis Real Estate : 561-576-7085
Listing Agent:
Barry Frette : 954-448-2598
MLS ID:
R11142951
  • Flooring: Ceramic TileVinyl
  • A/C: Central AirElectric
  • Heating: CentralIndividual
  • General: NoneOutdoor Living AreaRoom For Pool
  • Other Structures: PorchPatioCovered
  • Roofing: Other
  • Windows: Storm Window(s)
  • General: BlockConcrete2
  • HOA Amenities: None
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: MF-20TOWN OF LAKE WORTH LT 7 BLK 3238434421150320070
  • View: OtherView
  • Utilities: Natural Gas Available3 Phase
  • Water: Multiple Meters
  • Source: BEACH_BEACH

Presented by Veterans United Realty

This listing courtesy of Barry Frette , William Raveis Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

North Grade K-8 School

824 N K St, Lake Worth Beach, FL, 33460

Grades KG-8

0.62 miles away

N

North Grade K-8 School

824 N K St, Lake Worth Beach, FL, 33460

Grades KG-8

0.62 miles away

L

Lake Worth Community High School

1701 Lake Worth Rd, Lake Worth Beach, FL, 33460

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.