$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 5 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:
May 12, 2026 at 3:21AM
Listing Office:
William Raveis Real Estate : 561-956-8552
Listing Agent:
Barry Frette : 954-448-2598
MLS ID:
R11142951
  • Flooring: Ceramic TileVinyl
  • A/C: Central AirElectric
  • Heating: CentralIndividual
  • General: CourtyardNoneOutdoor Living AreaRoom For Pool
  • Other Structures: PorchPatioCovered
  • Roofing: Other
  • Windows: Storm Window(s)
  • General: BlockConcrete2
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: MF-20TOWN OF LAKE WORTH LT 7 BLK 3238434421150320070
  • View: OtherView
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected3 Phase
  • Water: Multiple MetersPublic
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

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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