126 N Palmway #1-3, Lake Worth Beach, FL 33460
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
Listed by: barry frette
Office: william raveis real estate
MLS#:R11142951
Source:RMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$519.29
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.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:R11142951
- Added:45 day(s) ago
- Updated:January 07, 2026 at 04:40 PM
Rooms and interior
- Total bathrooms:4
- Living area:2,200 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central
Structure and exterior
- Roof:Other
- Year built:1950
- Building area:2,200 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$519.29
- Tax amount:$16,967 (2025)
New listings near 126 N Palmway #1-3
$784,990Active3 beds 2 baths1,580 sq. ft.117 Lake Avenue #204, Lake Worth, FL 33460
MLS# R11144186Listed by: ECHO FINE PROPERTIES
$2,300,000Active4 beds 3 baths2,879 sq. ft.1709 N Palmway, Lake Worth, FL 33460
MLS# R11146525Listed by: ILLUSTRATED PROPERTIES LLC (CO- New
$310,000Active2 beds 2 baths1,165 sq. ft.824 S F Street, Lake Worth, FL 33460
MLS# R11150021Listed by: BERKSHIRE HATHAWAY FLORIDA REALTY - New
$149,900Active2 beds 2 baths880 sq. ft.2381 Sunset Avenue #216, Lake Worth, FL 33461
MLS# R11150333Listed by: RAHMAN REALTY - New
$434,500Active3 beds 2 baths1,330 sq. ft.623 S Pine Street, Lake Worth, FL 33460
MLS# R11150385Listed by: VOLANTE REALTY GROUP LLC
$550,000Active-- beds -- baths1,376 sq. ft.1017 M Street, Lake Worth Beach, FL 33460
MLS# F10514650Listed by: VANTASURE REALTY LLC
$390,000Active3 beds 2 baths1,095 sq. ft.501 E Street, Lake Worth Beach, FL 33460
MLS# F10533969Listed by: SUTTER & NUGENT LLC
$660,000Active4 beds 3 baths1,938 sq. ft.808 Wright Drive, Lake Worth, FL 33461
MLS# R11115507Listed by: TRINITY LUXE REALTY INC
$59,000Active1 beds 2 baths894 sq. ft.2811 Garden Drive S #104, Lake Worth Beach, FL 33461
MLS# R11121831Listed by: COASTLINE REALTY, INC.
$549,000Active3 beds 2 baths1,450 sq. ft.217 S Federal Highway, Lake Worth, FL 33460
MLS# R11122290Listed by: LPT REALTY, LLC