Lake Worth, FL 33460,119 N Palmway
Listed by The Corcoran Group
Bought with Premier Brokers International Inc

$687,500

$775,000

11.3%
Est.Price: ?

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Est. payment /mo

3 Beds

5 Baths

2,834 SqFt


SOLD DATE : 07/28/2017

Key Details

Sold Price $687,500

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,834 sqft

Price per Sqft $242

Subdivision Lake Worth Town Of In Pb 2 Pgs 29 To 40 Inc

MLS Listing ID RX-10298154

Sold Date 07/28/17

Bedrooms 3

Full Baths 5

Construction Status Resale

HOA Y/N No

Year Built 1925

Annual Tax Amount $9,055

Tax Year 2016

Lot Size 6,753 Sqft

Property Description

PALMWAY HOUSE AND STUDIOS CONSISTS OF A CHARMING 3 BEDROOM, 2 BATH MAIN HOUSE, WITH 3 STUDIO APARTMENTS. ALL UNITS ARE CURRENTLY RAN AS A VACATION RENTAL COMPLEX. THE PROPERTY IS BEING SOLD WITH THE WEBSITES AND ANY CURRENT/FUTURE BOOKINGS. THIS IS BEING SOLD AS A TURNKEY BUSINESS, FULLY FURNISHED AND OPERATIONAL. THIS PROPERTY OFFERS MANY OPTIONS TO THE NEW OWNERS. IT IS 1 MILE TO THE PUBLIC BEACH AND POOL, AND JUST STEPS TO ALL THE DOWNTOWN HAS TO OFFER. THE ORIGINAL HOUSE AND COTTAGE WERE BUILT IN 1925. THE STUDIO APARTMENTS, A 2 STORY CBS STRUCTURE WAS ADDED IN THE 1960'S, AND HAS BEEN RENOVATED. THERE IS A REAR ENTRY WITH PARKING, AND A LAUNDRY FACILITY.

Location

State FL

County Palm Beach

Community Palmway House And Studios

Area 5600

Zoning MF30

Interior

Heating Space

Cooling Central, Central Individual, Wall-Win A/C

Flooring Terrazzo Floor, Wood Floor

Exterior

Exterior Feature Exterior W/D Hookup, Open Patio

Community Features Sold As-Is

Utilities Available Cable, Electric, Gas Natural, Public Sewer, Public Water

Amenities Available Bike - Jog, Common Laundry, Golf Course

Waterfront Description None

Water Access Desc Ramp

Roof Type Mixed

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation CBS, Frame, Mixed, Stucco

Construction Status Resale

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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