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

Abv Grd Liv Area 16

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 No

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

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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