1421 S Palmway, Lake Worth, FL 33460 — MLS photo

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1421 S Palmway, Lake Worth, FL 33460

Active · SingleFamilyResidence

$649,950

1421 S Palmway, Lake Worth, FL 33460

Beds
3
Baths
3
Living area
2,515 sq ft
$ / sq ft
$258/sq ft
Year built
1962
Lot size
7,500 sq ft
HOA fee
—
Annual tax
$12,299

About this property

Location truly sets this one apart. Just one block from the Intracoastal, minutes to the beach, and only a few blocks to a waterfront park with kayak launch and windsurfing access. You’re also close to the shops and restaurants that make Lake Worth Beach so vibrant. The layout is designed with privacy in mind, featuring two oversized primary bedrooms on opposite sides of the home with the kitchen centrally positioned. Character details throughout include terrazzo floors, a fireplace, barn doors, and a spacious eat-in kitchen. Step outside to a solar-heated pool surrounded by lush tropical landscaping, creating a private outdoor retreat. Easy to show. Click on showing time.

Property location

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1421 S Palmway, Lake Worth, FL 33460

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,515 sq ft
Flooring
Hardwood, Terrazzo, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Entrance Foyer, Eat In Kitchen, Fireplace, Living Dining Room, Main Level Primary, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1962
Lot size
7,500 sq ft
Architectural style
Detached, One Story
Roof
Other
Construction
Block
Exterior features
Fence
Pool
In Ground, Pool
View
Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Driveway, Detached, Garage

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$12,299
Subdivision
LAKE WORTH TOWN OF ADD 1
County
Palm Beach
Days on market
193
MLS listing ID
A12006757
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,197

Cap rate
7.9%
Net yield
7.9%
Cash-on-cash return
7.9%
Gross yield
11.7%
Mortgage payment
$3,081/mo
Down payment
$162,488
Loan amount
$487,463
Annual NOI
$51,342

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.