Basic Information

  • MLS # A12116601
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1964
  • Total Sqft 4,032
  • Date Listed 11/03/2026
  • Days on Market 0
Description

Kislak is pleased to present 309 South Palmway, an eight-unit multifamily investment opportunity in the highly desirable Bryant Park neighborhood of Lake Worth Beach, Florida. South Palmway is one of Lake Worth Beach’s most sought-after residential streets, prized for its established character, proximity to the Intracoastal Waterway and access to downtown. The property is just one block from Bryant Park and minutes from Downtown Lake Worth Beach and the Atlantic Ocean. The two-story property consists of eight one-bedroom/one-bathroom residences. Recent capital improvements include a new roof, impact-resistant windows and doors, and complete exterior painting. Amenities include private patios and storage sheds for the four first-floor residences, a detached CBS laundry building with coin-operated washer and dryer, and nine designated, lighted on-site parking spaces. The offering provides investors an opportunity to acquire a well-maintained multifamily asset with significant rental upside. Current rents range from $1,400 to $1,615 per month, compared with projected market rents of $1,800 per unit, representing approximately $29,520 in potential additional annual base rental income. The property's premier South Palmway location, recent improvements and rental upside present a compelling investment opportunity in one of Palm Beach County's desirable coastal markets.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Flat
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 4,032Sq.Ft
  • Cooling Description Central Air
  • Floor Description Laminate, Tile
  • Heating Description Central
  • Sqft 4,032Sq.Ft

Property Features

  • Address 309 S Palmway
  • Aprox. Lot Size 4,032
  • Architectural Style Fourplex
  • City Lake Worth
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Features Flood Zone, Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Lake Worth
  • Public Survey Section Two
  • Public Survey Township 38
  • Roof Flat
  • Sewer Description Public Sewer
  • Stories 2
  • Subdivision Complex
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $25,132
  • Tax Legal desc TOWN OF LAKE WORTH LT 11 BLK 105
  • Tax Year 2026
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

309 S Palmway

Lake Worth, FL 33460

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