About 626 N Palmway
Discover the charm of this meticulously restored 1925 single-family home, a proud recipient of Historic certification. Nestled in Lake Worth Beach, this residence seamlessly blends vintage appeal with modern amenities. Every detail, from the graceful arches to the heart pine floors, reflects a commitment to preserving its historic character. Amenities abound in this thoughtfully renovated home, featuring a Chicago brick driveway, upgraded electrical and plumbing systems, natural gas appliances, and a new roof complemented by solar panels. The property boasts full impact windows, an irrigation system, and even an electric car charging station. The main house offers 3 bedrooms and 3.5 baths, showcasing an open-concept living space highlighted by a cozy fireplace, a dedicatedlaundry room, and ample storage. Additionally, a private guest house with 1 bed, 1 bath, a separate entrance, kitchen, and walk-in closet provides flexibility for extended family or rental income potential.
This unique property caters to investors with the opportunity for daily, seasonal, or annual rental leasing, including an estimated income potential of $3,000 from the guest house alone. Combined with the main residence, the potential income reaches approximately $10,000, boasting an attractive cap rate of around 10%.
Located minutes away from Palm Beach Island, Hypoluxo Island, and Lantana Airport, the home offers convenient access to I-95, the Four Seasons Resort, Lake Worth Casino, numerous golf courses, and the area's finest beaches, restaurants, and shopping destinations.
Additional perks include ample parking for RVs, boats, & room for a private pool, along with pet-friendly accommodations. With its move-in ready condition and unparalleled charm, this property promises not just a home, but peace of mind and endless possibilities.
Single Family home for sale in Lake Worth Beach, FL at 626 N Palmway. This 4 bedroom Single Family home is priced at $3/sqft
