626 N Palmway, Lake Worth Beach, FL 33460 (MLS# RX-10954896)


$899,000
626 N Palmway
Lake Worth Beach, FL 33460
MLS# RX-10954896
4 beds  |  3.1 baths  |  2169 sqft


626 N Palmway, Lake Worth Beach, FL 33460
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Property Description
This award-winning Historic-certified 1925 single-family home is completely renovated while keeping the integrity of the character arches and heart pine floors. Renovations include a Chicago brick driveway, complete electrical, natural gas appliances, mechanical, plumbing, full impact windows, a new roof, solar panels, an irrigation system, and an electric car charging station. The main house features: 3 Bedrooms, 3.5 baths, open concept living, fireplace, laundry room, and storage area. Guest house features: The 1 bed 1 bath private in-law suite has a separate entrance, driveway, kitchen, and walk-in closet. Investor income: Daily, seasonal, or annual rental leasing is permitted. Guest house income potential $3K, main & guest $10k potential. Cap rate approximately 10%.

Details
Maps
Contract Information
Listing Date: 2024-01-30
Status: Active
Original List Price: 950000
Auction: No
List Price: $899,000
Current Price: $899,000
List Price/SqFt: 414.47
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 2
Total Bedrooms: 4
Main Level Bathrooms: 2
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Property Condition: Resale
Year Built: 1925
SqFt - Total: 2489
SqFt - Living: 2169
SqFt Source: Tax Rolls
Guest House: Yes
Gated Community: No
Open Parking Spaces: 6
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: From I95 head East to Federal Hwy go South (right), make a left going East onto 6th Ave, and go (left) North onto Palmway. The property is on the right (East).
Subdivision: LAKE WORTH BEACH
Development Name: LAKE WORTH BEACH
Legal Desc: TOWN OF LAKE WORTH LT 7 BLK 166
Lot SqFt: 6752
Waterfront: No
Front Exp: West
Private Pool: No
Spa: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Total Units in Bldg: 2
Location, Tax & Legal
Area: 5600
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434421151660070
Street #: 626
Street Dir: N
Street Name: Palmway
State/Province: FL
Zip Code: 33460
Zoning: SFR
Tax Year: 2023
Taxes: 4719.29
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Geo Lat: 26.623451
Geo Lon: -80.049943
Office/Member Info
DXORIGMLNO: RX-10954896
DXORIGMLSID: RML
Lease Info
Min Days to Lease: 1
Lease Times p/Year: 365
Storm Protection
Impact Glass: Complete
Property Features
Design: Dup/Tri/Row; Mediterranean; Old Spanish
Unit Desc: Multi-Level
Construction: Block; Stucco
View: Garden
Waterfront Details: None
Lot Description: East of US-1; < 1/4 Acre; Paved Road
Exterior Features: Fence; Room for Pool; Solar Panels
Interior Features: Decorative Fireplace; Entry Lvl Lvng Area; Fireplace(s); Kitchen Island; Pantry; Walk-in Closet
Master Bedroom/Bath: 2 Master Suites; Mstr Bdrm - Ground; Mstr Bdrm - Sitting; Mstr Bdrm - Upstairs
Furnished: Furniture Negotiable; Unfurnished
Rooms: Cottage; Family; Laundry-Inside; Maid/In-Law
Parking: 2+ Spaces; Drive - Circular; Golf Cart; Guest; RV/Boat; Street
Subdiv. Amenities: Sidewalks
Restrict: Daily Rentals OK; Lease OK
Membership: No Membership Avail
Flooring: Terrazzo Floor; Wood Floor
Heating: Central Building; Zoned
Cooling: Ceiling Fan; Central Building
Equip/Appl Included: Dishwasher; Disposal; Dryer; Freezer; Microwave; Range - Gas; Refrigerator; Wall Oven; Washer
Dining Area: Dining Family; Dining-Living; Dining/Kitchen; Eat-In Kitchen
Roof: Barrel; S-Tile
Guest House: 1 Bath; 1 Bedrooms; Kitchen; Living Room
Boat Services: Up to 20 Ft Boat; Up to 30 Ft Boat; Up to 40 Ft Boat
Terms Considered: Cash; Conventional; Owner Financing; Seller Financing; VA
Utilities: Gas Natural; Public Sewer; Public Water
Window Treatments: Hurricane Windows; Impact Glass
Special Info: Sold As-Is
Taxes: City/County
Possession: At Closing; Quick Closing
Showing Instructions: Text Listing Agent
Supplements
Great for Air BnB! It is located in Lake Worth Beach. Minutes to: Palm Beach Island, Hypoluxo Island, Lantana Airport, I95, Four Seasons Resort, Lake Worth Casino, numerous golf courses, the beach, and restaurants/ shopping. RV, boat, truck, and commercial vehicle parking is allowed. Pets allowed. This home is move-in ready and offers peace of mind!
Room Information
Room Name Length Width Length Level Width
Living Room30.0030.0030.00Main30.00
Kitchen15.0015.0015.00Main15.00
Master Bedroom15.0015.0015.00Main15.00

Listing Office: Coastal Realty Group

Last Updated: April - 17 - 2024

626 N Palmway, Lake Worth Beach, FL 33460 - MLS# RX-10954896
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Broker Attribution: 561-556-6168