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  • $1,072,200

    119 N Palmway, Lake Worth, FL 33460

    8beds
    3,000sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $1,072,200 Zestimate®
    $357/sqft
    $2,609 Estimated rent

    Home value

    $1,072,200

    $976,000 - $1.18M

    $2,609/mo

    Zestimate® history
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    $7,427/mo

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    $7,427/mo

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    What's special

    PALMWAY HOUSE AND STUDIOS CONSISTS OF A CHARMING 4 BEDROOM, 2 BATH MAIN HOUSE, WITH 3 STUDIO APARTMENTS. ALL UNITS ARE CURRENTLY RAN AS A VACATION RENTAL COMPLEX. THE PROPERTY COMES WITH THE WEBSITES AND ANY CURRENT/FUTURE BOOKINGS. THIS IS A TURNKEY BUSINESS, FULLY FURNISHED AND OPERATIONAL. THIS PROPERTY OFFERS MANY OPTIONS. IT IS 1 MILE TO THE PUBLIC BEACH AND POOL, AND JUST STEPS TO ALL THE DOWNTOWN HAS TO OFFER. THE ORIGINAL HOUSE AND STUDIO APARTMENT WERE BUILT IN 1925. THE OTHER 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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Other, Electric, Gas
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Common Area
    Features
    • Kitchen, Cathed/Vault Ceiling
    • Flooring: Hardwood, Laminate
    • Windows: Window Cover
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Off-street, On-street
    Features
    • Patio & porch: Patio, Screened Porch, Covered Patio, Screen Porch, Open Patio
    • Exterior features: Shingle, Stucco, Wood, Cement / Concrete, Composition
    • Has view: Yes
    • View description: City
    Lot
    • Size: 6,752 Square Feet
    • Features: < 1/4 Acre, East of US-1
    Details
    • Parcel number: 38434421150300120
    • Zoning: Multi-Family
    • Special conditions: Sold As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1925

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Smoke Detector
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $839,084
    • Annual tax amount: $20,247

    Price history

    DateEventPrice
    9/13/2021Sold$805,000-2.4%$268/sqft
    Source: MIAMI #A11029617 Report a problem
    8/12/2021Pending sale$825,000$275/sqft
    Source: MIAMI #A11029617 Report a problem
    6/14/2021Contingent$825,000$275/sqft
    Source: MIAMI #A11029617 Report a problem
    4/20/2021Listed for sale$825,000-2.8%$275/sqft
    Source: MIAMI #A11029617 Report a problem
    4/30/2020Listing removed$849,000$283/sqft
    Source: Coldwell Banker Realty - Delray Beach #RX-10526323 Report a problem
    5/1/2019Listed for sale$849,000+23.5%$283/sqft
    Source: Coldwell Banker/Delray Beach #RX-10526323 Report a problem
    7/28/2017Sold$687,500-11.3%$229/sqft
    Source: BeachesMLS #R10298154 Report a problem
    1/12/2017Listed for sale$775,000+59.8%$258/sqft
    Source: The Corcoran Group #RX-10298154 Report a problem
    7/3/2015Sold$485,000-2%$162/sqft
    Source: BeachesMLS #R10115123 Report a problem
    1/24/2015Listed for sale$495,000+6.5%$165/sqft
    Source: The Corcoran Group #9035 Report a problem
    6/28/2014Listing removed$465,000$155/sqft
    Source: Lang Realty, Inc. #RX-10025167 Report a problem
    2/4/2014Listed for rent$1,700+3%$1/sqft
    Source: Chris S Report a problem
    4/25/2013Listed for sale$465,000-15.3%$155/sqft
    Source: Corcoran Real Estate - Palm Beach Report a problem
    12/7/2012Listing removed$1,650$1/sqft
    Source: Illustrated Properties #R3313772 Report a problem
    10/2/2012Listed for rent$1,650$1/sqft
    Source: Illustrated Properties #R3313772 Report a problem
    6/26/2009Listing removed$549,000$183/sqft
    Source: Corcoran #4851 Report a problem
    4/19/2009Price change$549,000-7.6%$183/sqft
    Source: Corcoran #09-581 Report a problem
    2/27/2009Listed for sale$594,000+10%$198/sqft
    Source: Corcoran #09-581 Report a problem
    11/15/2005Sold$540,000+66.2%$180/sqft
    Source: Public Record Report a problem
    9/4/2002Sold$325,000+44.4%$108/sqft
    Source: Public Record Report a problem
    9/1/1999Sold$225,000+73.1%$75/sqft
    Source: Public Record Report a problem
    11/1/1995Sold$130,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,247 +1.6%$839,084 +5.6%
    2024$19,936 +9.6%$794,840 +10%
    2023$18,182 +9.1%$722,582 +10%
    2022$16,672 +44.4%$656,893 +57%
    2021$11,544 -6.4%$418,318 -6.9%
    2020$12,333 -0.9%$449,104 -0.5%
    2019$12,443 $451,388 +9.4%
    2018$12,443 +10.1%$412,716 +23.5%
    2017$11,303 +19.1%$334,057 +4.6%
    2016$9,487 +4.8%$319,438 +17.4%
    2015$9,056 +13.2%$272,143 +10%
    2014$8,001 +12.1%$247,403 +10%
    2013$7,137 +27.4%$224,912 +11.4%
    2012$5,601 -0.3%$201,845 +27.7%
    2010$5,615 $158,049 -37.5%
    2005-- $252,928 +40.5%
    2004$3,020 +718.6%$180,000
    2003$369 -92.8%$180,000
    2002$5,149 -3.9%$180,000
    2001$5,358 +209.3%$180,000 +94.1%
    1999$1,732 $92,723
    Find assessor info on the county website

    Neighborhood: Parrot Cove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Grade Elementary School
    • Middle: Lake Worth Community Middle
    • High: Lake Worth High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,072,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,072,200