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231 S Palmway

Lake Worth, FL 33460
  • $2,900,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: A11253339
UPDATED: 40 min ago
$2,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,251
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

The Wedgewood poses an incredible opportunity to purchase a unique oasis in the heart of downtown Lake Worth Beach, Florida. The Wedgewood is comprised of eight private villas and a bonus income-producing studio unit, on two parcels, located just two blocks from Lake Avenue and a short mile from the beautiful beaches. It is more fitting to call the units villas, rather than apartments, as they feel like spacious homes, offering dual entrances with private gardens. The property offers a true value-add opportunity to increase rents to market. Additionally, the footprint and location are ideal for vacation rentals. PLEASE DO NOT ENTER THE PROPERTY AND DISTURB TENANTS WITHOUT LISITING AGENT PRESENT. GO TO LINKS TO VIEW OM WITH CURRENT AND PRO FORMA FINANCIALS

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-10-07T06:54:08.883.
www.ewm.com/homes/131944528
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231 S Palmway Lake Worth, FL 33460

  • Price: $2,900,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 40 min ago
  • MLS #: A11253339
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,251
SQFT
$400
$/SQFT
1947
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Town Of
Property Description
The Wedgewood poses an incredible opportunity to purchase a unique oasis in the heart of downtown Lake Worth Beach, Florida. The Wedgewood is comprised of eight private villas and a bonus income-producing studio unit, on two parcels, located just two blocks from Lake Avenue and a short mile from the beautiful beaches. It is more fitting to call the units villas, rather than apartments, as they feel like spacious homes, offering dual entrances with private gardens. The property offers a true value-add opportunity to increase rents to market. Additionally, the footprint and location are ideal for vacation rentals. PLEASE DO NOT ENTER THE PROPERTY AND DISTURB TENANTS WITHOUT LISITING AGENT PRESENT. GO TO LINKS TO VIEW OM WITH CURRENT AND PRO FORMA FINANCIALS
Exterior Features

Architectural Style Detached Construction Materials Concrete Block Construction Exterior Features Exterior Lights Fencing Fence Inclusions Community MarinaCommunity Ramp Lot Features 1/4 To Less Than 1/2 Acre Lot Other Structures Extra Building/Shed Parking Total 9 Patio And Porch Features Patio Pool Private YN No Roof Flat TileOther View YN No Waterfront YN No

Interior Features

Building Area Total 7251 Building Features Laundry Facility Cooling Ceiling Fan(S)Central Air Flooring TileWood Heating Central Heating YN Yes Stories 1

Property Features

Association YN No Building Name Lake Worth Town Of Cooling YN Yes Documents Available Deposit - Last Months RentDeposit - SecurityCopy Of Lease(S)Rent Rolls Horse YN No Listing Terms All CashConventionalExchange New Construction YN No Property Sub Type Quadruplex Public Survey Section 21 Rent Includes Hot WaterGardenerPest ControlSewer Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 24658 Tax Year 2022 Year Built Details Resale Zoning Mf-20 (C

Listing courtesy of One Commercial Llc: 305-666-0562.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-10-07T06:54:08.883.
 
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Berkshire Hathaway HomeServices EWM Realty
201 Alhambra Circle #1060
Coral Gables FL, 33134