$1,400,000
- 5 Beds
- 4 Baths
- 2,200 SqFt
- $636/SqFt
House for sale126 N Palmway #1-3, Lake Worth, FL 33460 Turnkey triplex in parrot cove - live downstairs, rent upstairs for income or rent units as airbnb!
Prime location in lake worth beach's coveted parrot cove / historic lucerne district—just half a block to downtown, one block to the intracoastal, and a 10-minute walk to the beach and pier. Fully renovated triplex featuring a 3bd/2ba first-floor residence with private backyard, quartz countertops, stainless/gas-griddle kitchen, impact windows/doors, newer roof, engineered flooring, central hvac, covered patio, bbq area, w/d, 1-car garage, carport + private parking.
Two 1bd/1ba income units upstairs each offer private entrances, w/d, porcelain floors, stainless appliances and dedicated parking—ideal for long-term, seasonal, or airbnb rentals. Walkable coastal lifestyle: boat and jet ski launch nearby, kayak/canoe/paddleboard launch within a few blocks, bryant park for dog owners, shops, cafés and waterfront dining minutes away. The lake worth beach golf club (½ mile away) offers walkable access to an intracoastal-front 18-hole course with clubhouse dining.
Major downtown revitalization includes the 1925 gulfstream hotel restoration, featuring 90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center and a 273-space garage boosting long-term area values.
Adding to the excitement, vanilla ice's upcoming brewery, rooftop bar, speakeasy and pop-culture museum at 1000 lake ave is in development with an anticipated 2026 opening, enhancing the city's entertainment and tourism draw.
Additionally, wmoda (wiener museum of decorative arts) is planning a major mixed-use cultural complex in downtown lake worth beach, including museum space, arts programming and new residential condos further strengthening long-term property values.
Turnkey residence + strong income potential just steps from everything lake worth beach offers.
All information deemed reliable but not guaranteed.