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Multifamily in Lake Worth Beach, FL 33460Lake Worth Town, 231 S Palmway
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OFF MARKET
$2,900,000
Beds
7,251
SqFt$400
$/SqFtPremium Multifamily
Built in 1947
Fourplex
Fence
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
MLS Number: A11253339
On Site: 1502 Days
Updated: 1502 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Fence, Lighting, Patio, Shed
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Tile,Wood
- Year Built: 1947
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-08-08T12:22:35.563-00:00
Taxes, Fees & More
- Taxes: 24658
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
08/08/2022
Listed
$2.9M
$400 ft2
$4,305 m2
08/08/2022
$2.9M
Event
Listed
Price Per
$400 ft2
$4,305 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alexis Shapiro • ONE Commercial LLC • Buyer Agency Compensation .
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Scores
67
100
95
100
73
100
1
100
34
100
8
100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors
Lake Worth Beach Premium Premium Homes & Condos
- Blackwell Park House1
- Gulfstream Condo0
- Ixora Gardens House0
- Kenwood Mixed0
- Lake Clarke South House0
- Lake Clarke Terrace House2
- Lake Osborne Heights House1
- Lake Osborne Hills House0
- Lake Osborne Manor House0
- Lake Osborne Park Mixed0
- Lake Worth Beach No HOA House1
- Lake Worth Heights House2
- Lake Worth Town Mixed50
- Lakeview Heights Mixed0
- North Lake Worth House7
- Northwest Park Heights House0
- Palm Beach Farms Mixed1
- Palm Beach Ranchettes House1
- Park Towers Condo0
- Seminole Manor House0
- The Lucerne Condo1
- The One Luxury Condo0
- Whispering Palms House1
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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