The Wedgewood 223-231 S Palmway is a gated private oasis located within great walkability to downtown Lake Worth and beaches There are 9 units (3) Large 2/1s 1150 sf +/- (5)1/1 and (1) studio. These are not typical units but more like villas as they have private gardens for tenants to enoy as well as a lovely courtyard with gazebo shared amongst the community for tenants to enjoy. In addition there is coin laundry and owners storage. This is a stablized value add opp. where you there is no immedite capex required to increase rents to market. THE PROPERTY IS 100% OCCUPIED, CAN NOT SHOW WITHOUT OFFER. PLEASE SEE OFFERING PACKAGE IN ATTACHMENTS FOR DETAILS.
Sold for $2,330,000 on 04/15/24
$2,330,000
231 S Palmway, Lake Worth, FL 33460
3beds
3baths
7,251sqft
Quadruplex
Built in 1947
-- sqft lot
$1,107,200 Zestimate®
$321/sqft
$2,691 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 16, 2024 at 10:07am
Listed by:
Alexis Shapiro 954-573-4449,
ONE Commercial LLC
Bought with:
Alexis Shapiro, 3346131
ONE Commercial LLC
Source: MIAMI,MLS#: A11545531
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 36,207,251
- Total interior livable area: 7,251 sqft
Property
Parking
- Total spaces: 9
Features
- Stories: 1
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 38434421150970151
- Zoning: MF-20 (c
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Flat Tile
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Lake Worth
- Subdivision: Lake Worth Town Of
Other
Other facts
- Listing terms: All Cash,Conventional
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Estimated market value
$1,107,200