309 S Palmway, Lake Worth FL 33460 | Palm Beach County | A12116601
  • $2,000,000

Description

Kislak is pleased to present 309 South Palmway, an eight-unit multifamily investment opportunity in the highly desirable Bryant Park neighborhood of Lake Worth Beach, Florida. South Palmway is one of Lake Worth Beach’s most sought-after residential streets, prized for its established character, proximity to the Intracoastal Waterway and access to downtown. The property is just one block from Bryant Park and minutes from Downtown Lake Worth Beach and the Atlantic Ocean. The two-story property consists of eight one-bedroom/one-bathroom residences.

Recent capital improvements include a new roof, impact-resistant windows and doors, and complete exterior painting. Amenities include private patios and storage sheds for the four first-floor residences, a detached CBS laundry building with coin-operated washer and dryer, and nine designated, lighted on-site parking spaces.

The offering provides investors an opportunity to acquire a well-maintained multifamily asset with significant rental upside. Current rents range from $1,400 to $1,615 per month, compared with projected market rents of $1,800 per unit, representing approximately $29,520 in potential additional annual base rental income. The property’s premier South Palmway location, recent improvements and rental upside present a compelling investment opportunity in one of Palm Beach County’s desirable coastal markets.

Have a question about this Lake Worth listing?

Talk directly with Christopher Lazaro, your Lake Worth real estate advisor. No pressure — real answers.

This listing is courtesy of J.I. Kislak Realty Corp.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: Palmway
  • City: Lake Worth
  • Zip/Postal Code: 33460

Details

Updated on November 8, 2026 at 11:41 am
  • Property ID A12116601
  • Price $2,000,000
  • Property Size 4032 Sq Ft
  • Year Built 1964
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2026
  • Flooring Tile
  • Building LAKE WORTH TOWN OF
  • Listing Terms All Cash, Conventional
  • Area Lake Worth Town Of
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Fourplex
  • Private Pool No
  • Structure Type Quadruplex, Fourplex
  • Subdivision LAKE WORTH TOWN OF
  • Annual Tax 25132
  • Year Built Details Effective Year Built
  • Building Area 4032
  • Lot Size (Sq Ft) 0
  • Flood Zone AE,X
  • New Construction No
  • Construction Concrete Block Construction
  • Association Type None

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
✉