13
$2,000,000 Sale
Listed 6 hours ago
309 S Palmway
· 0
· 0
· 9
· 4032
Key Facts
Key facts for 309 S Palmway
Property Type
Apartment, Unspecified
Parking
Unspecified , 9 parking
MLS #
A12116601
Size
4032 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$25,132 /yr
Days on Market
-
Year Built
1964
Maintenance Fee
-
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, prox...imity 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., Directions:
Similar Properties (No results)
Courtesy of: J.I. Kislak Realty Corp

Copyright 2026 BeachesMLS, Inc.

To submit a request for a takedown notice per the Digital Millennium Copyright Act (the "DMCA") for any listing please see these guidelines and follow the instructions provided.