$2,000,000

309 S PALMWAY, LAKE WORTH, FL 33460

0 baths4,032 sq ft2 to 4 unitsBuilt 1964
Updated today, November 3, 2026

This home against Lake Worth Beach

$496 per sq ft, 39% over the Lake Worth Beach median
3 days on the market
$25,132 in property taxes (2026)

Lake Worth Beach today: 211 homes for sale, median list price $450,000.

About this home

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.

Near this home

Elementary school: Highland Elementary School, 0.5 mi
Middle school: Lake Worth Community Middle, 1.2 mi
High school: Lake Worth High School, 0.6 mi
Park: Lake Worth Beach Art Park, 0.4 mi
Grocery: Publix, 0.1 mi

Distances from the center of LAKE WORTH. Schools are nearest by distance, not an attendance zone.

Listing courtesy of J.I. Kislak Realty Corp. MLS# A12116601.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 31, 2026.

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