LAKE WORTH TOWN OF ADD 1

512 S Palmway, FL 33460

3 beds · 2 baths · 1,084 ft²

Closed

$7,000

Est. Payment $37/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,084

Sq. Ft.

1914

Year Built

Stories

Days on Market

Description

Welcome to Lake Worth Beach! This 1914 coastal classic cottage has 3 bedrooms and 2 full bathrooms. The home is truly to the time period! Sit in the morning on the large deck with porch swing. Then go relax in the beautiful backyard with lush landscaping, a deck for entertaining and tropical pool landscape. This cottage is featured in the Cottages of Lake Worth book and the brand-new mural on L street. Walking distance to Bryant Park, intracoastal, restaurants, art galleries and nightlife. Only 10 minutes to Palm Beach PBIA airport, 15 minutes to Delray Beach's Atlantic Ave and 1 mile to the beach! Tenant to pay electric, sewer, water and 13% bed tax. Would consider small dog under 25 lbs. Internet included. Come live where the Tropics begin! Available January, February, March of 2024!

Facts

MLS#: R10870357
Subdivision: LAKE WORTH TOWN OF ADD 1
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1914
Lot Size: 0 sqft
Sq. Ft.: 1,084 ft²
Sq. Mt.: 101 m²
Price per sq. ft.: $6/ft²
Price per sq. mt.: $69/m²
Stories: 2
Garage: —
Pool: Private
Days on Market: 48 days
Listed: Mar 2, 2023
Last Updated: Jun 29, 2026
Price/Lot Sq.Ft.: —

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Market insights for ZIP 33460

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/29/2026	Sold	$7,000
3/2/2023	Listed for sale	$7,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$23,333

gross income / month to qualify

Monthly rent$7,000

Required annual income$280,000

Security deposit (est.)$7,000

Move-in cost (1st + last + security)$21,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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