LAKE WORTH TOWN OF ADD 1

1601 S Palmway, FL 33460

4 beds · 4 baths · 2,171 ft²

Closed

$857,545

22.04%

Est. Payment $4,564/mo

MLS Sheet Video

4

Bedrooms

4

Bathrooms

2,171

Sq. Ft.

1957

Year Built

1

Stories

146

Days on Market

Description

Prime Location in South Palm Historic District of Lake Worth Beach! This stunning tropical oasis is perfect for homeowners or investors alike, offering endless possibilities in a NO HOA neighborhood—truly an investor's dream! Whether you're looking for a personal paradise or a lucrative rental, this property has it all. Surrounded by immaculate, lush landscaping, the home boasts a huge saltwater pool with a sun shelf—perfect for relaxing or entertaining. Just a short walk to scenic Intracoastal parks, and minutes from the beach, boat ramps, South Palm Park, fine dining, and boutique shopping, the location adds to its irresistible charm. The property is versatile and can be rented as a whole or easily divided into three separate units. The main house features two master suites, one guest bedroom, three full bathrooms, and two spacious living rooms. The guest house offers flexibilityconvert it into a poolside office, a home gym, or keep it as a private guest suite with its own bathroom and laundry facilities. Enjoy outdoor living with two pergolas for dining, lounging, or even creating a summer kitchen. Double gates provide easy access to a large area perfect for a boat, RV, or your own Corn Hole & Bocce Ball arena. Live in a welcoming community where neighbors get together for holiday festivities, decorating the beautifully landscaped center strip of South Palmway. Whether you prefer walking, biking, or riding your golf cart, this vibrant neighborhood has so much to offer! Financials available for interested investors. Don't miss out on this rare opportunity to own a slice of paradise with incredible rental potential!

Facts

MLS#
R11012356
Subdivision
LAKE WORTH TOWN OF ADD 1
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1957
Lot Size
10,454 ft²
Sq. Ft.
2,171 ft²
Sq. Mt.
202 m²
Price per sq. ft.
$395/ft²
Price per sq. mt.
$4,245/m²
Stories
1
Garage
Pool
Private
Days on Market
146 days
Listed
Aug 14, 2024
Last Updated
Aug 13, 2026
Price/Lot Sq.Ft.
$82/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for ZIP 33460

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

Sellers market

August 2026

100/100
Buyers marketSellers market

23

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).

8/13/2026Sold$857,545
10/13/2024Price change$857,545-22.0%
8/14/2024Listed for sale$1,100,000

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

Estimated Monthly Payment

$5,429/mo

Principal & Interest

$4,564

Property Tax

$715

Insurance

$150

HOA

$0

20% ($171,509)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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