502 S Palmway

Lake Worth Beach, FL
$ 950,000 Beds 5 Baths 4.5 Sq 2,829 Virtual Tour
Monthly Estimate* How much can I afford?

An exceptional opportunity to build an estate on this expansive 121 x 150 corner lot. Ideally positioned with the Intracoastal Waterway just across the street, this premier parcel offers an unparalleled setting for luxury coastal living. Surrounded by multimillion-dollar homes, the property's generous size is perfect for a grand residence with a private outdoor oasis and resort-style amenities. Located just minutes from Palm Beach Island and Downtown West Palm Beach, with pristine beaches nearby, this location offers both exclusivity and convenience. Existing structure is original and being sold as-is. Tenant-occupied month-to-month; do not disturb. No interior access.

Pending

  • Price
  • $ 950,000
  • City
  • Lake Worth Beach
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • Palm Beach
  • Half Bathrooms
  • 1
  • Area
  • 5610
  • Lot Size
  • 0.42 Acres
  • Zip
  • 33460
  • Sqr Footage
  • 2,829
  • Year Built
  • 1952
  • Taxes
  • $ 5980
  • Style
  • MLS#
  • B26023895
Listed By: Compass Florida LLC
Data Source: Beaches MLS (FL)

Features

General

Membership Required false
Sewer Public Sewer
Heating Central
Cooling Central Air,Ceiling Fan(s)
Utilities Sewer Available,Water Available
Possession Close Of Escrow
Roof Concrete,Tile
Appliances Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Washer
Garage Spaces 2
Patio/Porch Features Open,Patio,Porch,Balcony
Architectural Style Other
Pool Features In Ground,Pool Equipment
Security Features Security System,Smoke Detector(s)
Construction Materials Block
Pets Allowed No Pet Restrictions,Yes
Year Built 1952
View Intercoastal,Other
Stories Count 2
Levels Multi/Split,Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features Sidewalks
Accessibility None
County Palm Beach
New Construction false
Property Type Residential
Attached Garage true
Contingency Appraisal,Backup Contract/Call LA
Subdivision Name LAKE WORTH TOWN OF ADD 1
Facing Direction East
Garage Y/N true
Full Baths 4
Status Pending
Directions 6th Avenue East then Left on S Palm Way its the last house on the right.
High School Lake Worth
City Lake Worth Beach
Senior Community Y/N false
MLS Area 5610
Carport Y/N false
Elementary School South Grade
Tax Annual Amount 5980.61
Middle/Junior High School Lake Worth
Property Condition Resale
MLS Area Minor PB16
Standard Status Pending
Property Sub Type Additional Single Family Residence
PostalCity Lake Worth Beach
Legal Description ADD 1 TO TOWN OF LAKE WORTH LTS 8 & 9 BLK 4

Interior Features

Interior Amenities Attic,Built-in Features,Breakfast Area,Dual Sinks,Entrance Foyer,Family/Dining Room,Main Level Primary,Pull Down Attic Stairs,Sitting Area in Primary,Split Bedrooms,Tub Shower,Walk-In Closet(s)
Flooring Wood
Furnished Y/N Negotiable
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Drapes
Fireplace Y/N false
Half Baths 1
Laundry Features Washer Hookup,Inside,Laundry Closet,Laundry Tub
Total Bedrooms 5
Main Level Bedrooms 4
Main Level Bathrooms 5
Total Baths 5

Exterior Features

Private Pool true
Exterior Amenities Balcony,Outdoor Living Area
Fencing Fenced
Parking Features Attached,Garage,Open,On Street
Lot Features Sprinklers Automatic
Water Source Public
Total Parking 2
Lot Size Area 18150
Building Area Total 3573
Lot Size Acres 0.42
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lake Worth, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School South Grade Elementary School
Middle School Lake Worth Middle School
High School Lake Worth High School

Price History

5/4/2026 Listed $950,000

Property vs Zip Code Average in 33460

Price
AVG $550K
$950K
Taxes
AVG $5,586
$5,980
Year Built
AVG 1956
1952

Areas That We Cover

502 S Palmway Lake Worth Beach, FL is a Single Family Home for sale at $950000 with 2829 sqft and a lot size of 0.42 Acres Acre(s). 502 S Palmway Lake Worth Beach has 5 bedrooms, 4 baths and was built in 1952. The property's zip code is 33460 which is in Lake Worth Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.