3 months on rocket

626 N Palmway, Lake Worth Beach, FL, 33460

$899,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,169 SqFt
$414/SqFt
House
Schools Nearby

Location

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626 N Palmway, Lake Worth$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Golf Cart, Guest, RV/Boat, Street
Year Built1925
HeatingZoned
CoolingCeiling Fan(s), Central Air
WaterfrontNone
FireplaceFireplace(s)
ViewGarden
MLS #RX-10954896
StatusActive

About 626 N Palmway

This award-winning Historic-certified 1925 single-family home is completely renovated while keeping the integrity of the character arches and heart pine floors. Renovations include a Chicago brick driveway, complete electrical, natural gas appliances, mechanical, plumbing, full impact windows, a new roof, solar panels, an irrigation system, and an electric car charging station. The main house features: 3 Bedrooms, 3.5 baths, open concept living, fireplace, laundry room, and storage area. Guest house features: The 1 bed 1 bath private in-law suite has a separate entrance, driveway, kitchen, and walk-in closet. Investor income: Daily, seasonal, or annual rental leasing is permitted. Guest house income potential $3K, main & guest $10k potential. Cap rate approximately 10%.

Property Details

Property Features

Property Information:

  • Architectural Style: Dup/Tri/Row, Mediterranean, Old Spanish
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,169 SqFt

Listing Office:

  • Office Name: Coastal Realty Group
  • Office Phone: (561) 537-6464
  • Listing Agent: Rachel Sarah Friedman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Gas Range, Refrigerator, Oven, Washer
  • Flooring Type: Terrazzo Floor, Wood Floor
  • Interior: Decorative Fireplace, Entry Lvl Lvng Area, Fireplace(s), Kitchen Island, Pantry, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Fence, Room for Pool, Solar Panels

Parking Information:

  • Parking: 2+ Spaces, Drive - Circular, Golf Cart, Guest, RV/Boat, Street

Virtual/3D Tour

  • Virtual Tour: 626 N Palmway

Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Lake Worth High School, Public Magnet Grades 9-12
  • Lake Worth Middle School, Public Magnet Grades 6-8
  • North Grade Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: From I95 head East to Federal Hwy go South (right), make a left going East onto 6th Ave, and go (left) North onto Palmway. The property is on the right (East).

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $414/SqFt
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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

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Lake Worth, FL

City

Med. Sold Price

$451.2K

Med. Price/SqFt

$272

Avg. Days On Market

46

# of Sold Homes

174

626 N Palmway vs Lake Worth

92 DAYS ON ROCKET

+46 Days

$899,000

+$447.7K More

$414/SqFt

+$142 More

KEY TAKEAWAY

This property is $447.7K more than the Median Sold Price and $142/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10954896

Listing Office:

  • Office Name: Coastal Realty Group
  • Office Phone: (561) 537-6464
  • Listing Agent: Rachel Sarah Friedman

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4626828
6
/10

  • North Grade Elementary School

  • 824 N K St

  • 0.31 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4626829
1
/10

  • Lake Worth Middle School

  • 1300 Barnett Dr

  • 1.41 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4626830
2
/10

  • Lake Worth High School

  • 1701 Lake Worth Rd

  • 1.17 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,452. Most Lake Worth, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 626 N Palmway

What is the listing price of this property?

The listing price of 626 N Palmway property is $899,000.

What type of property is this?

The property 626 N Palmway is a house located in Lake Worth Beach, Florida, 33460.

Is this property for sale now?

Active Listing: 626 N Palmway is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 626 N Palmway are:
North Grade Elementary School: GreatSchools Rating 6/10
Lake Worth Middle School: GreatSchools Rating 1/10
Lake Worth High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 626 N Palmway has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 626 N Palmway is 2,169 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 626 N Palmway is 1925.

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›626 N Palmway

This home is located at 626 N Palmway in Lake Worth Beach, FL and zip code 33460 in the Parrot Cove neighborhood. This 2,169 square foot home was built in 1925. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $899,000.

Over 21 listings were sold over their listed price in April 2024 in Lake Worth, FL. In the same period over 124 listings were sold below the listed price and 29 listings were sold for the listed price. The number of listings in Lake Worth, FL increased by 9.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 46 days, the median list price was $451,281.

From Rocket Homes Real Estate and based on county public records data.

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