Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

The Wedgewood poses an incredible opportunity to purchase a unique oasis in the heart of downtown Lake Worth Beach, Florida. The Wedgewood is comprised of eight private villas and a bonus income-producing studio unit, on two parcels, located just two blocks from Lake Avenue and a short mile from the beautiful beaches. It is more fitting to call the units villas, rather than apartments, as they feel like spacious homes, offering dual entrances with private gardens. The property offers a true value-add opportunity to increase rents to market. Additionally, the footprint and location are ideal for vacation rentals. rnPLEASE DO NOT ENTER THE PROPERTY AND DISTURB TENANTS WITHOUT LISITING AGENT PRESENT. GO TO LINKS TO VIEW OM WITH CURRENT AND PRO FORMA FINANCIALS

Features
: Central
: Central Air, Ceiling Fan(s)
: Fenced
: Patio
: 9
: Laundry Facility
: Exterior Lights
: Tile, Wood
: 1/4 To Less Than 1/2 Acre Lot
: Other, Flat Tile
: Public Sewer
Address Details
FL
Palm Beach County
Lake Worth
33460
231 S Palmway
LAKE WORTH TOWN OF
0
Other
: Detached
0
: Community Marina, Community Ramp
: All Cash, Conventional, Exchange
9
: Extra Building/shed
: Gardener, Sewer, Hot Water, Pest Control
1
1
: Quadruplex, Fourplex
$24,658
2022
MF-20 (c

Residential Income For Sale

LAKE WORTH TOWN OF

231 S Palmway, Lake Worth, Florida 33460

7,251 Sqft
$2,900,000
Listing ID #A11253339
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11253339
Price : $2,900,000
Square Footage : 7,251 Sqft
Year Built : 1947
Building Area : 7,251 Sqft
Status : Active
Property SubType : Quadruplex
Contact Agent