Back 1601 S Palmway
Off Market

1601 S Palmway

Lake Worth FL 33460

4
4
2366 sq. ft.
10498 sq. ft.
Single-Family
Last sold for $810,000
Camilo PerezCamilo Perez, last sold this property on 17 March 2025 after 214 days on market.

Overview

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!

Features

4 bedrooms
4 bathrooms
2366 sq. ft. floor area
10498 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lake Worth over the last 12 months, the estimated median property value of 1601 S Palmway is $745k.

Median value
$745k
Estimated value range
$294.9k - $11.25m
Median days on market
53
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Worth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1601 S Palmway

2025
Sold
$810,000
17 Mar 2025 by Camilo Perez, of HOME SOLD REALTY
2019
Sold
$482,000
21 Jun 2019 by Marie Josee Chasles, of KW RESERVE PALM BEACH
2011
Sold
$100,000
22 Apr 2011 by Joseph Fischer, of RE/MAX Direct

Happy sellers in Lake Worth

94%
94% of sellers in Lake Worth reported that their sale price either exceeded or met their price expectations.

Lake Worth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lake Worth over the last 12 months.

Local market activity for 4 bedroom single-family properties in Lake Worth

In the last 12 months, 53 four-bedroom single-family properties similar to 1601 S Palmway, have been sold.

This represents a 16% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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