


502 S Palmway, Lake Worth Beach, FL 33460
- Beds
- 5
- Baths
- 5
- Sqft
- 2,829
- Home type
- Single Family Residence
- Year built
- 1952
- Lot size
- 18,295 sqft
- Price / sqft
- $336
- HOA
- $0/mo
- Community
- LAKE WORTH TOWN OF ADD 1
Property description
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.
Listing activity
- Days on market
- 50
- Listed
- May 4, 2026
- MLS listing updated
- Sep 14, 2026
- Feed last checked
- 9 minutes ago
Listed by Seth Benkaddour · Compass Florida LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 5
- Bathrooms
- 5
- Bathrooms (decimal)
- 4.5
- Full bathrooms
- 4
- Half bathrooms
- 1
- Main-level bedrooms
- 4
- Main-level bathrooms
- 5
Rooms & features
- Rooms
- 14
- Interior features
- Bedroom Layout - Split, Built-in Features, Entrance Foyer, Pull Down Stairs, Upstairs Living Area, Walk-In Closet(s)
- Flooring
- Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry
- Inside, Laundry Closet, Laundry Tub, Washer Hookup
- Fireplace
- No
- Furnished
- Negotiable
- Window features
- Blinds, Drapes
Heating & cooling
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
Property
Parking
- Garage spaces
- 2
- Garage
- Yes
- Carport
- No
- Parking spaces
- 2
- Covered spaces
- 2
- Parking features
- Attached Garage, Garage, On Street, Open
- Attached garage
- Yes
Exterior
- Stories
- 2
- Building area
- 3,573 sqft
- Patio & porch
- Porch - Open, Patio - Open, Porch, Patio
- Exterior features
- Balcony
- Fencing
- Fenced
- Pool
- Yes
- Pool features
- Equipment Included, In Ground
- View
- Intracoastal, Other
- Waterfront
- None
- Waterfront property
- No
Lot
- Lot size
- 18,295 sqft
- Lot size (acres)
- 0.42 acres
- Lot features
- Sidewalks
- Zoning
- SF-R (city)
- Road surface
- Paved
- Road frontage
- East of US-1
Construction
Type & style
- Home type
- Single Family Residence
- Structure type
- House
- Architectural style
- Other
- Year built
- 1952
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Concrete, Tile
- Property condition
- Resale
- Levels
- Multi/Split
- Faces
- East
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Sewer Available, Water Available
Community & HOA
Community
- Subdivision
- LAKE WORTH TOWN OF ADD 1
- MLS area
- 5610
- MLS subarea
- PB16
- Security
- Security System, Smoke Detector(s)
- Pets allowed
- No Restrictions, Yes
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Lake Worth Beach
- County
- Palm Beach
- ZIP code
- 33460
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- B26023895
- Possession
- Close Of Escrow
- Original list price
- $950,000
- Parcel number
- 38434427010040080
- Annual property tax
- $5,980.61
- Tax year
- 2025
- Assessed value
- $292,324
- Tax legal description
- ADD 1 TO TOWN OF LAKE WORTH LTS 8 & 9 BLK 4
- Special listing conditions
- Standard
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 4.5
- Bathrooms Total Integer
- 5
- Building Area Total
- 3573
- Construction Materials
- CBS
- County Or Parish
- Palm Beach
- Days On Market
- 50
- Direction Faces
- East
- Elementary School
- South Grade
- High School
- Lake Worth
- Laundry Features
- Inside, Laundry Closet, Laundry Tub, Washer Hookup
- List Price
- 950000
- Living Area
- 2829
- Lot Size Acres
- 0.42
- Lot Size Area
- 18150
- MLSArea Major
- 5610
- MLSArea Minor
- PB16
- Main Level Bathrooms
- 5
- Main Level Bedrooms
- 4
- Middle Or Junior School
- Lake Worth
- Mls Status
- Pending
- On Market Date
- 2026-05-04
- Parking Total
- 2
- Patio And Porch Features
- Porch - Open, Patio - Open, Porch, Patio
- Postal Code
- 33460
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Road Frontage Type
- East of US-1
- Road Surface Type
- Paved
- Rooms Total
- 14
- Security Features
- Security System, Smoke Detector(s)
- Senior Community
- No
- Standard Status
- Pending
- State Or Province
- FL
- Status Change Timestamp
- 2026-06-23T23:08:26Z
- Stories Total
- 2
- Subdivision Name
- LAKE WORTH TOWN OF ADD 1
- Tax Assessed Value
- 292324
- Water Source
- Public
- Waterfront Features
- None
- Tax Annual Amount
- 5980.61
- Bathrooms Full
- 4
- Pool Private
- Yes
- Bedrooms Total
- 5
- Bathrooms Half
- 1
Market value
Price history
| Date | Event | Price |
|---|---|---|
| May 4, 2026 | ListedBeachesMLS | $950,000$336/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $5,981 | $292,324 |
Payment calculator
- Principal & interest
- $4,929
- Property taxes
- $498
- Insurance
- $475
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
LAKE WORTH TOWN OF ADD 1Lake Worth Beach · Palm Beach County · 33460
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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MIAMI REALTORS® MLS




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