Premier Brokers International
502 S Palmway, Lake Worth Beach, FL 33460
PendingBeachesMLS
PendingMLS® B26023895
$950,000

502 S Palmway, Lake Worth Beach, FL 33460

Beds
5
Baths
5
Sqft
2,829
Est. payment$5,903/mo
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

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 4, 2026ListedBeachesMLS$950,000$336/sqft

Public tax history

YearProperty taxesAssessment
2025$5,981$292,324

Payment calculator

Estimated monthly payment$5,903/moIllustrative estimate, not a loan offer.
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 1

Lake Worth Beach · Palm Beach County · 33460

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

South GradeElementary
—
Lake WorthMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Compass Florida LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.