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209 S PALMWAY Lake Worth Beach, FL 33460

$729,900

Listed By Edward Schaerer, American Dream Realty & Consul

2

Bedrooms

2

Total Baths

1

Full Baths

1,337

Square Feet

0.15

Acres

1931

Year Built

Active

Status

MLS#

RX-10832863

Great Historical Location. Ideally situated a few blocks walking distance to the Artsy Downtown area and next to the family friendly Bryant Park. ''Seller Financing'' is possible! Don't let the Banks & Mgt companies Higher Interest Rates keep you from buying? Here is your chance to save literally thousands of dollars $$$ with NO points or junk fees, and close in about 15 days. Seller is Motivated and says bring in the offers! *Click on More remarks. Welcome to the ''Dolphin House''. Find your own small piece of tropical paradise in the quiant and Historical District of Lake Worth Beach. As they say, Location, Location, Location! This house is ideally located East of Federal Highway and walking distance to the artsy downtown area with lots of antiques shopping, open cafe' restaurants, public library and more. One block away from the beautiful Bryant Park that has an event civic amphitheater, boat ramp, fishing piers, nature walk, pet friendly open park, family recreation area and pavillion with outside grills for BBQ cookouts for family gatherings. You are just a short walk over the L.W. bridge to enjoy the many amenities of the Municiple Public Beach. Such as the renowned fishing pier, restaurants, swimming pool and public beach. There are several landmark homes in this quaint historical neighborhood and because of the many local amenities it is becoming somewhat of a destination place and location for people to come on vacation or look for short term seasonal type of living accommodations. Rents are high for the Landlords and property values have been on the rise. This neighborhood is a great opportunty for those property owners or investors who wish to have income producing property. Please note: There is No H.O. A. or related association fees to pay. No H.O.A. to dictate extra rules and regulations to you. You can Make Money with this property! There is a great opportunity here to create a solid "Rental Income" stream in this very sought after neigborhood located east of Federal Highway and in the Historic Bryant Park area. The detached CBS garage building has good alley way access to accommodate tenants. Current zoning will allow a 2nd story building, and if desired it could be converted into (2) two separate rental units with an upstairs and downstairs apartment. Or you could make a construction addition to increase the total square footage for just (1) one larger unit. You could also make an addition to connect the main house to the rear building and perhaps wrap it around a new full size swimming pool? Lot's of options to renovate for a Multi-Family income stream or keep it private to suit your needs. The interior of the garage / building is currently unfinished. However, there is a portion of the garage building sectioned off and finished with drywall that is currently used as the laundry room. So electric and plumbing is already in place to the building. The previous use for the rear building was for a 1 car garage and to provide extra storage space. There is a metal overhead swinging door to accommodate a vehicle driving in from the alley if you wanted to use it as a garage. The lot has enough extra outside parking to accommodate a small boat, trailer or other RV vehichle. The back yard access has a combination of wood stockade fencing and chain link fencing on a slide bar roller that can slide open and shut, and has a hinged gate to open very wide for maximum access. There is a portable Emergency Generater included in the sale. A second electrical panel has been installed in the main house right under the primary electrical panel in order to accommodate an emergency generator that can be plugged in directly from an outside wired connection. The gasoline operated generater is on wheels and can easily be rolled onto the designated poured concrete slab in place for this purpose. There is also a Private Home Vault & Security Cameras. There are several exterior LED night vision security cameras placed all around the premises on both buildings, including an additional "Ring" doorbell speaker front door camera with 24/7 live access and recorded motion detection. The sale of the home also includes a commercial grade UL fire rated private security vault. The front yard is tropically xeriscaped with mostly native Florida plants, with orchids, staghorn ferns and sculpured coral rock designs. Little or no irrigation is required to maintain the plush landscape and there is no need of ever having to cut the grass again. The small porch is used as an office with a seperate outside entrance and screen door which allows great light and ventilation along with a set of French doors that open up to the garden area overlooking the accent pool with a cascading waterfall. An excellent spot to work from home and have a soothing tropical setting. Although improvements have been made to the house in the past. There is a "Fixer Upper" or "Handy Man" aspect to this 1931 yr built property, and it is primarily related to the (2) two existing bathrooms that need upgrading and renovations. Or perhaps other additions that would be needed in order to enlarge the total square footage or design the rental units. This is your chance to create your own floor plan, colors and designs to suit your particular wishes. The kitchen has granite countertops and custom Kraft Maid maple wood cabinets with indirect ribbon lighting both underneath and above the cabinets. The kitchen countertop serves well to the dining room that has a renovated ceiling with recessed inderect lighting. Both rooms with dimmer switches to set the desired lighting mood for the evening. The 24 ft X 12 ft master bedroom opens up to the back garden overlooking a sea rock waterfall that cascades into a small accent design pool. The free form accent pool is circulated by a 1.5 HP pool pump with a sand filter and is set up on an automatic timer. The living room has a surround sound system with 4 mounted speakers and a sub-woofer bass speaker that is included in the sale along with a large screen Visio Smart TV and Sony stereo. The master bedroom comes with two mounted speakers that can connect to the sound system and has a smaller Viso Smart TV that will also stay with the sale.

Details

Year Built
1931
Parking
1
Price / Sq Ft
$546
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
20 Days
Acres
0.15

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office American Dream Realty & Consul, (561) 252-5263

MLS# RX-10832863

Updated 11:11AM - 10/7/2022

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 2022 BeachesMLS, Inc.

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