502 S Palmway, Lake Worth Beach, FL 33460

Sold $950,000 · Oct 2, 2026

Last asking price $950,000 · 100% of asking · 50 days on market

  • 5 beds
  • 5 baths
  • 2,829 sq ft
  • Single Family Residence
  • Built 1952
  • Lot 18,295.2 sq ft
  • 3,573 sq ft total
  • 2 garage spaces
  • Palm Beach County
  • MLS# B26023895
  • Lake Worth Town Of Add 1
502 S Palmway, Lake Worth Beach, FL – photo 1502 S Palmway, Lake Worth Beach, FL – photo 2502 S Palmway, Lake Worth Beach, FL – photo 3502 S Palmway, Lake Worth Beach, FL – photo 405B at 502 S Palmway, Lake Worth Beach06B at 502 S Palmway, Lake Worth Beach07B at 502 S Palmway, Lake Worth Beach08B at 502 S Palmway, Lake Worth Beach

About this home

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.

Features

Schools

  • Elementary: South Grade
  • Middle: Lake Worth
  • High: Lake Worth

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida LLC · mlsfl@compass.com · Listing agent: Seth Benkaddour

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What is your home worth?

502 S Palmway sold on Oct 2, 2026. If you own nearby, get a free home valuation or see homes for sale in Lake Worth Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 502 S Palmway

What did 502 S Palmway sell for?
502 S Palmway sold for $950,000 on Oct 2, 2026, about 100% of its last asking price of $950,000 and about $336 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 502 S Palmway?
The listing reported annual property taxes of $5,981 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 502 S Palmway built?
502 S Palmway was built in 1952 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 502 S Palmway on the market?
502 S Palmway was on the market for 50 days before it sold.
Which schools serve 502 S Palmway?
The MLS lists South Grade (elementary), Lake Worth (middle), Lake Worth (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 502 S Palmway still for sale?
No. 502 S Palmway sold on Oct 2, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 233 Maryland Drive, Lake Worth Beach, FL 33460, sold for $895,100 in October 2026. Other Lake Worth Beach neighborhoods include Lake Clarke Gardens and College Park. Nearby ZIP codes include 33426 and 33435. This property also neighbors Boynton Beach, Palm Beach, and West Palm Beach. Compare it with the Lake Worth Beach housing market report.