Completed developments

126 N Palmway, Lake worth Beach, FL

OVERVIEW

The N Palmway triplex was originally built in the 1940’s. It required a painstaking renovation process to achieve a clean modern design. The property sits in an area known as Parrot Cove. This prime location is pedestrian friendly. It is a short walk to downtown Lake Worth Beach, the intercoastal, local parks, and the beach. 

In the 4th quarter of 2021 we marketed the property at the higher range of our expectations, and it was sold in less than 60 days.

DEVELOPER

JEL Development

COMPLETION YEAR:

2019

STATUS

Completed & Sold

PROJECT METRICS:

Completed in time?: Yes | ROI: 22.5% | Cash-on-cash return: 8%

Location

126 N Palmway, Lake Worth Beach, FL 33460, USA
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