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Waterfront Corner Development Lot
For Sale
$950,000
Pending

502 S Palmway, Lake Worth, FL 33460

Corner lot with an on-site original structure sold as-is, located with the Intracoastal Waterway across the street.

Property SizeContact for details
Days on Market132

Property Features for 502 S Palmway

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,981
Listing Agency: COMPASS FLORIDA LLC
Listed By: SETH BENKADDOUR · License #B26023939
Source: Corcoran
Added: May 4 Changed: Sep 10 Last Checked: Sep 11 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS FLORIDA LLC

Investment Insights

Based on property information with market context.

This is a for-sale corner lot with an existing structure that is original and being sold as-is, with no interior access. The property includes a structure on site that is subject to teardown, and it is currently tenant-occupied on a month-to-month basis; please do not disturb.

The Intracoastal Waterway is just across the street, and the parcel is positioned among established high-end residential properties. It is also located just minutes from Palm Beach Island and Downtown West Palm Beach, with beaches nearby.

The site is suited for development, with the lot size described as 121 x 150 in the provided information.

Key Highlights

  • 121 x 150 corner lot with an on‑site original structure sold as‑is
  • Intracoastal Waterway just across the street
  • Surrounded by multimillion‑dollar homes

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Catering Service Daycare Center (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Corner lot with an on-site original structure sold as-is, located with the Intracoastal Waterway across the street.
Where is this waterfront land located?
The property is located at 502 S Palmway Lake Worth, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 121 x 150 corner lot with an on‑site original structure sold as‑is; Intracoastal Waterway just across the street; Surrounded by multimillion‑dollar homes
More about this property
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