$1,395,000

Estimated payment $9,318/month

Total Views 10,610
-- Bed
-- Bath
2,340 Sq Ft
$596 Price per Sq Ft

Highlights

  • Hot Property
  • Fruit Trees
  • Pool View
  • Saltwater Pool
  • Wood Flooring
  • Patio

About This Home

Bliss Villas is 3 building, 4-unit complex in the downtown Lake Worth Beach Entertainment District - steps from the shops and restaurants on Lucerne Ave. There is one 2 BD/1 BA and three 1 BD/1 BA, and units are centered around a large heated pool in a beautifully landscaped, completely private and nearly 12,000 sq ft fenced lot. The property is a turnkey asset - fully equipped and furnished - and is zoned Commercial allowing for multiple business and personal uses. All 3 buildings are concrete block with 2023 roofs, new central A/Cs, impact windows, tankless water heaters, and washers/dryers! Features 8 off-street private spaces. There is a pool bath and air conditioned garage for storage. Superior location and infrastructure make this investment property exceptional.

Listing Agent

Cynthia Nalley

Acquire Palm Beach LLC License #3291919

Co-Listing Agent

Michael Cuevas

Acquire Palm Beach LLC License #3172647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,560

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Fruit Trees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Pool Views

Outdoor Features

  • Saltwater Pool
  • Patio

Schools

  • North Grade K-8 Elementary School
  • Lake Worth Middle School
  • Lake Worth High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150240060
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Lake Worth Beach Subdivision

Building Details

  • Operating Expense $97,726
  • Net Operating Income $79,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,560

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I95 take 10 Ave exit east to US1. Turn left onto 2nd Ave N and right onto N L Street
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Wood
  • Living Area: 2340.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: Pool
  • Pool Features: Heated, Pool, Salt Water
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Schools

  • Elementary School: North Grade K-8
  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth

Lot Info

  • Parcel #: 38434421150240060
  • Lot Size: 88.0 ft x 135.0 ft
  • Lot Size Sq Ft: 11880.0
  • Zoning Description: MU-E(c
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 79524.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 97726.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18560.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,560 $748,816 -- --
2023 $19,087 $777,745 $220,600 $557,145
2022 $21,804 $886,745 $0 $0
2021 $14,007 $529,221 $100,000 $429,221
2020 $12,943 $478,146 $100,000 $378,146
2019 $13,131 $483,256 $100,000 $383,256
2018 $9,783 $364,124 $99,607 $264,517
2017 $8,947 $313,781 $90,552 $223,229
2016 $8,395 $293,584 $0 $0
2015 $7,371 $228,437 $0 $0
2014 $6,820 $207,670 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $1,395,000 +38.1% $596 / Sq Ft
12/30/2021 12/30/21 Sold $1,010,000 +3.6% $432 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/07/2021 11/07/21 For Sale $975,000 0.0% $417 / Sq Ft
05/01/2019 05/01/19 Rented $1,300 -3.7% --
04/01/2019 04/01/19 Under Contract -- -- --
03/08/2019 03/08/19 For Rent $1,350 0.0% --
07/12/2018 07/12/18 Sold $750,000 -6.1% $321 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $799,000 -- $341 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,010,000 First International Title
Warranty Deed $750,000 Attorney
Warranty Deed -- None Available
Warranty Deed $350,000 None Available
Warranty Deed $610,000 Universal Land Title Inc
Warranty Deed $275,000 Sunbelt Title Agency
Quit Claim Deed -- Commerce Title Company
Warranty Deed $135,000 --
Warranty Deed $69,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $69,900 Purchase Money Mortgage
Previous Owner $58,000 Credit Line Revolving
Previous Owner $456,958 Unknown
Previous Owner $247,500 Purchase Money Mortgage
Previous Owner $20,000 Credit Line Revolving
Previous Owner $133,241 FHA
Source: Public Records

About the Listing Agent

Cynthia Nalley

Acquire Palm Beach LLC

(844) 434-0618

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Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to commercial real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more.

Cynthia's Other Listings

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    • 1 Bath
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    • 2 Baths
    • 769 Sq Ft
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    • Lake Worth, FL

    Two charming cottages on a HUGE lot! This income producing property features a 1/1 main cottage and a separate studio rental unit, offering the flexibility to live in one and rent the other. Plenty of room for your large boat or RV and NO HOA! Complete renovation in 2021 including new roofs, impact windows, electric, and plumbing. Stylish interiors and updated appliances, fully furnished and

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  • 1021 N Palmway, Lake Worth, FL 33460

    $640,000 Coming Soon

    • 4 Beds
    • 2 Baths
    • 1,548 Sq Ft
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    Cynthia Nalley Acquire Palm Beach LLC

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  • 805 N Lakeside Dr, Lake Worth, FL 33460

    $675,000 Sold Nov 01, 2024

    • 1,352 Sq Ft
    • 805 N Lakeside Dr
    • Lake Worth, FL

    Revenue generating turnkey Parrot Cove Duplex with great outdoor spaces! This completely renovated, fully furnished 2 bedroom 2 bath home plus separated guest house is in a premium location on N Lakeside Drive just one block to Lake Worth Golf and Beach Club and minutes to the beach or downtown Lake Worth Beach. The main house features a open floor plan with a sun filled bonus room and two large

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  • 1823 Presidential Way Unit 1010, West Palm Beach, FL 33401

    $235,000 Sold Oct 09, 2024

    • 2 Beds
    • 2 Baths
    • 1,189 Sq Ft
    • 1823 Presidential Way
    • Unit 1010
    • West Palm Beach, FL

    Spacious corner golf villa with huge outdoor patio facing the 10th tee of the Nicklaus Signature Golf Course in Banyan Cay. This 2 bedroom 2 bath condo is on the first floor of a 2 story building and features a 328 sq ft patio with 12 new tinted sliding doors/windows in addition to the 1,189 sq ft living space. Kitchen has a new impact rated door and new washer, dryer, and stove. Ceramic tile

    Cynthia Nalley Acquire Palm Beach LLC

  • 600 S Dixie Hwy Unit 827, West Palm Beach, FL 33401

    $3,000

    • 2 Beds
    • 2 Baths
    • 1,138 Sq Ft
    • 600 S Dixie Hwy
    • Unit 827
    • West Palm Beach, FL

    Best location in Downtown West Palm Beach - The Prado! This large 2 bedroom/2 bathroom condo is available for annual or seasonal rental. Located on the top floor with high ceilings and open west facing views - the condo is fully furnished and includes a garage parking space. Bedrooms are spacious with walk in closets. Washer/dryer in unit. The Prado is a premier building with resort style pool

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  • 600 S Dixie Hwy Unit 512, West Palm Beach, FL 33401

    $3,000

    • 2 Beds
    • 2 Baths
    • 1,118 Sq Ft
    • 600 S Dixie Hwy
    • Unit 512
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    Pool level Prado unit with private outdoor patio! This furnished 2 bedroom/2 bathroom condo is available for off season rental from May to November. The split bedroom floor plan features an open living area with kitchen island and sliding glass doors that open to a large outdoor living space with a gate that leads to the pool deck. Washer/dryer in unit - utilities and wireless internet included

    Cynthia Nalley Acquire Palm Beach LLC

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Source: BeachesMLS

MLS Number: R11081141

BeachesMLS

APN: 38-43-44-21-15-024-0060