$1,850,000

Estimated payment $11,650/month

Total Views 2,135
-- Bed
-- Bath
3,408 Sq Ft
$543 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Open Patio
  • 13,500 Sq Ft lot
  • Porch
  • 3-minute walk to Bryant Park

About This Home

Prime 5-plex Income Property-Water Views & Expansion PotentialExceptional investment opportunity in the heart of downtown Lake Worth Beach! This well maintained five-plex sits across from the Intracoastal Waterway, offering water views from end unit and potential for even more stunning vistas with a second-story addition.All 5 units are tenant-occupied, ensuring immediate rental income.4 are long term and under rental value. Soo much more income potential. Centrally located within walking distance to the beach, golf course, parks, Ampitheatre, fishing pier, and vibrant shops and restaurants, Easy access to 1-95 for seamless commuting.serious inquiries only. Access will be granted upon accepted contract.NOTE: #5 Rented at $1850.00 monthly

Listing Agent

Amy Sylvia

RE/MAX Prestige Realty/WPB License #704244

RE/MAX Prestige Realty/WPB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,874

Year Built

  • Built in 1954

Lot Details

  • 0.31 Acre Lot
  • Property fronts an intracoastal waterway

HOA Fees

  • HOA YN

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434421150350010
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $21,874
  • Net Operating Income $60,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,874

Year Built

Built in 1954

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: lake Ave East to just before the Lake Worth Beach Bridge turn right to #130 on east side of the road
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile, Wood
  • Living Area: 3408.0

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Garden, Other, Water
  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 38434421150350010
  • Lot Size: 100.0 ft x 135.0 ft
  • Lot Size Sq Ft: 13500.0
  • Zoning Description: MF-30(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 60974.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 21874.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15874.0

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

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Price Changed $1,850,000 +99999900.0% $543 / Sq Ft
01/29/2025 01/29/25 For Sale $2 -- $0 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11057260

BeachesMLS