$410,000
SOLD FEB 27, 2025

1755 4th Ave N Lake Worth, FL 33460

Tropical Ridge Neighborhood
-- Bed
-- Bath
1,010 Sq Ft
0.31 Acres

Recently Sold

$406 Per Sq Ft

20% Below List Price

11 Days on Market

Highlights

  • 13,293 Sq Ft lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Garden View
  • Ceramic Tile Flooring

About This Home

As of February 2025

Fantastic opportunity to own cash cow rental properties in East Lake Worth Beach. This folio offers a beautifully maintained duplex with one 2/1 & one 1/1 or combine with other folio that is directly next door in order to add an additional 3 units to the investment making for 5 units in total. This Duplex has new roof and 1 2/2 unit is currently Vacant and is ready for Owner Occupant. If both parcels 1751 & 1755 are purchased together, Seller is willing to offer steep discount.

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799

Co-Listed By

Traci Hart

CPRE Organization Inc License #3289042

Last Buyer's Agent

Patricia Garcia

Equity Real Property and Mgt. License #3251207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 1963

Lot Details

  • 0.31 Acre Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421020330072
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • S/D Of 21 44 43, W 1/2 In Subdivision

Building Details

  • Operating Expense $1,346,634
  • Net Operating Income $30,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,666

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1010.0

Exterior Features

  • Exterior Features: None
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421020330072
  • Lot Size: 1/4 to 1/2 Acre,West of
  • Lot Size Sq Ft: 13293.0
  • Zoning Description: MF-20 (c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 30934.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1346634.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5666.0

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
02/27/2025 02/27/25 Sold $410,000 -19.6% $406 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $510,000 -- $505 / Sq Ft
Source: BeachesMLS

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 $5,902 $178,303 -- --
2023 $5,770 $162,094 $0 $0
2022 $4,559 $147,358 $0 $0
2021 $3,982 $135,387 $67,600 $67,787
2020 $3,706 $121,784 $59,800 $61,984
2019 $3,506 $117,794 $54,600 $63,194
2018 $3,160 $100,870 $51,646 $49,224
2017 $2,645 $77,985 $36,890 $41,095
2016 $2,227 $57,129 $0 $0
2015 $2,069 $51,935 $0 $0
2014 $2,071 $47,214 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $143,500 New Conventional
Previous Owner $97,600 Unknown
Previous Owner $71,250 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $910,000 Cfp Title & Escrow Inc
Warranty Deed $11,000 Core Title Llc
Deed $110,000 --
Deed $68,800 --
Warranty Deed $75,000 --
Source: Public Records

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Source: BeachesMLS

MLS Number: R11053986

BeachesMLS

APN: 38-43-44-21-02-033-0072

Florida Palm Beach County Lake Worth 33460 Tropical Ridge

1755 4th Ave N, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 1755 4th Ave N, Lake Worth, FL 33460 and is currently priced at $410,000, approximately $405 per square foot. This property was built in 1963. 1755 4th Ave N is a home located in Palm Beach County with nearby schools including Highland Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.