$950,000
SOLD MAR 7, 2025
-- Bed
-- Bath
3,278 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

21% Below List Price

301 Days on Market

Highlights

  • Deck
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wood Flooring
  • Awning

About This Home

As of March 2025

Discover an unparalleled investment opportunity in the heart of Lake Worth Beach with this remarkable property. A unique combination of a single-family home and a detached fourplex. Opportunity for live-in investment or traditional rental property. Currently 100% occupied with exceptional tenants. Significant capex investment performed. Perfectly positioned mere blocks away from the vibrant shopping and dining scene on Lake Avenue. Bryant Park and the stunning beaches are just a short bike ride away.

Last Agent to Sell the Property

Scott Alexander

Kanga Property Management License #3238402

Kanga Property Management

Last Buyer's Agent

CHRISTOPHER BODE

Premier Estate Properties, Inc License #3247994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,315

Year Built

  • Built in 1928

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Shingle Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Awning

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434421150890120

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $36,494
  • Net Operating Income $60,706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,315

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 TO 6TH ave S - Go E to K St - Go Left Prop. 4 blocks on the Right.
  • Year Built: 1928
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 3278.0

Exterior Features

  • Exterior Features: Awning(s), Deck
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition, Flat, Shingle, Tile

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421150890120
  • Lot Size: < 1/4 Acre
  • Zoning Description: MF-20 (c

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 60706.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 36494.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16315.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
03/07/2025 03/07/25 Sold $950,000 -13.2% $290 / Sq Ft
07/30/2024 07/30/24 Price Changed $1,095,000 -4.8% $334 / Sq Ft
06/17/2024 06/17/24 Price Changed $1,150,000 -4.2% $351 / Sq Ft
05/09/2024 05/09/24 For Sale $1,200,000 +100.0% $366 / Sq Ft
06/18/2020 06/18/20 Sold $600,000 -19.9% $181 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $749,000 -- $226 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R10985969

BeachesMLS

APN: 38-43-44-21-15-089-0120