NOT LISTED FOR SALE

3088 Prince Dr Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $494,000 - $517,000

4 Beds
2 Baths
1,800 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $500,000 $278 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,253/month

8 Days on Market

About This Home

As of October 2024

Both units are occupied with long term great paying tenants. Tenants are month to month. Tenants would like to stay if new owner prefers. The units are in good condition and each unit has it's own inside laundry. Both units are easy care neutral tile. The back yard is fenced. Separate electric meters for each unit. The unit is in a great location close to shopping, restaurants and highways. This is a solid investment opportunity!

Last Listed By

Jack Keller

Jack Keller Inc License #127800 Listed on: 08/28/2024

Jack Keller Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 1960

Lot Details

  • 9,191

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $48,000
  • Assessor Parcel Number 00434430011270012

Community Details

Overview

  • 2 Units
  • Palm Beach Farms Co Place Subdivision

Building Details

  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,971

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 EAST TO CONGRESS AVE. LEFT AT CONGRESS GO 1/2 MILE PRINCE DR ON THE RIGHT. 2ND DUPLEX ON THE LEFT
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1800.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 00434430011270012
  • Zoning Description: RM

Multi Family

  • Property Net Operating Income: 40000.0
  • Number Of Units Total: 2
  • Total Actual Rent: 48000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4971.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Oct 28, 2024
Sold by
3088 Prince Road Llc
Bought by
Riveros Elkin and Riveros Andrea
Seller's Agent
Jack Keller
Jack Keller Inc
Buyer's Agent
Michael Johnston
The Keyes Company
List Price
$499,999
Sold Price
$500,000
Premium/Discount to List
$1
0.0%
Total Days on Market
8
Views
4
Current Estimated Value
$502,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,903
Avg. Annual Appreciation
1.50%
Original Mortgage
$375,000
Outstanding Balance
$373,917
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$129,810

Purchase Details

Closed on
May 12, 1998
Sold by
Taylor Rodney B and Taylor Linda L
Bought by
Hard Nox Properties Inc

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Riveros Elkin $500,000 Integrity Land Title
Hard Nox Properties Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riveros Elkin $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $500,000 0.0% $278 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $499,999 -- $278 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

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 $5,410 $212,453 -- --
2023 $4,971 $193,139 $142,419 $180,241
2022 $4,649 $175,581 $0 $0
2021 $4,132 $230,674 $98,694 $131,980
2020 $3,891 $216,769 $100,000 $116,769
2019 $3,859 $223,927 $100,000 $123,927
2018 $3,311 $209,272 $96,390 $112,882
2017 $2,868 $161,077 $48,195 $112,882
2016 $2,591 $99,111 $0 $0
2015 $2,482 $90,101 $0 $0
2014 $2,254 $81,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Keller

    Seller's Agent in 2024

    Jack Keller

    Jack Keller Inc

    (727) 586-1497

    2 in this area

    1,357 Total Sales

    Jack Keller
    Section Image
  • Michael Johnston

    Buyer's Agent in 2024

    Michael Johnston

    The Keyes Company

    (561) 577-0398

    4 in this area

    174 Total Sales

    Michael Johnston
    Section Image
See All Agents

Map

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10458645

BeachesMLS (Greater Fort Lauderdale)

APN: 00-43-44-30-01-127-0012

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

3088 Prince Dr, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 3088 Prince Dr, Lake Worth, FL 33461 since 28 August 2024 and is currently estimated at $502,903, approximately $279 per square foot. This property was built in 1960. 3088 Prince Dr is a home located in Palm Beach County with nearby schools including Lake Worth High School, Barton Elementary 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.