$2,790,000
$80K PRICE DROP

Estimated payment $16,582/month

Total Views 10,333
-- Bed
-- Bath
5,144 Sq Ft
$542 Price per Sq Ft

Highlights

  • Wood Flooring
  • Impact Glass
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

M Lake Worth Beach is a fully renovated 10 unit boutique short-term rental property offering a unique and stylish retreat just one mile from the pristine shores of Lake Worth Beach, Florida. M Lake Worth Beach has 2 years of solid performance history. The property has been thoughtfully designed with a blend of retro charm and modern upgrades, capturing the nostalgic vibes of mid-century design while providing guests with all the contemporary comforts they expect. All units been meticulously renovated. In addition, the property features an outdoor amenity space, including a custom-built BBQ area, outdoor dining and lounge, a serene environment enhanced by ambient lighting and lush landscaping. Ideally located within walking distance to downtown Lake Worth Beach’s vibrant dining, arts, and shopping scene, and just minutes from Palm Beach International Airport, Brightline, West Palm Beach, M LWB attracts both leisure and business travelers looking for a unique and well-connected destination. This boutique property’s prime location, along with its distinctive design and high guest satisfaction, ensures consistent demand and strong rental performance. Offered as a fully operational and turnkey short-term rental asset. With proven income and modern aesthetic that sets it apart from other properties in the area, this building provides investors with a chance to capitalize on the growing demand for unique, high-quality hospitality experiences in South Florida.

Listing Agent

Alexis Shapiro

ONE Commercial LLC License #3346131 Listed on: 03/11/2026

ONE Commercial LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,260

Year Built

  • Built in 1953

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 5,144 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Impact Glass

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes electricity, hot water, gardener, pest control
  • Assessor Parcel Number 38434421151580090

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lake Worth Town Of Condos
  • Lake Worth Town Of Subdivision

Building Details

  • Net Operating Income $233,667

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,260

Year Built

Built in 1953

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 2790000
  • InternetRemarks: Full renovated and turn key 10 unit STR within walkability to downtown, golf courses, and beaches. 2 years of proven performance.5 studios 3 1/1 2 2/1
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 5144
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421151580090
  • Zoning: MU-FH (c

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Pest Control

Multi Family

  • Net Operating Income: 233667
  • Number Of Units In Community: 3
  • Number Of Units Total: 10
  • Total Actual Rent: 366385

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 20260

Map

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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
2025 $19,273 $847,331 -- --
2023 $17,024 $694,762 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 Price Changed $2,790,000 -2.8% $542 / Sq Ft
03/11/2026 03/11/26 For Sale $2,870,000 -- $558 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,700,000 South Florida Title Associates
Warranty Deed $1,700,000 South Florida Title Associates
Special Warranty Deed $370,000 Star Title Partners Of Palm
Warranty Deed $500,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,275,000 New Conventional
Closed $1,275,000 New Conventional
Previous Owner $350,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11980919

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-158-0090

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