421 S J St Lake Worth, FL 33460
Downtown Jewel NeighborhoodEstimated payment $5,922/month
Highlights
- Water Views
- Ceramic Tile Flooring
- Central Heating and Cooling System
About This Home
Don't miss this incredible opportunity to own a fully occupied quadplex in the heart of vibrant Lake Worth Beach. This turnkey, 100% tenant-occupied property offers a great cap rate, making it an ideal investment for those seeking strong cash flow from day one.Located just minutes from pristine beaches, top-rated restaurants, shopping, and entertainment, this property is perfectly positioned to attract long-term renters. Each unit has been thoughtfully designed to offer comfortable living spaces.With a strong rental history and high-demand location, this quadplex is a rare find in today's market. Whether you're expanding your portfolio or securing your first investment property, this is an opportunity you don't want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,212
Year Built
- Built in 1979
Lot Details
- 6,750 Sq Ft Lot
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,488 Sq Ft Home
- 1-Story Property
- Blinds
- Water Views
Flooring
- Ceramic Tile
- Vinyl
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 38434421151510270
Community Details
Overview
- 4 Units
- Town Of Lake Worth Subdivision
Building Details
- Operating Expense $23,727
- Net Operating Income $49,473
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,212 | $552,520 | -- | -- |
| 2023 | $14,890 | $589,490 | $186,600 | $402,890 |
| 2022 | $9,938 | $301,542 | $0 | $0 |
| 2021 | $8,797 | $377,013 | $167,400 | $209,613 |
| 2020 | $8,313 | $358,780 | $183,600 | $175,180 |
| 2019 | $7,740 | $326,380 | $151,200 | $175,180 |
| 2018 | $6,851 | $271,935 | $109,094 | $162,841 |
| 2017 | $6,307 | $230,721 | $99,176 | $131,545 |
| 2016 | $5,772 | $170,213 | $0 | $0 |
| 2015 | $5,469 | $154,739 | $0 | $0 |
| 2014 | $5,168 | $140,672 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $849,000 | +506.4% | $341 / Sq Ft |
| 02/24/2012 02/24/12 | Sold | $140,000 | -6.6% | $56 / Sq Ft |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- |
| 12/08/2011 12/08/11 | For Sale | $149,900 | -- | $60 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $38,330 | Floridian Title Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $140,000 | Floridian Title Llc | |
| Deed | $95,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,567 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $69,682 | Unknown | |
| Previous Owner | $78,000 | No Value Available |
Source: BeachesMLS
MLS Number: R11065845
APN: 38-43-44-21-15-151-0270
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