NOT LISTED FOR SALE

Estimated Value: $618,905 - $699,000

4 Beds
1 Bath
1,352 Sq Ft
$499/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $675,000 $499 Per Sq Ft

Current estimated payment $4,805/month

149 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Open Patio
  • Room in yard for a pool
  • Porch
  • Ceramic Tile Flooring

About This Home

As of November 2024

Revenue generating turnkey Parrot Cove Duplex with great outdoor spaces! This completely renovated, fully furnished 2 bedroom 2 bath home plus separated guest house is in a premium location on N Lakeside Drive just one block to Lake Worth Golf and Beach Club and minutes to the beach or downtown Lake Worth Beach. The main house features a open floor plan with a sun filled bonus room and two large bedrooms with king beds. The kitchen and bathrooms are recently updated and wonderfully functional. Impact windows throughout and roof replaced in 2017. Large backyard with concrete patio, outdoor shower, fruit trees and plenty of room for a pool. The updated guest house with separate entrance and parking provides privacy and consistent revenue stream.

Last Listed By

Cynthia Nalley

Acquire Palm Beach LLC License #3291919 Listed on: 05/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,133

Year Built

  • Built in 1931

Lot Details

  • 6,752 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421152300150

Community Details

Overview

  • 2 Units
  • Parrot Cove Subdivision

Building Details

  • Operating Expense $24,331
  • Net Operating Income $49,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,133

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 S to 10th Ave N in Lake Worth Beach. East on 10th Ave N and turn right on N Lakeside Dr
  • Year Built: 1931
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1352.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Deck, Fence, Fruit Trees, Porch, Room For Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 38434421152300150
  • Lot Size: East of US-1
  • Lot Size Sq Ft: 6752.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 49791.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 24331.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12133.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Nov 1, 2024
Sold by
Mckamey Christin and Russman Christin Marie
Bought by
1982 Belcore Family Trust and Belcore
Seller's Agent
Cynthia Nalley
Acquire Palm Beach LLC
Buyer's Agent
Cynthia Nalley
Acquire Palm Beach LLC
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Total Days on Market
149
Views
46
Current Estimated Value
$673,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,024
Avg. Annual Appreciation
-0.32%

Purchase Details

Listed on
Sep 13, 2019
Closed on
Sep 25, 2019
Sold by
Quacinella Andrew and Quacinella Claudia
Bought by
Rector Charlene Carol and Rector Charlene Carol
Seller's Agent
Courtney Evans
Southdale Properties Inc.
Buyer's Agent
Cullen Greene
Galt Ocean Realty Inc
List Price
$365,000
Sold Price
$352,500
Premium/Discount to List
-$12,500
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Squire Suzanne
Bought by
Quacinella Andrew

Purchase Details

Closed on
Sep 22, 1994
Sold by
Caramma Claudio and Caramma Jacquelyn
Bought by
Squire Suzanne

Purchase Details

Closed on
Jun 28, 1994
Sold by
Natoli Gladys
Bought by
Squire Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,100
Interest Rate
8.51%

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
1982 Belcore Family Trust $675,000 Title Matters
Rector Charlene Carol $352,500 Brownstone Title Svcs Llc
Quacinella Andrew $270,000 Harbor Title Inc
Squire Suzanne $40,000 --
Squire Suzanne $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Squire Suzanne $100,000
Previous Owner Squire Suzanne $54,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $675,000 -2.9% $499 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $695,000 -4.1% $514 / Sq Ft
07/23/2024 07/23/24 For Sale $725,000 0.0% $536 / Sq Ft
07/23/2024 07/23/24 Price Changed $725,000 +7.4% $536 / Sq Ft
07/04/2024 07/04/24 Off Market $675,000 -- --
06/20/2024 06/20/24 Price Changed $750,000 -4.5% $555 / Sq Ft
05/24/2024 05/24/24 For Sale $785,000 +122.7% $581 / Sq Ft
09/25/2019 09/25/19 Sold $352,500 -3.4% $261 / Sq Ft
09/13/2019 09/13/19 For Sale $365,000 -- $270 / Sq Ft
Source: BeachesMLS

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 $12,516 $539,165 -- --
2023 $12,133 $521,146 $337,500 $183,646
2022 $8,762 $337,193 $0 $0
2021 $7,672 $306,539 $178,250 $128,289
2020 $7,245 $286,428 $162,500 $123,928
2019 $5,336 $246,475 $0 $0
2018 $5,110 $241,879 $132,109 $109,770
2017 $5,584 $219,861 $110,091 $109,770
2016 $1,227 $73,166 $0 $0
2015 $1,249 $72,657 $0 $0
2014 $1,256 $72,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10990360

BeachesMLS

APN: 38-43-44-21-15-230-0150