$899,000

Estimated payment $5,996/month

Total Views 1,277
-- Bed
-- Bath
2,471 Sq Ft
$364 Price per Sq Ft

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Impact Glass
  • Tile Flooring

About This Home

Renter's Paradise! Welcome to this beautifully renovated quadplex in the heart of downtown Lake Worth Beach! This property offers an exceptional investment opportunity--ideal for an investor looking to expand your portfolio. Conveniently located near public transportation, including Tri-Rail and bus loops, you're just minutes away from stunning beaches and lush parks. Each unit is individually metered for electric, water, and natural gas, ensuring efficient management and billing. Additional highlights include brand-new impact windows for enhanced protection during hurricane season and tankless water heaters in every unit, providing extra storage space.

Listing Agent

Mohammed Miah

The Keyes Company License #3598028

The Keyes Company

Co-Listing Agent

Megan Guthrie

The Keyes Company License #3558210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,852

Year Built

  • Built in 1957

Lot Details

  • 6,750 Sq Ft Lot
  • Sprinkler System

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,471 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Garden Views
  • Impact Glass

Schools

  • South Grade Elementary School
  • Lake Worth Middle School
  • Lake Worth High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427010170010
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include ground maintenance
  • 4 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $13,052
  • Net Operating Income $59,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,852

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95-exit 6th Ave S, head east to Dixie turn right, turn on left on 8th Ave S, turn Right on S J Street house is on the Left.
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2471.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: South Grade
  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth

Lot Info

  • Parcel #: 38434427010170010
  • Lot Size: 50.0 ft x 135.0 ft
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SFR-Unde
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 59675.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 13052.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11852.0

Map

Range of Values:

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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
2024 $11,852 $412,330 -- --
2023 $11,192 $374,845 $0 $0
2022 $9,487 $340,768 $0 $0
2021 $9,253 $357,698 $132,000 $225,698
2020 $8,667 $332,803 $132,000 $200,803
2019 $8,235 $327,240 $123,200 $204,040
2018 $7,041 $232,749 $89,790 $142,959
2017 $6,577 $211,590 $81,627 $129,963
2016 $6,473 $209,765 $0 $0
2015 $5,556 $161,532 $0 $0
2014 -- $95,775 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $899,000 0.0% $364 / Sq Ft
03/05/2025 03/05/25 Off Market $899,000 -- --
02/20/2025 02/20/25 For Sale $899,000 0.0% $364 / Sq Ft
03/22/2023 03/22/23 Rented $1,995 0.0% --
02/20/2023 02/20/23 Under Contract -- -- --
02/17/2023 02/17/23 For Rent $1,995 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $600 Old Palm Title
Warranty Deed $745,000 Old Palm Title
Quit Claim Deed -- Florida Land Title Ins Llc
Special Warranty Deed -- Attorney
Special Warranty Deed $50,000 Servicelink
Quit Claim Deed -- Servicelink
Trustee Deed -- None Available
Warranty Deed $435,000 Residential Title & Research
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $596,000 New Conventional
Previous Owner $389,250 Commercial
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $35,000 Credit Line Revolving
Previous Owner $391,500 Fannie Mae Freddie Mac
Source: Public Records

Source: BeachesMLS

MLS Number: R11064640

BeachesMLS

APN: 38-43-44-27-01-017-0010