910 S L 1 St Unit 1 -2 -3 Lake Worth Beach, FL 33460
Pineapple Beach NeighborhoodEstimated payment $5,000/month
Highlights
- Jalousie or louvered window
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Patio
About This Home
Turnkey Triplex - High-Yield Investment in Lake Worth Beach910 South L Street, Lake Worth Beach, FLPrime income-producing property with long-term leases in place. This well-maintained triplex offers an immediate cash-flow opportunity with below-market rents, providing room for increased return on investment upon lease renewal. Located in the high-demand rental market of Lake Worth Beach, this property is ideal for investors seeking stability, appreciation, and minimal vacancy risk.**Unit 1: 2 Bed / 1 Bath - $2,000/month (Washer/Dryer Hookups) - Lease Ends 7/31/ 2025**Unit 2: 1 Bed / 1 Bath - $1,600/month - Lease Ends 11/30/2025**Unit 3: 2 Bed / 2 Bath - $1,750/month (Washer/Dryer Hookups) - Lease Ends 10/31/ 2025Monthly Rental Income: $5,350 Annual Gross Income: $64,200
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,754
Year Built
- Built in 1977
Home Design
- Triplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,376 Sq Ft Home
- 1-Story Property
- Jalousie or louvered window
Flooring
- Carpet
- Ceramic Tile
Utilities
- Central Heating and Cooling System
- The lake is a source of water for the property
Additional Features
- Patio
- 6,750 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 38434427010280060
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Lake Worth Town Of Add 1 Subdivision
Building Details
- Operating Expense $9,000
- Net Operating Income $17,400
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 | $9,754 | $345,844 | -- | -- |
| 2023 | $9,225 | $314,404 | $0 | $0 |
| 2022 | $7,900 | $285,822 | $0 | $0 |
| 2021 | $7,486 | $281,652 | $99,000 | $182,652 |
| 2020 | $7,000 | $261,763 | $99,000 | $162,763 |
| 2019 | $6,624 | $255,163 | $92,400 | $162,763 |
| 2018 | $5,761 | $195,220 | $67,342 | $127,878 |
| 2017 | $5,338 | $177,473 | $61,220 | $116,253 |
| 2016 | $5,027 | $159,671 | $0 | $0 |
| 2015 | $4,665 | $145,155 | $0 | $0 |
| 2014 | -- | $91,980 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | For Sale | $750,000 | -- | $316 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $167,000 | Attorney | |
| Trustee Deed | $130,000 | None Available | |
| Warranty Deed | $103,000 | -- | |
| Deed | $60,100 | -- | |
| Warranty Deed | $98,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,000 | Negative Amortization | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $11,000 | Stand Alone Second | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $94,000 | Purchase Money Mortgage |
Source: BeachesMLS
MLS Number: R11070751
APN: 38-43-44-27-01-028-0060
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