• 1229 S M St Lake Worth, FL 33460

  • $599,000
  • 0
    Bed(s)
  • 0
    Baths
  • 1,246
    Sq Ft

Amazing income & investment opportunity. Currently operating at a 6.5% Cap Rate. This large and updated Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric and plenty of parking. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% Occupied with great Tenants.

Property Type :

Residential Income

Subdivision :

Town Of Lake Worth (south East)

County :

Palm Beach County

Style :

Residential Income

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Property Details

 

Flooring Information

Ceramic Floor

Heating & Cooling

Other

Electric Cooling

Building Information

Year Built: 1957

Total Units: 2

Built: 1957

Construction: Cbs Construction

Roof: Flat Roof With Facade Front,Other Roof

Lot Information

Less Than 1/4 Acre Lot

Property Information

SQ ft: 1,246

SQ ft (Living Area): 1,246

Property Detail: Residential Income

Subdivision: Lake Worth Town Add 01

Listing Price Information

Original List Price: $599,000

Listing Information

Possession: At Closing

Tax Information

Annual Tax: $6,453

Tax Year: 2022

Parcel Number: 38434427010550160

Taxes : Tax Reflects City & County Tax

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1415 S E Street, Lake Worth, FL,33460 $399,000 3 1 936 --
1526 18th Avenue, Lake Worth, FL,33460 $550,000 2 2 1,285 8820 Sqft
1315 15th Avenue, Lake Worth, FL,33460 $250,000 3 1 936 6000 Sqft
1401 15th Avenue, Lake Worth, FL,33460 $250,000 3 1 936 6000 Sqft
416 3rd Avenue, Lake Worth, FL,33460 $239,000 -- -- 4,507 4507 Sqft
1428 S Lakeside Drive #31, Lake Worth, FL,33460 $250,000 1 1 861 --
321 N L Street, Lake Worth, FL,33460 $525,000 2 1 840 5130 Sqft
315 N K Street #1, Lake Worth, FL,33460 $899,000 -- -- 2,688 10125 Sqft
1201 16th Avenue, Lake Worth, FL,33460 $360,000 -- -- 17,500 17500 Sqft
1516 S Lakeside Drive #.., Lake Worth, FL,33460 $175,900 2 2 1,120 --

All listings featuring the "The Greater Fort Lauderdale Realtors" as the source are provided by "The Greater Fort Lauderdale Realtors".This information is not verified for authenticity or accuracy and is not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 19:13

MLS: F10409307
LISTED BY: Rodger Morelli , RPM LUXE REALTY
SOURCE: Greater Fort Lauderdale REALTORS®
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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