$799,000 Price Analysis   ♡   Lake Worth, FL 33461 5 bed 2 bath 3,051 SqFt ($261/SqFt) 0.93 acre lot. Built 1958 Listed 2024-05-09, Taxes $8,276 | Ⓧ USDA Ineligible due to price & location near Lake Worth |
Exceptional investment opportunity with the potential for further development .
Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently locted within close proximity to commuter routes, these 4 units in need of renovations, offer a potential for steady flow of income.
The possibilities for renovations, expansion, landscaping or additional amenities to increase value.
Presented by Tatiana Theodossis at
Keyes Real Estate, Mortgage, Title - Wellington.
Property MLS #RX-10985836 from BeachesMLSFlex
Bedrooms: 5
Cooling Features: Wall-Win A/C
Heating Features: No Heat
Heating Features: No Heat
Full Bathrooms: 2
Flooring: Tile
Extra Building
Carport Features: 1.00
Carport Spaces: 1
Carport Spaces: 1
Lot Description: 1 to < 2 Acres
Lot Size Acres: 0.9300046
Lot Size Square Feet: 40511
Lot Size Acres: 0.9300046
Lot Size Square Feet: 40511
View: Garden
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Palm Springs Elementary School
High School: Lake Worth High School
Middle School: Lake Worth Community Middle
High School: Lake Worth High School
Middle School: Lake Worth Community Middle
Palm Springs Elementary School is a public elementary school located approximately 1.3 miles away.
Map directions
Map directionsLake Worth High School is a public high school located approximately 2.4 miles away.
Map directions
Map directionsLake Worth Community Middle School is a public middle school located approximately 2.5 miles away.
Map directions
Map directionsGreenacres Christian Academy is a private elementary, middle and high school located approximately 1.4 miles away.
Map directions
Map directionsGross Income: 34200.00
Tenant Pays: Electric
Tenant Pays: Electric
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: Electric Meter, Kitchen
Unit-3 Description: Unit 3 Desc: Electric Meter
Unit-4 Description: Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 1670
Unit-2 Square Feet: 264
Unit-3 Square Feet: 264
Unit-4 Square Feet: 572
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: Electric Meter, Kitchen
Unit-3 Description: Unit 3 Desc: Electric Meter
Unit-4 Description: Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 1670
Unit-2 Square Feet: 264
Unit-3 Square Feet: 264
Unit-4 Square Feet: 572
Annual Tax Amount: 8791.85
Source Listing Status: Active
County: Palm Beach
Directions: Lake Worth Rd to Kirk South, to Allison. Property on the left
Tax Year: 2023
Source Property Type: Residential Income
Area: 5700
Source Neighborhood: PALM BEACH FARMS CO 7
Subdivision: PALM BEACH FARMS CO 7
Zoning: RM
Property Subtype: Quad Plex
Source System Name: C2C
Source Listing Status: Active
County: Palm Beach
Directions: Lake Worth Rd to Kirk South, to Allison. Property on the left
Tax Year: 2023
Source Property Type: Residential Income
Area: 5700
Source Neighborhood: PALM BEACH FARMS CO 7
Subdivision: PALM BEACH FARMS CO 7
Zoning: RM
Property Subtype: Quad Plex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $298,630 | $8,276 |
| 2021 | $unknown + $unknown $271,482 | $7,432 |
| 2020 | $unknown + $unknown $246,802 | $6,980 |
| 2019 | $unknown + $unknown $224,365 | $6,913 |
| 2018 | $unknown + $unknown $203,968 | $5,810 |
| 2017 | $unknown + $unknown $185,425 | $4,960 |
| 2016 | $unknown + $unknown $168,568 | $4,456 |
| 2015 | $unknown + $unknown $153,244 | $4,326 |
| 2014 | $unknown + $unknown $139,313 | $3,952 |
| 2013 | $unknown + $unknown $126,648 | $3,535 |
| 2012 | $unknown + $unknown $123,587 | $3,472 |
| 2011 | $unknown + $unknown $124,608 | $3,546 |
| 2010 | $unknown + $unknown $188,211 | $4,786 |
| 2008 | $unknown + $unknown $227,167 | $6,474 |
| 2007 | $unknown + $unknown $379,367 | $6,932 |
Price Changed 2024-05-13
$799,000
BeachesMLSFlex
Listed 2024-05-09
$800,000
BeachesMLSFlex
Sold 2018-06-26
$55,000
BeachesMLSFlex
Sold 2013-09-23
$175,000
JTHSMLS
Sold 2011-04-04
$56,000
Public Record
Listed 2011-03-31
$49,900
BeachesMLSFlex
Sold 2011-03-31
$55,000
JTHSMLS
Listing removed 2011-03-08
$49,900
JTHSMLS
Price Changed 2011-03-01
$49,900
JTHSMLS
Listed 2011-01-27
$83,000
JTHSMLS
Listed 2011-01-27
$49,900
JTHSMLS
Sold 2004-10-04
$300,000
Public Record
Listed 2004-09-24
$324,900
JTHSMLS
Sold 2003-01-22
$175,000
Public Record
Listed 2003-01-15
$195,000
JTHSMLS
Sold 1990-09-27
$45,000
Public Record
$799,000
BeachesMLSFlex
Listed 2024-05-09
$800,000
BeachesMLSFlex
Sold 2018-06-26
$55,000
BeachesMLSFlex
Sold 2013-09-23
$175,000
JTHSMLS
Sold 2011-04-04
$56,000
Public Record
Listed 2011-03-31
$49,900
BeachesMLSFlex
Sold 2011-03-31
$55,000
JTHSMLS
Listing removed 2011-03-08
$49,900
JTHSMLS
Price Changed 2011-03-01
$49,900
JTHSMLS
Listed 2011-01-27
$83,000
JTHSMLS
Listed 2011-01-27
$49,900
JTHSMLS
Sold 2004-10-04
$300,000
Public Record
Listed 2004-09-24
$324,900
JTHSMLS
Sold 2003-01-22
$175,000
Public Record
Listed 2003-01-15
$195,000
JTHSMLS
Sold 1990-09-27
$45,000
Public Record
Net Operating Income: 22000.00
Operating Expense: 12000.00
Operating Expense: 12000.00
Total Square Feet Living: 3051
Year Built: 1958
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 66
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 3459
Year Built Details: Resale
Year Built: 1958
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 66
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 3459
Year Built Details: Resale
Electric: Yes
Electric
Septic
Water Available
Well Water
Water Source: Well Water
Electric
Septic
Water Available
Well Water
Water Source: Well Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.