$1,399,900 Price Analysis   ♡   Lake Worth Beach, FL 33460 9 bed 6 bath 3,780 SqFt ($370/SqFt) 0.39 acre lot. Built 1950 Listed 2024-01-25 | Ⓧ USDA Ineligible due to price & location near Lake Worth |
Seize a rare and distinctive opportunity to own a lucrative multi-family residential income property nestled on three buildable lots
Merely a block away from the intracoastal. The current configuration includes a primary 3-bedroom, 2-bathroom single-family residence, an inviting 2-bedroom, 1-bathroom cottage and an expansive two 2 bedroom apartment. Opportunities of this caliber are exceptionally rare, making this property a unique gem in the market. Not does it offer immediate cash flow potential, but it also serves as an investment canvas with the flexibility to adapt to different strategies.
Situated minutes away from upscale shopping, dining and an array of amenities, this property blends financial potential with lifestyle convenience seamlessly. Act swiftly, as such compelling investment prospects are infrequently available. Uncover the remrkable potential that awaits within this multi-faceted property - a true gem for astute investors and those seeking a unique income-generating residence.
Presented by Jeff Tricoli Team at
KW Reserve Palm Beach.
Property MLS #RX-10953663 from BeachesMLSFlex
Full Bathrooms: 6
Heating Features: Central, Electric
Window Features: Blinds, Jalousie
Covered Patio
Fruit Tree(s)
Open Patio
Room for Pool
Shed
Lot Size Acres: 0.3902893
Lot Size Square Feet: 17001
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0
High School: Lake Worth High School
Middle School: Lake Shore Middle School
Map directions Map directions Map directionsTenant Pays: Electric
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: Dryer, Kitchen, Laundry, Range - Electric, Refrigerator, Separate Dining, Washer
Unit-3 Description: Unit 3 Desc: Dryer, Laundry, Patio, Range - Electric, Refrigerator, Stack Bedrooms, Washer
Unit-4 Description: Dryer, Kitchen, Laundry, Range - Electric, Refrigerator, Washer
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 1368
Unit-2 Square Feet: 840
Unit-3 Square Feet: 840
Unit-4 Square Feet: 872
Source Listing Status: Active
County: Palm Beach
Directions: 10th off of I-95. Head west to Federal turn Left. To 16th and turn rt. To ''OceanBreeze'' - Your directions may tell you ''O STREET!'' (the city renamed it to Ocean Breeze) O Street is N Ocean Breeze
Tax Year: 2023
Source Property Type: Residential Income
Area: 5600
List Development Name: NORTH LAKE WORTH
Source Neighborhood: NORTH LAKE WORTH
Subdivision: NORTH LAKE WORTH
Zoning: SF-R(c
Property Subtype: Quad Plex
Source System Name: C2C
$1,399,900
BeachesMLSFlex
Price Changed 2024-02-23
$1,450,000
BeachesMLSFlex
Listed 2024-01-25
$1,495,000
BeachesMLSFlex
Listing removed 2023-12-02
$0
BeachesMLSFlex
Listed 2023-08-08
$1,750,000
BeachesMLSFlex
Listing removed 2021-09-01
$0
BeachesMLSFlex
Price Changed 2021-07-26
$1,495,000
BeachesMLSFlex
Listed 2021-05-14
$1,600,000
BeachesMLSFlex
Year Built: 1950
Construction Materials: CBS, Stucco, Woodside
Living Area Source: Tax Rolls
Property Age: 74
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 2.0
Structure Type: Quadruplex
Total Area Sqft: 4000
Year Built Details: Resale
Cable
Electric
Public Sewer
Public Water
Water Source: Public 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.