$368,000
Lake Worth Beach, FL 33460
MLS# R10554566
Status: Closed
1958 sqft
1 / 10
Property Description
Excellent Location - 4 Unit Legal Apartment Building - Well Maintained This mission revival style fourplex has an excellent corner location one block from Lake Avenue. There are four (4) one bedroom, one bathroom units. The building is fully occupied and the tenants are long term. The total monthly rent is $3,500. Taxes are $5,831 per year. Insurance is $3,753 per year. Utilities (water and main electric) averages $230 per month. Tenants pay their own electric. There is an outside common laundry with a commercial washer and dryer. This investment property is easy to maintain and operate. All units have been updated. There is plenty of ''on and off'' street parking.
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: 561-308-2539
Listing Date: 2019-08-15
Status: Closed
Original List Price: 399000
Sold Price: $368,000
Current Price: $368,000
Listing Service: Limited Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Street Number: 101
Street Direction Prefix: S
Street Name: D Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: Lake Worth Town
Area: 5630
Parcel Number: 38434421150630171
Zoning: SFTF14
Directions: I 95 to 6th Avenue South, Exit East, Go to D Street, Left turn. Go to 1st Avenue, Building on left (corner).
General Property Information
Number Of Units Total: 4
Living Area Main: 1800
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1958
Building Area Source: Public Records
Year Built: 1926
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2019-11-18T14:21:36Z
Major Change Type: Status Change
Status Change Date: 2019-11-18
Under Contract Date: 2019-11-04
Close Date: 2019-11-18
Close Price: 368000
Association Amenities
None: 1
Flooring
Laminate: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Other: 1
Water Access
None: 1
Window Features
Storm Window(s): 1
Construction Materials
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sidewalks: 1
Roof
Built-Up: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 312000
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Owner: 1
Pets Allowed
Number Limit: 1
Pet Details
Maximum Number Of Pets: 1
Restrictions
Other Restrictions: 1
Tax Information
Other Exemption: 1
Outdoor Living Spaces
Deck: 1
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Unit 1 Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 450
Unit 1 Lease Description
Lease Expiration: 2020-07-31
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 450
Unit 2 Lease Description
Lease Expiration: 2020-07-31
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Unit 3 Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 450
Unit 3 Lease Description
Lease Expiration: 2020-07-31
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 3 Parking Features
Parking Space: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Dishwasher: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 1
SqFt: 450
Unit 4 Lease Description
Lease Expiration: 2020-07-31
Unit 4 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 4 Parking Features
Parking Space: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 204.44
Original List Price To Close Price: 1.08
Financial Information
Tax Annual Amount: 5831
Tax Year: 2018
Tax Legal Description: TOWN OF LAKE WORTH E 65 FT OF LTS 17 & 18 BLK 63
Originating Details
Originating System Key: 20190815201351054036000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Fencing: Fenced
Flooring: Laminate
Property Condition: Resale
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: Frame; Stucco
Cooling: Wall/Window Unit(s)
Heating: Other
Listing Terms: Cash; Conventional
Lot Features: Sidewalks
Pets Allowed: Number Limit
Possession: Close Of Escrow
Restrictions: Other Restrictions
Roof: Built-Up
Sewer: Public Sewer
Tax Information: Other Exemption
Utilities: Electricity Available; Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public
Window Features: Storm Window(s)
Showing Requirements: Call Owner
Outdoor Living Spaces: Deck; Patio
Patio Details: Patio - Open
Unit 1 Appliances: Dryer; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dryer; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen; Laundry Room
Unit 3 Appliances: Dryer; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Dishwasher; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Kitchen
Contingencies: None
Listing Office: Beycome of Florida LLC
Last Updated: August - 06 - 2026
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