$64,000
Lake Worth Beach, FL 33460
MLS# R3241253
Status: Closed
1059 sqft
1 / 1
Property Description
Attention smart investors! Phenomenal deal on a strong, sturdy concrete-block duplex East of Dixie Highway in rapidly appreciating Lake Worth. Now is your lucky chance to grab a bargain priced income-producing property in fantastic condition. Both units are spacious one-bedroom dwellings with attractive durable terrazzo floors, updated kitchens and baths, and large windows all around. The expansive lot offers the opportunity for occupants to have their own private yards... That translates into commanding higher than average rental rates for you as landlord. Off-street parking is another important perk, as well as on-site common area laundry room already equipped with washer and dryer. A huge supermarket sits only one block away. Shops, cafes, and publi... (see supplement for full remarks)
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2011-11-21
Status: Closed
Original List Price: 69900
Sold Price: $64,000
Current Price: $64,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Special Assessment YN: No
Country: United States
Street Number: 1325
Street Direction Prefix: S
Street Name: L
Street Suffix: Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: Lake Worth Town Add 01
Area: 5610
Parcel Number: 38434427010630130
Zoning: Sf-7
Directions: South Dixie Hwy. to 14th Ave. S., turn East. Turn North on South L St.
General Property Information
Number Of Units Total: 2
Living Area Main: 1034
Lot Size Dimensions: 50' x 135'
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1059
Year Built: 1960
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2011-11-21T06:00:01Z
Major Change Type: New Listing
Status Change Date: 2012-03-22
Under Contract Date: 2012-03-09
Close Date: 2012-03-22
Close Price: 64000
Association Amenities
None: 1
Flooring
Terrazzo: 1
Special Information
Sold As-Is: 1
Documents Available
None: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Electricity: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Interior Lot: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 15000
Source Of Expenses
Other: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Listing Agent Must Accompany: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 650
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 517
Unit 1 Parking Features
Parking Space: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 600
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 517
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 61.89
Original List Price To Close Price: 1.09
Financial Information
Tax Annual Amount: 2147
Tax Year: 2010
Tax Legal Description: Lake Worth Town Add 01 Lot:13 Blk:63 Lot SqFt:6749 Frontage: Depth:
Originating Details
Originating System Key: 20130214044905835108000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Fencing: Fenced
Flooring: Terrazzo
Tenant Pays: Electricity; Water
Source Of Expenses: Other
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional; FHA
Lot Features: Interior Lot
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Electricity Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany
Unit 1 Appliances: Range; Refrigerator
Unit 1 Parking Features: Parking Space
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Parking Space
Supplements
Attention smart investors! Phenomenal deal on a strong, sturdy concrete-block duplex East of Dixie Highway in rapidly appreciating Lake Worth. Now is your lucky chance to grab a bargain priced income-producing property in fantastic condition. Both units are spacious one-bedroom dwellings with attractive durable terrazzo floors, updated kitchens and baths, and large windows all around. The expansive lot offers the opportunity for occupants to have their own private yards... That translates into commanding higher than average rental rates for you as landlord. Off-street parking is another important perk, as well as on-site common area laundry room already equipped with washer and dryer. A huge supermarket sits only one block away. Shops, cafes, and public transportation are within walking distance too. Such a convenient location keeps tenants happy. This is an easy-to-own high yield asset you'll be very glad you bought.
Listing Office: Pier Group
Last Updated: August - 06 - 2026
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