$165,000
Lake Worth Beach, FL 33460
MLS# R10203894
Status: Closed
1682 sqft
1 / 9
Property Description
Four unit investment property located steps to Downtown, Tri-rail, Publix and the Highway. Possible uses could be College Student Housing as Palm Beach State is within 2 miles of this property; Air BNB rentals; Bed and Breakfast; Or ordinary rental property. Rents are commensurate with property condition. With a little bit of work rents can be much higher. There are 2 adjacent 4 unit and 10 unit buildings for sale as well. So the potential of acquiring 18 units is an option. Call for more information to see if this will fit your Investment Portfolio.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2016-02-01
Status: Closed
Original List Price: 250000
Sold Price: $165,000
Current Price: $165,000
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
Street Number: 219
Street Direction Prefix: N
Street Name: H
Street Suffix: Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: Tropical Ridge
Area: 5620
Parcel Number: 38434421150560230
Zoning: MU-DIXIE
Directions: Dixie Hwy to 3rd Ave North, Turn West to ''H'' Street, then south to property on West side of Street
General Property Information
Number Of Units Total: 4
Living Area Main: 1426
Lot Size Area: 0.15
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1682
Building Area Source: Owner
Year Built: 1928
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2016-08-18T14:39:48Z
Major Change Type: Status Change
Price Change Timestamp: 2016-06-03T21:49:03Z
Status Change Date: 2016-08-18
Under Contract Date: 2016-07-26
Close Date: 2016-08-17
Close Price: 165000
Association Amenities
Jogging Path: 1
Playground: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
Aluminum Siding: 1
Other: 1
Listing Terms
Cash: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 9413
Gross Income: 25463
Net Operating Income: 16050
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Occupied: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Unit 1 Details
Actual Rent: 565
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 0
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 600
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 0
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
On Street: 1
Unit 3 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 0
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
On Street: 1
Unit 4 Details
Actual Rent: 0
Efficiency YN: Yes
SqFt: 0
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 115.7
Original List Price To Close Price: 1.51
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 3539
Tax Year: 2015
Tax Legal Description: TOWN OF LAKE WORTH LTS 23 & 24 BLK 56
Originating Details
Originating System Key: 20160201163520451244000000
Originating System ID: M00000170
Property Features
Association Amenities: Jogging Path; Playground
Documents Available: Copy Of Lease(s)
Exterior Features: None
Flooring: Ceramic Tile
Property Condition: Resale
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: Aluminum Siding; Other
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: On Street
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: On Street
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: On Street
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Higher Standards Real Estate
Last Updated: August - 06 - 2026
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