$412,827
Lake Worth Beach, FL 33460
MLS# R10376587
Status: Closed
3112 sqft
1 / 7
Property Description
Amazing Quadruplex INVESTMENT opportunity just a block from beautiful downtown Lake Worth! There is strong rental demand in this prime location, making these 1BR units easy to rent. Pick up a coffee at the Starbucks around the corner and stroll through downtown, or walk to the intracoastal or the Publix grocery. Just a half mile walk to the beach! The apartments are spacious and bright, located on a quiet street. Hardwood flooring and central A/C. Fully rented with excellent rent roll. Don't miss out on this ideal combination of location and income opportunity.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2017-10-26
Status: Closed
Original List Price: 490000
Sold Price: $412,827
Current Price: $412,827
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: 26
Street Direction Prefix: S
Street Name: L
Street Suffix: Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Parcel Number: 38434421150230030
Zoning: PO/MF-
Directions: Go east on Lake Avenue. Turn right (south) on L street opposite Starbucks and it is the second building on the left side (east side).
General Property Information
Living Area Main: 2812
Lot Size Dimensions: 50.0 ft x 135.0 ft
Lot Size Area: 6750
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3112
Building Area Source: Public Records
Year Built: 1933
Lot Size Acres: 0.15
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-08-01T13:43:28Z
Major Change Type: Status Change
Status Change Date: 2018-08-01
Under Contract Date: 2018-05-09
Close Date: 2018-07-31
Close Price: 412827
Association Amenities
None: 1
Flooring
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Other Structures
Outbuilding: 1
Shed(s): 1
Possession
Close Of Escrow: 1
Utilities
Cable Available: 1
Electricity Available: 1
Heating
Central: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Income and Expenses
Annual Total Expense: 9100
Gross Income: 45000
Net Operating Income: 35000
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Occupied: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Unit 1 Appliances
Range: 1
Unit 1 Details
Actual Rent: 900
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 6501
Unit 1 Lease Description
Lease Expiration: 2018-08-31
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Unit 2 Details
Actual Rent: 900
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 650
Unit 2 Lease Description
Lease Expiration: 2019-02-08
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Unit 3 Details
Actual Rent: 1050
Baths Full: 1
Beds Total: 1
SqFt: 650
Unit 3 Lease Description
Lease Expiration: 2018-03-15
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Range: 1
Unit 4 Details
Actual Rent: 900
Baths Full: 1
Beds Total: 1
SqFt: 650
Unit 4 Lease Description
Lease Expiration: 2019-03-31
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Parking Space: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 146.8
Original List Price To Close Price: 1.18
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 6217.72
Tax Year: 2016
Tax Legal Description: TOWN OF LAKE WORTH LTS 3 & 4 BLK 23
Originating Details
Originating System Key: 20171023154855167334000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s); Deposit - Security
Flooring: Wood
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer
Source Of Expenses: Owner Provided
Construction Materials: Frame; Stucco
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Other Structures: Outbuilding; Shed(s)
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Utilities: Cable Available; Electricity Available
Water Access: None
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Range
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Range
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Kitchen
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Property Matters LLC
Last Updated: August - 06 - 2026
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