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$535,000
3421 HI 3431
Lake Worth, FL 33461
MLS# R2634582
Status: Closed
5040 sqft


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Property Description
SIX PLEX IN LAKE WORTH. GREAT POTENTIAL, BRAND NEW ROOF , PROPERTY CONSISTS OF TWO TRI-PLEXES THAT CAN NOT BE DIVIDED, COMMERCIAL LOAN QUAL ONLY. ALL UNITS 2 BEDROOMS 1 BATH , SOLD AS IS W/ RIGHT TO INSPECT. SEPTIC AND AND WELL KEEPS UTILITY COST DOWN , SEPERATE ELECTRIC METERS. NO FINANCE CONTINGENCIES.

Details
Contract Information
Comp Sale YN: No
Listing Date: 2006-03-22
Status: Closed
Original List Price: 549000
Sold Price: $535,000
Current Price: $535,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Postal Zip: 33461
Geographic Area: PB19
Special Assessment YN: No
Country: United States
Street Number: 3421
Street Name: HI
Unit Number: 3431
State Or Province: FL
Postal Code: 33461
Subdivision Name: MODEL LAND CO
Area: 5660
Parcel Number: 00434420010480050
Zoning: MULTI
Directions: 10TH AVE NORTH ,GO WEST OF I-95 , HI ST ON S. SIDE ,EAST OF CONGRESS
General Property Information
Number Of Units Total: 6
Living Area Main: 5040
Lot Size Dimensions: 34000
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
LP/Assessed Value: 2.42
Building Area Main: 5040
Year Built: 1972
Financial Information
Tax Assessed/SOH Value: 227037
Tax Annual Amount: 9390
Tax Year: 2005
Tax Legal Description: 20-44-43, MODEL LAND CO SUB S 54.58 FT OF N 327. 145 FT OF TR 48
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Other
Major Change Timestamp: 2006-03-22T06:00:01Z
Major Change Type: New Listing
Status Change Date: 2006-07-24
Under Contract Date: 2006-07-17
Close Date: 2006-07-18
Close Price: 535000
Association Amenities
None: 1
Flooring
Ceramic Tile: 1
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
Sewer
Septic Tank: 1
Utilities
Electricity Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Roof
Composition: 1
Water Source
Well: 1
Income and Expenses
Annual Total Expense: 14960
Gross Income: 52500
Net Operating Income: 37540
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Pool Size Details
Pool Size (WxL): 0 X 0
Other Leasing Restrictions
Tenant Approval: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 725
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 800
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 725
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 800
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
SqFt: 800
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
SqFt: 800
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 106.15
Original List Price To Close Price: 1.02
Originating Details
Originating System Key: 20130214041652344105000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Flooring: Ceramic Tile
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash
Possession: Close Of Escrow
Other Leasing Restrictions: Tenant Approval
Roof: Composition
Sewer: Septic Tank
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Electricity Available; Water Available
Water Access: None
Water Source: Well
Showing Requirements: Appointment Only; Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Range; Refrigerator
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Range; Refrigerator
Unit 4 Parking Features: Open Parking

IDX
Listing Office: Edward J. Kovach Real Estate

Last Updated: August - 06 - 2026

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