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$696,500
3482 S 48th Lane S
Lake Worth, FL 33461
MLS# A11245740
Status: Closed
3898 sqft


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Property Description
Professionally Maintained and Managed Quadplex. Each unit is 3 bedroom 1 bathroom. home. Features updated exterior paint as well as an updated interior throughout. Kitchen is updated and features newer appliances. The home is currently occupied with tenants and can be purchased to wait out the lease or as a turnkey investment property.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2022-07-21
Status: Closed
Original List Price: 724900
Sold Price: $696,500
Current Price: $696,500
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Postal Zip: 33461
Geographic Area: PB19
Subdivision Number: 1
Flood Zone: X
Country: United States
Street Number: 3482
Street Direction Prefix: S
Street Name: 48th
Street Suffix: Lane
Street Direction Suffix: S
State Or Province: FL
Postal Code: 33461
Postal Code +4: 5512
Subdivision Name: PALM BEACH FARMS CO 7
Area: 5690
Elementary School: Barton
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 00434430011210021
Zoning: RM
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3898
Living Area Main: 3898
Parking Total: 8
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3898
Year Built: 1978
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-09-08T01:54:02Z
Major Change Type: Status Change
Status Change Date: 2022-09-08
Under Contract Date: 2022-08-09
Close Date: 2022-09-07
Close Price: 696500
Flooring
Tile: 1
Documents Available
Copy Of Lease(s): 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Income and Expenses
Gross Income: 5005
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33461
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 1329
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 850
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 1159
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 850
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 1275
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 850
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Actual Rent: 1242
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 850
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 178.68
Section Details
Parcel Number MLX: 0021
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 10006
Tax Year: 2021
Tax Legal Description: PALM BEACH FARMS CO PL NO 7 W 172 FT OF LT B BLK 121
Originating Details
Originating System Key: 372220454
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Rent Rolls
Flooring: Tile
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Shingle
Sewer: Septic Tank
Utilities: Cable Available
Showing Requirements: Appointment Only; Call Listing Agent
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Parking Features: Parking Space
Unit 4 Parking Features: Parking Space
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot

IDX
Listing Office: EXP Realty LLC
Source MLS Verified

Last Updated: November - 15 - 2026

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