$505,000
Lake Worth, FL 33461
MLS# B26064305
Status: Closed
1848 sqft
1 / 22
Property Description
Investor opportunity! Income-producing duplex with tenants currently in place at below-market rents, offering excellent upside potential. This solid multifamily property is ideal for investors looking to increase cash flow through renovations and future rent adjustments. The property requires updating and is priced accordingly, making it a great value-add investment. Conveniently located in the heart of Lake Worth with easy access to major roads, shopping, schools, and dining. Don't miss this chance to add a high-potential duplex to your portfolio.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-08-12
Status: Closed
Original List Price: 519900
Sold Price: $505,000
Current Price: $505,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 70
Geographic Area: PB19
Subdivision Number: 0
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 4301
Street Name: Lakewood
Street Suffix: Road
State Or Province: FL
Postal Code: 33461
Postal Code +4: 3440
Subdivision Name: n/a
Area: 5690
Elementary School: Clifford O. Taylor / Kirklane
Middle Or Junior School: L. C. Swain
High School: John I. Leonard
Parcel Number: 70424424000005232
Zoning: RM (city)
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 1800
Living Area Main: 1764
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 4
Lot Size Area: 9309
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 1
Stories: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.5
Property Sub Type: Duplex
Building Area Main: 1848
Building Area Source: Public Records
Year Built: 1973
Lot Size Acres: 0.21
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 336493
Assessor Market Value: 336493
Tax Annual Amount: 7180.58
Tax Year: 2025
Tax Legal Description: 24-44-42~ S 84.74 FT OF N 1316.74 FT OF W 130 FT OF E 1/2 OF E 1/2 OF NW 1/4 OF SE 1/4 (LESS E 20 FT RD R/W)
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2026-11-01T20:37:17Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-14T18:13:20Z
Status Change Date: 2026-11-01
Under Contract Date: 2026-08-21
Close Date: 2026-09-30
Close Price: 505000
Exterior Features
None: 1
Flooring
Tile: 1
Vinyl: 1
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Short Term Rentals Allowed: 1
Property Condition
Resale: 1
Special Information
Sold As-Is: 1
Special Listing Conditions
Standard: 1
Documents Available
None: 1
Fencing
Back Yard: 1
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Electric Meters: 2
Number Of Separate Water Meters: 2
Structure Type
Duplex: 1
Tenant Pays
Electricity: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Water Not Available: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Water Access
None: 1
Construction Materials
CBS: 1
Stucco: 1
Laundry Features
Laundry Room: 1
See Remarks: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Occupied: 1
Text Listing Agent: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
No Homestead: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
Financing: 1
Inspection: 1
Unit 1 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 882
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-11
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Laundry Room: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 882
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-11
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Laundry Room: 1
Price Calculations
Current Price To SqFt: 294.72
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20260811201416136716000000
Originating System ID: M00000170
Property Features
Documents Available: None
Exterior Features: None
Fencing: Back Yard; None
Flooring: Tile; Vinyl; Wood
Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Duplex
Tenant Pays: Electricity; Water
Construction Materials: CBS; Stucco
Cooling: Ceiling Fan(s); Central Air; Central Individual
Heating: Central
Laundry Features: Laundry Room; See Remarks
Levels: One
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County; No Homestead
Utilities: Electricity Available; Water Not Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Text Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Laundry Room
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Laundry Room
Contingencies: Financing; Inspection
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Nest Seekers Florida, LLC
Last Updated: November - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
