$1,250,000
Lake Worth Beach, FL 33460
MLS# B26092508
4564 sqft
1 / 12
Property Description
EXCELLENT INVESTMENT IN AN EXCELLENT LOCATION! THIS IS A WELL MAINTAINED 5 UNIT BUILDING ON 4 LOTS WITH LUSH LANDSCAPING AND BEAUTIFUL OAK TREES WITH 4 -2 BEDROOMS AND 1 -1 BEDROOMS WHICH BRINGS IN EXCELLENT RENTS. THERE HAS BEEN SPECIAL IMPROVEMENTS TO THE BUILDING INCLUDING NEW IMPACT GLASS WINDOWS, NEW CUSTOMIZED ROOF, TANKLESS HOT WATER HEATERS, NEW UPDATED ELECTRICAL SYSTEM, UPGRADES TO THE INSIDE INCLUDING COMPLETE REMODEL IN # 3, COMPLETE PANTING IN 2022, FULLY FENCED IN YARD, AND MANY MORE! THERE IS ALSO COIN LAUNDRY ON THE PREMISES. TRULY A MUST SEE, MAKE OFFER!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-22
Status: Active
Original List Price: 1250000
List Price: $1,250,000
Current Price: $1,250,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Municipality Type: Incorporated
Municipal Code: 38
Postal Zip: 33460
Development Name: Downtown Jewel NA
Geographic Area: PB16
Subdivision Number: 15
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 431
Street Direction Prefix: S
Street Name: M
Street Suffix: Street
Unit Number: 1-5
State Or Province: FL
Postal Code: 33460
Postal Code +4: 4521
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Elementary School: South Grade
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 38434421151570291
Zoning: SF-R (city)
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3896
Living Area Main: 4074
Living Area Source: Public Records
Lot Size Dimensions: 50.0 ft x 0.0 ft
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 5
Lot Size Area: 10129
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 3
Stories: 3
Pool Private YN: No
LP/Assessed Value: 2.08
Property Sub Type: Quadruplex
Building Area Main: 4564
Building Area Source: Public Records
Year Built: 1925
Lot Size Acres: 0.23
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 600721
Assessor Market Value: 817959
Tax Annual Amount: 16066.2
Tax Year: 2025
Tax Legal Description: TOWN OF LAKE WORTH W 1/2 OF LTS 29 & 30 & LTS 31 & 32 BLK 157
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Exterior Features
Courtyard: 1
Outdoor Shower: 1
Other: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Wood: 1
Foundation Details
Block: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Deposit Held: 1
Rent Rolls: 1
Fencing
Back Yard: 1
Fenced: 1
Front Yard: 1
Full: 1
Wood: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: Yes
Separate Water Meters YN: No
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 4
Structure Type
Multi Family: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Other Structures
Gazebo: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Heating
Window/Wall: 1
Water Access
None: 1
Window Features
ENERGY STAR Qualified Windows: 1
Insulated Windows: 1
Storm Window(s): 1
Construction Materials
Frame: 1
Laundry Features
Common Area: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Fruit Tree(s): 1
Irregular Lot: 1
Landscaped: 1
Oversized Lot: 1
Room for Pool: 1
Other Equipment
Call Listing Agent: 1
Road Frontage Type
City Street: 1
Easement: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Gravel: 1
Roof
Composition: 1
Metal: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 22000
Gross Income: 117600
Net Operating Income: 95600
Operating Expense: 22000
Source Of Expenses
Other: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Occupied: 1
Text Listing Agent: 1
Main Living Area
Other Main Living Area: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Pet Details
Pet Fee YN: Yes
Pet Fee: 100
Restrictions
Other Restrictions: 1
Other Leasing Restrictions
Tenant Approval: 1
Storm Protection
Impact Glass: Complete
Tax Information
County Only: 1
Outdoor Living Spaces
Balcony: 1
Courtyard: 1
Patio: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Courtyard Details
Courtyard - Open: 1
Patio Details
Patio - Covered: 1
Porch Details
Porch - Open: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 750
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-31
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1000
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-15
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Family Room: 1
Foyer: 1
Kitchen: 1
Separate Dining: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Other: 1
Unit 3 Details
Actual Rent: 2100
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Hotel Room YN: No
SqFt: 1000
Unit 3 Interior Features
Pantry: 1
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-06-10
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Refrigerator: 1
Other: 1
Unit 4 Details
Actual Rent: 2000
Baths Full: 1
Baths Half: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
SqFt: 1200
Unit 4 Interior Features
Pantry: 1
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Price Calculations
Current Price To SqFt: 306.82
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-10-25T18:47:25Z
Major Change Type: New Listing
Status Change Date: 2026-10-25
Originating Details
Originating System Key: 20261024152818643235000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deposit Held; Rent Rolls
Electric: Three Phase
Exterior Features: Courtyard; Outdoor Shower; Other
Fencing: Back Yard; Fenced; Front Yard; Full; Wood
Flooring: Carpet; Laminate; Tile; Wood
Foundation Details: Block
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Multi Family
Tenant Pays: Cable TV; Electricity; Gas
Source Of Expenses: Other
Construction Materials: Frame
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Window/Wall
Laundry Features: Common Area
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Fruit Tree(s); Irregular Lot; Landscaped; Oversized Lot; Room for Pool
Main Living Area: Other Main Living Area
Other Equipment: Call Listing Agent
Other Structures: Gazebo
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Close Of Escrow
Restrictions: Other Restrictions
Other Leasing Restrictions: Tenant Approval
Road Frontage Type: City Street; Easement
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt; Gravel
Roof: Composition; Metal
Sewer: Public Sewer
Tax Information: County Only
Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available
View: Garden
Water Access: None
Water Source: Public
Window Features: ENERGY STAR Qualified Windows; Insulated Windows; Storm Window(s)
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Occupied; Text Listing Agent
Outdoor Living Spaces: Balcony; Courtyard; Patio; Porch
Balcony Details: Balcony - Open
Courtyard Details: Courtyard - Open
Patio Details: Patio - Covered
Porch Details: Porch - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Family Room; Foyer; Kitchen; Separate Dining
Unit 3 Appliances: Range; Refrigerator; Other
Unit 3 Interior Features: Pantry
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Refrigerator; Other
Unit 4 Interior Features: Pantry
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking; Parking Space
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Coastline Realty, Inc.
Last Updated: October - 25 - 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.
