$940,000
Lake Worth Beach, FL 33460
MLS# B26068681
1132 sqft
1 / 15
Property Description
Quadruplex offering 2 individual residential units and 2 commercial units in Lake Worth Beach. This 860-square-foot income-producing property presents a solid ownership opportunity with multiple revenue streams. The single-story configuration provides straightforward management and operational efficiency. Positioned in the Lake Worth Town of community, this multi-unit residential and commercial investment is built for practical returns and long-term asset appreciation. Income of $6,650.00 per month. Tenants pay electric.
Details
Maps
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Date: 2026-08-26
Status: Active
Original List Price: 950000
List Price: $940,000
Current Price: $940,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 38
Geographic Area: PB16
Subdivision Number: 15
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 617
Street Direction Prefix: N
Street Name: DIXIE
Street Suffix: Highway
State Or Province: FL
Postal Code: 33460
Postal Code +4: 3041
Subdivision Name: LAKE WORTH TOWN OF
Area: 5620
Elementary School: North Grade K-8
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 38434421151820230
Zoning: MU-DH (city)
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 911
Living Area Main: 860
Living Area Source: Appraiser
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 9
Lot Size Area: 12884
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 1.58
Property Sub Type: Quadruplex
Building Area Main: 1132
Building Area Source: Appraiser
Year Built: 1930
Lot Size Acres: 0.3
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 596046
Assessor Market Value: 596046
Tax Annual Amount: 13687.98
Tax Year: 2025
Tax Legal Description: TOWN OF LAKE WORTH LT 23 (LESS E 5 FT) LT 24 (LESS E 10 FT) & LTS 25 & 26 (LESS E 5 FT RD R/W) BLK 182
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Storage: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Financial Statement: 1
Rent Rolls: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 3
Number Of Separate Electric Meters: 4
Structure Type
Duplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Other Area Details
Living Area Other Structures: 2189
Building Area Other Structures: 2189
Adjusted Area Other Structures: 0
Possession
Other: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Heating
None: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 365
Window Features
Blinds: 1
Construction Materials
Wood Frame: 1
Laundry Features
None: 1
Levels
One: 1
Listing Terms
Cash: 1
Roof
Flat: 1
Shingle: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 20000
Gross Income: 79800
Net Operating Income: 59800
Source Of Expenses
Owner Provided: 1
Cooling
Exhaust Fan: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Pets Allowed YN
No: 1
Restrictions
No Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Appliances
Range: 1
Unit 1 Details
Actual Rent: 1400
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 250
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-11
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Window Coverings: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1550
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 300
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-01-30
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
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 1104.65
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-09-10T12:55:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-10T12:55:31Z
Status Change Date: 2026-08-26
Originating Details
Originating System Key: 20260826165311329721000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deposit - Security; Financial Statement; Rent Rolls
Exterior Features: Storage
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Special Listing Conditions: Standard
Structure Type: Duplex
Tenant Pays: Cable TV; Electricity; Insurance
Source Of Expenses: Owner Provided
Construction Materials: Wood Frame
Cooling: Exhaust Fan; Wall/Window Unit(s)
Heating: None
Laundry Features: None
Levels: One
Listing Terms: Cash
Pets Allowed YN: No
Possession: Other
Restrictions: No Restrictions
Roof: Flat; Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Electricity Available; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Window Features: Blinds
Showing Requirements: Call Listing Agent; Text Listing Agent
Unit 1 Appliances: Range
Unit 1 Other Equipment: Air Conditioning Unit; Window Coverings
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Family Room; Kitchen
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: VIP International Realty LLC
Last Updated: September - 10 - 2026
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