$525,000
Lake Worth Beach, FL 33460
MLS# R10759186
Status: Closed
2584 sqft
1 / 62
Property Description
Bring your investors to see this amazing opportunity, 50' x 135' lot with 3-unit income. CBS construction, Unit 1 & 3 is a 2/1, Unit 2 is a 1/1, paved 6 space parking. Tenant occupied with leases, washer / dryer, a/c & hot water in each unit, 3 meters, 1 water meter, roof 5 years. Call Listing Agent for 24hr notice to show.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-11-16
Status: Closed
Original List Price: 535800
Sold Price: $525,000
Current Price: $525,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Multiple Offers Accepted: Yes
Special Assessment YN: No
Street Number: 721
Street Direction Prefix: S
Street Name: B
Street Suffix: Street
Unit Number: 1
State Or Province: FL
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5630
Parcel Number: 38434421152370100
Zoning: SF-R(c
Directions: East of I95, South of 6th Ave S
General Property Information
Number Of Units Total: 3
Living Area Main: 2280
Lot Size Dimensions: 50 x 135
Gated Community YN: No
Lot Size Area: 6753
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Triplex
Building Area Main: 2584
Building Area Source: Public Records
Year Built: 1976
Lot Size Acres: 0.16
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2022-03-12T14:29:43Z
Major Change Type: Status Change
Status Change Date: 2022-03-12
Under Contract Date: 2021-12-20
Close Date: 2022-03-10
Close Price: 525000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
View
Garden: 1
Heating
Central Individual: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sidewalks: 1
Road Frontage Type
West of US-1: 1
Public Road: 1
Roof
Flat: 1
Tar/Gravel: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 13900
Gross Income: 40080
Net Operating Income: 26180
Source Of Expenses
Owner Provided: 1
Cooling
Central Individual: 1
Showing Requirements
Occupied: 1
Restrictions
No Restrictions: 1
Storm Protection
Other Protection: Complete
Tax Information
No Homestead: 1
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Contingencies
Appraisal: 1
Financing: 1
Inspection: 1
Unit 1 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1200
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 780
Unit 1 Lease Description
Lease Expiration: 2022-04-09
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 940
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 680
Unit 2 Lease Description
Lease Expiration: 2022-01-15
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1200
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 780
Unit 3 Lease Description
Lease Expiration: 2022-04-01
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 230.26
Original List Price To Close Price: 1.02
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 5485.04
Tax Year: 2021
Tax Legal Description: TOWN OF LAKE WORTH LOT 10 BLK 237
Originating Details
Originating System Key: 20211115161536600829000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s); Deposit - Security
Electric: Three Phase
Fencing: Fenced
Flooring: Ceramic Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Individual
Heating: Central Individual
Listing Terms: Cash; Conventional
Lot Features: Sidewalks
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Road Frontage Type: West of US-1; Public Road
Roof: Flat; Tar/Gravel
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: No Homestead
Utilities: Sewer Available; Water Available
View: Garden
Water Access: None
Water Source: Public
Showing Requirements: Occupied
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Dryer; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Contingencies: Appraisal; Financing; Inspection
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Schelling & Associates Prof RE
Last Updated: August - 06 - 2026
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