$360,000
Lake Worth, FL 33462
MLS# R10894260
Status: Closed
944 sqft
1 / 8
Property Description
DOUBLE LOT!!!! Attention investors and developers, this is the deal of the year. 0.3 miles to intracoastal. Existing duplex, recent work done including interior/exterior paint and new appliances. This duplex is situated on a double lot! Cash flow immediately with two units ready to rent with the potential for the development of additional unit(s) or even the possibility of subdividing. Great Airbnb potential or live in one side and rent the other! This will not last long, submit your offers ASAP!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-06-02
Status: Closed
Original List Price: 399900
Sold Price: $360,000
Current Price: $360,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Postal Zip: 33462
Geographic Area: PB12
Multiple Offers Accepted: Yes
Special Assessment YN: No
Country: United States
Street Number: 7871
Street Name: Terrace
Street Suffix: Road
State Or Province: FL
Postal Code: 33462
Subdivision Name: TROPICAL TERRACE
Area: 4320
Parcel Number: 00434510070000870
Zoning: Multi Family
Directions: Gateway East off of I95, N on Federal
General Property Information
Number Of Units Total: 2
Living Area Main: 944
Lot Size Dimensions: 100X100
Gated Community YN: No
Lot Size Area: 10000
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 944
Building Area Source: Public Records
Year Built: 1955
Lot Size Acres: 0.23
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-11-10T17:53:35Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-11T21:19:36Z
Status Change Date: 2023-11-10
Under Contract Date: 2023-08-21
Close Date: 2023-10-13
Close Price: 360000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Duplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Sewer
Septic Tank: 1
Heating
Window/Wall: 1
Water Access
None: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Fruit Tree(s): 1
Room for Pool: 1
Roof
Composition: 1
Other: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 0
Source Of Expenses
Other: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Schedule Online: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 472
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 472
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 381.35
Original List Price To Close Price: 1.11
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 2846
Tax Year: 2022
Tax Legal Description: TROPICAL TERRACE LTS 87 & 88
Originating Details
Originating System Key: 20230602153549793923000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Electric: Three Phase
Flooring: Ceramic Tile
Property Condition: Resale
Structure Type: Duplex
Tenant Pays: Cable TV; Electricity; Water
Source Of Expenses: Other
Construction Materials: Block; CBS
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash; Conventional
Lot Features: Fruit Tree(s); Room for Pool
Restrictions: No Restrictions
Roof: Composition; Other
Sewer: Septic Tank
Storm Protection Details: None
Tax Information: City/County
Water Access: None
Showing Requirements: Schedule Online
Unit 1 Appliances: Range; Refrigerator
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Realty ONE Group Innovation
Last Updated: August - 06 - 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.
