1229 S M Street

Lake Worth Beach , FL 33460

MLS#: R11080470

$480,000

Status: Active
Listing number: R11080470
Listing provided by: RPM LUXE REALTY
Listing agent phone: None
Last update: 2 days ago
On site: 4 months ago
Browse Properties
LAKE WORTH TOWN OF ADD 1 - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1957

Sq.Footage

1,246

Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as-is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Other

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    Other, Water

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $480,000

  • Tax Amount

    7883.0

  • Zoning

    SF-R(c

  • Sq. Footage

    1, 246

  • Price/SqFt

    $385

HOA

  • Association

    YES

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

Middle School

High School

Listing Courtesy of Rodger Morelli , RPM LUXE REALTY

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Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as-is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.

1229 S M Street

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