$1,150,000
Lake Worth Beach, FL 33460
MLS# RX-10985148
2380 sqft
1 / 37
Property Description
Completely renovated charming quadplex close to the vibrant downtown area of Lake Worth Beach and 1.4 miles to the ocean. Each of the four 1 bedroom, 1 bath units have new kitchens & baths, appliances, flooring, paint, light fixtures and fans. Each apartment has a spacious 575-615 sq/ft of living area and are light and bright. This is located in a quiet neighborhood and has 6 off street parking spaces. 3 of the 4 spaces have been operating with STR's and it comes fully furnished and turnkey - featuring a roof installed with hurricane clips in June 2022 and impact certified building openings. Each unit has separate electric and water meters and there is coin laundry on site in an enclosed laundry room. Downtown Lake Worth Beach is ideally located 15 minutes from PBI and booming
Details
Maps
Documents
Contract Information
Listing Date: 2024-05-06
Status: Active
Original List Price: 1150000
Auction: No
List Price: $1,150,000
Current Price: $1,150,000
List Price/SqFt: 483.19
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Year Built: 1925
Number of Stories: 2
SqFt - Total: 2460
SqFt - Living: 2380
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: K Street, North of 6th, South of Lake.
Subdivision: LAKE WORTH BEACH
Lot SqFt: 6752
Lot Dimensions: .1550
Waterfront: No
Private Pool: No
Pets on Premises: No
Total Assessed Value: 627949
LP Per ASV: 1.83
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 5610
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434421151550090
Street #: 414
Street Dir: S
Street Name: K
Street Suffix: Street
State/Province: FL
Zip Code: 33460
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: TOWN OF LAKE WORTH LTS 9 & 10 BLK 155
Zoning: SFR-MF
Tax Year: 2023
Taxes: 15746.6
Special Assessment: No
Elementary School: South Grade Elementary School
Middle School: Lake Worth Community Middle
High School: Lake Worth High School
Geo Lat: 26.610441
Geo Lon: -80.055292
Office/Member Info
DXORIGMLNO: RX-10985148
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 575
Monthly Income: 2937
Unit 2 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 575
Monthly Income: 2940
Unit 3 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 615
Monthly Income: 2258
Unit 4 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 615
Monthly Income: 1650
Income & Expenses
Gross Operating Inc: 111500
Annual Total Expense: 37316
Annual Net Oper Inc: 74184
Storm Protection
Impact Glass: Complete
Property Features
Source of Expenses: Owner
Construction: Frame; Stucco
Waterfront Details: None
View: Garden
Unit 1 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 2 Parking: Space Parking
Unit 3 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 3 Parking: Space Parking
Unit 4 Desc: A/C Unit; Kitchen; Range - Electric; Refrigerator
Unit 4 Parking: Space Parking
Lot Description: < 1/4 Acre; Paved Road; Sidewalks
Exterior Features: Exterior W/D Hookup; Fence; Fruit Tree(s); Open Balcony; Open Patio
Subdiv. Amenities: None
Maintenance Fee Incl: None
Tenant Pays: None
Restrict: None
Flooring: Ceramic Tile; Vinyl Floor
Cooling: Electric; Wall-Win A/C
Heating: No Heat; Window/Wall
Roof: Tar/Gravel
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Window Treatments: Blinds; Impact Glass
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Accounting
Possession: At Closing
Supplements
downtown West Palm Beach which is adding millions of sq/ft of class A office and driving thousands of people into a very limited supply of affordable housing. This will continue to drive rents and housing pricing for the unforeseeable future!
Income 
Listing Office: Acquire Palm Beach LLC
Last Updated: May - 14 - 2024
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 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Tuesday 14th of May 2024 05:23 PM