1229 S M St Lake Worth Beach, FL $ 599,000
1229 S M St
$ 599,000
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1229 S M St

Lake Worth Beach, FL, 33460
$ 599,000
Bedrooms3 Baths0.0 Sq 1,246

Monthly Estimate*

$ 3,981

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Multi-Family Home for sale in Lake Worth Beach, FL for $599,000 with 3 bedrooms. This 1,246 square foot home was built in 1957.

Amazing income & investment opportunity. Currently operating at a 6.5% Cap Rate. This large and updated Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric and plenty of parking. 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 Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% Occupied with great Tenants.

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Multi-Family Active

Price

$ 599,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 6,453

Style

Duplex

Year Built

1957

Town/City

Lake Worth Beach

County/Region

PALM BEACH

MLS | Web ID

F10409307

Features
Exterior
Lot Description Less Than 1/4 Acre Lot
Parking Spaces 0
Construction Type Cbs Construction
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Interior
Heating Description Other
Total Units 2
Flooring Ceramic Floor
Cooling Description Electric Cooling
Cable 1
Stories 1.0000
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General
Rent Includes Lawn Care Trash Removal
Pool Y/N 0
Style Duplex
Property Type Residential Income
Area 5610
Subdivision Name Lake Worth Town Add 01
Section 27
Year Built 1957
Gated Community 0
Type of Property Duplex
Waterfront Property 0
Type of Association None
REO 0
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* Excluded Features
List By
Rpm Luxe Realty

Broker

info@rpmluxe.com

Email

Affordability Calculator

$4,519
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,981
Monthly Property Taxes
$538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2023$599,000 Listed Price

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1229 S M St, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $599,000 with 1,246 sqft. 1229 S M St has 3 bedrooms, 0.0 baths, and was built in 1957. The property's zip code is 33460 which is in Lake Worth Beach, FL