$485,000
Sold · October 21, 2025
1204 Mathis Street
Lake Worth, FL 33461
Explore the area: Lake Worth homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $485,000
- Vs. list price
- 3% under
- Days on market
- 344
- Price per sq ft
- N/A
This commercial property in ZIP 33461 sold for $485,000 on October 21, 2025. That was 3% below its final list price of $499,900. It first came on the market at $599,900, so the price was adjusted before it sold. It spent 344 days on the market.
Listing Snapshot
- Sold Price
- $485,000
- Sold On
- October 21, 2025
- Days on Site
- 344 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.88 Acres
- Year Built
- 1958
- Property Type
- Commercial
- MLS #
- F10465739
- Property Tax
- $5,088 (2023)
- County
- Palm Beach
- Status
- Sold
About This Property
.88 ACRE PARCEL HERE JUST NEXT TO ATLANTIS. CURRENTLY ZONED MULTIFAMILY RESIDENTIAL WHICH ALLOWS YOU TO BUILD UP TO 9 UNITS ON THIS LAND. LAND CURRENTLY BOASTS 2 LIVING UNITS. FIRST UNIT IS A 2 BEDROOM 1 BATHROOM, SECOND UNIT IS A STUDIO UNIT. BOTH TENANT OCCUPIED AT MONTH MONTH. PLEASE DO NOT DISTURB TENANTS. LAND IS ALSO LARGE ENOUGH TO PARK ALL YOUR WORK TRUCKS ON SITE! LIVE IN ONE OF THE UNITS, RENT THE OTHER OUT, AND PARK ALL OF YOUR TRUCKS/EQUIPMENT ON THE PROPERTY! THIS LOT IS REALLY A JACK OF ALL TRADES WITH ENDLESS POSSIBILITIES! STUDIO IS RECENTLY RENOVATED AND IS CURRENTLY BEING RENTED AT $1300 PER MONTH AND THE 2 BEDROOM UNIT IS CURRENTLY BEING RENTED AT $2500 PER MONTH AND IS NEED OF A FULL REMODEL. THIS IS BEING SOLD FOR LAND VALUE. DO NOT DISTURB TENANTS. ALL OFFERS TO BE EMAILED ON AS IS FAR BAR FORM. ATTACHED SELLERS ADDENDUM MUST BE INCLUDED OR OFFER WILL NOT BE CONSIDERED.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 1958
- Property Condition
- Resale
- Number of Stories
- 1
- Lot Size (Acres)
- 0.88
- Zoning
- RM
Exterior Features
- Construction
- Block / Wood Siding
- Roof
- Composition / Shingle
Community & HOA
- MLS Area
- 5700
About the Area
Lake Worth homes for sale start under $350K, well below Palm Beach and Boca Raton entry points. The city, officially renamed Lake Worth Beach in 2019, sits on the Intracoastal with ocean access 2 miles east via A1A. Most of the housing stock is 1950s to 1980s bungalow: 3-bedroom homes in the core grid sell from $325K to $550K. Intracoastal properties start at $900K. The downtown Federal Highway corridor added 30+ businesses since 2018. Bryant Park has a pool, tennis courts, and a public boat ramp. Palm Beach International Airport is 8 miles north. I-95 is within 2 miles of most addresses.
- Homes for Sale
- 661
- Under Contract
- 224
- Median List Price
- $419,900
- Median Sale Price (September)
- $499,950
- Median $/Sq Ft
- $250
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 1204 Mathis Street, Lake Worth, FL 33461?
- Use the Tour button on this listing to request a showing of 1204 Mathis Street, Lake Worth, FL 33461. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1204 Mathis Street, Lake Worth, FL 33461 still available?
- 1204 Mathis Street, Lake Worth, FL 33461 is currently listed as Sold, and has been on the market 344 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1204 Mathis Street, Lake Worth, FL 33461?
- With 20% down ($99,980) on the $499,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1204 Mathis Street, Lake Worth, FL 33461 is about $2,627/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1204 Mathis Street, Lake Worth, FL 33461?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1204 Mathis Street, Lake Worth, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1204 Mathis Street, Lake Worth, FL 33461?
- Often, yes. The right offer on 1204 Mathis Street, Lake Worth, FL 33461 depends on how it's priced against comparable commercial sales in Lake Worth, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Trans Global Realty, Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$485,000
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Listed by Eric R Nathanson, Trans Global Realty, Inc.
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Recent Sales
Recently sold homes in ZIP 33461
These are the last 6 recorded closings in ZIP 33461, with the price each home actually sold for rather than what it was listed at. They closed at a median of $295 per square foot. The most recent closed on October 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$582,500
Sold · October 12, 2026
4329 Kirk Road
4 bed · 2 bath · 1,892 sqft · $308/sqft
$16,500 under the asking price
Sold$385,000
Sold · October 9, 2026
3114 FRENCH Avenue
3 bed · 1 bath · 1,306 sqft · $295/sqft
$60,000 over the asking price
Sold$60,000
Sold · October 7, 2026
2687 N Garden Drive 204
2 bed · 2 bath · 1,080 sqft · $56/sqft
$9,000 under the asking price
Sold$445,000
Sold · October 6, 2026
1427 Crest Drive
3 bed · 2 bath · 1,218 sqft · $365/sqft
Sold$320,000
Sold · October 6, 2026
189 Morgans Way
4 bed · 1.5 bath · 1,178 sqft · $272/sqft
$29,000 under the asking price
Sold$120,000
Sold · October 5, 2026
4919 Freedom Circle
2 bed · 1 bath · 540 sqft · $222/sqft
$19,900 under the asking price
See every recorded sale in ZIP 33461 or find out what your ZIP 33461 home is worth.
