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3088 Prince Drive, Lake Worth, FL 33461
Active
82 Days on Market
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$530,000

3088 Prince Drive

Lake Worth, FL 33461

Palm Beach Farms Co Place

Explore the area: Lake Worth homes for sale · Palm Beach County real estate

How this price compares

List price
$530,000
Price per sq ft
$294
Original price
$575,000
Days on market
82

This multi-family property in ZIP 33461 is listed at $530,000, or $294 per square foot. The asking price has come down 7.8% from its original $575,000. It has been on the market for 82 days.

0
Bedrooms
0
Bathrooms
1,800
Living Sq Ft
1960
Year Built

Estimated monthly payment

$2,785 /mo

Principal and interest only, based on $106,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$530,000
Days on Site
82 Days
Bedrooms
0
Total Baths
0
Living Area
1,800 sqft
Total Sq Ft
2,000 sqft
Year Built
1960
Property Type
Multi-Family
MLS #
B26055335
Property Tax
$7,743 (2025)
Subdivision
Palm Beach Farms Co Place
County
Palm Beach
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

BRAND NEW ROOF!! Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow. BOTH TENANTS ON MONTH TO MONTH. Backyard is all pavers eliminates rear lawn maintenance, Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1960
Property Condition
Resale
Number of Stories
1
Levels
One
Living Sq Ft
1,800
Total Sq Ft
2,000
Sewer
Public Sewer
Water Source
Public
Zoning
RM

Interior Features

Cooling
Central Air / Ceiling Fans / Wall Window Units
Heating
Central / Separate Meters
Flooring
Ceramic Tile / Tile
Laundry
Washer Hookup / Electric Dryer Hookup / Inside / Laundry Room

Exterior Features

Construction
Block / Frame
Roof
Composition / Shingle
Exterior Features
Storage

Community & HOA

Utilities
Cable Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA
Restrictions
No Restrictions / Ok To Lease
MLS Area
5700

Schools

Elementary School
Barton
Middle School
Lake Worth
High School
Lake Worth

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
View all 661 homes for sale in Lake Worth →
How do I schedule a tour of 3088 Prince Drive, Lake Worth, FL 33461?
Use the Tour button on this listing to request a showing of 3088 Prince Drive, 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 3088 Prince Drive, Lake Worth, FL 33461 still available?
3088 Prince Drive, Lake Worth, FL 33461 is currently listed as Active, and has been on the market 82 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 3088 Prince Drive, Lake Worth, FL 33461?
With 20% down ($106,000) on the $530,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3088 Prince Drive, Lake Worth, FL 33461 is about $2,785/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 3088 Prince Drive, Lake Worth, FL 33461?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3088 Prince Drive, Lake Worth, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 3088 Prince Drive, Lake Worth, FL 33461?
3088 Prince Drive, Lake Worth, FL 33461 is zoned for Barton (elementary), Lake Worth (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3088 Prince Drive, Lake Worth, FL 33461?
Often, yes. The right offer on 3088 Prince Drive, Lake Worth, FL 33461 depends on how it's priced against comparable multi-family 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 The Keyes Company

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 23, 2026.

$530,000

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Listed by Michael J Johnston, The Keyes Company

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