$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
Price Check
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.
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.
Customize this estimateListing 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 linkGeneral 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
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 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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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.


