Bought with The Keyes Company
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Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,754 sqft
Price per Sqft $217
Subdivision Town Of Lake Worth
MLS Listing ID RX-10944172
Sold Date 05/09/24
Style Key West
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1931
Annual Tax Amount $7,686
Tax Year 2023
Lot Size 6,752 Sqft
Property Description
Excellent NO HOA single family home with 4 rental units in the back. Lake Worth Beach is the quintessential small beach town, with cafes, live music and is only a short bike ride away from the beautiful Atlantic Ocean. This property is a diamond in the rough but has exceptional income earning potential. The main house comes with a bonus in-law studio that can also be rented, plus a separate building in the back with three additional units that can additionally earn around $6k per month. Main house has new roof, water heater, original wood floors, updated electric and more! There is a lot of new development in Lake Worth to support rental pricing including the restoration of the historic Gulfstream Hotel.
Location
State FL
County Palm Beach
Area 5610
Zoning SFR
Rooms
Other Rooms Family, Laundry-Util/Closet, Storage
Master Bath Mstr Bdrm - Ground, Separate Shower
Interior
Interior Features Closet Cabinets, Decorative Fireplace, Stack Bedrooms
Heating Central
Cooling Ceiling Fan, Central
Flooring Wood Floor
Furnishings Unfurnished
Exterior
Exterior Feature Covered Patio, Room for Pool, Shed
Garage 2+ Spaces, Carport - Detached
Community Features Sold As-Is, Gated Community
Utilities Available None
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Exposure West
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.00
Foundation Frame, Woodside
Construction Status Resale
Schools
Elementary Schools South Grade Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Security Features None
Acceptable Financing Cash
Membership Fee Required No
Listing Terms Cash
Financing Cash
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