$1,399,900
Lake Worth Beach, FL 33460
MLS# RX-10953668
9 beds | 6 baths | 3780 sqft
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Property Description
Seize a rare and distinctive opportunity to own a lucrative multi-family residential income property nestled on three buildable lots, merely a block away from the intracoastal. The current configuration includes a primary 3-bedroom, 2-bathroom single-family residence, an inviting 2-bedroom, 1-bathroom cottage, and an expansive two 2 bedroom apartment.
Details
Maps
Contract Information
Listing Date: 2024-01-25
Status: Active
Original List Price: 1495000
Auction: No
List Price: $1,399,900
Current Price: $1,399,900
List Price/SqFt: 370.34
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 7
Total Bedrooms: 9
Main Level Bathrooms: 5
Baths - Full: 6
Baths - Total: 6
Property Condition: Resale
Year Built: 1950
SqFt - Total: 4000
SqFt - Living: 3780
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: 10th off of I-95. Head west to Federal turn Left. To 16th and turn rt. To ''OceanBreeze'' - Your directions may tell you ''O STREET!'' (the city renamed it to Ocean Breeze) O Street is N Ocean Breeze
Subdivision: NORTH LAKE WORTH
Development Name: NORTH LAKE WORTH
Legal Desc: NORTH LAKE WORTH LTS 1 TO 3 INC BLK P & ABND 20 FT 17TH AVE N RD R/W LYG S OF & ADJ THERETO
Lot SqFt: 17001
Lot Dimensions: 0.3903
Waterfront: No
Front Exp: West
Private Pool: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location, Tax & Legal
Area: 5600
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434415160640010
Street #: 1702
Street Dir: N
Street Name: Ocean Breeze
State/Province: FL
Zip Code: 33460
Zoning: SFR - SINGLE FA
Tax Year: 2023
Taxes: 16699.6
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Elementary School: North Grade Elementary School
Middle School: Lake Worth Community Middle
High School: Lake Worth High School
Geo Lat: 26.636032
Geo Lon: -80.050275
Office/Member Info
DXORIGMLNO: RX-10953668
DXORIGMLSID: RML
Storm Protection
Other Protection: Complete
Property Features
Design: Multi-Level; Traditional
Construction: CBS; Stucco; Woodside
View: Garden
Waterfront Details: None
Lot Description: 1/4 to 1/2 Acre; Paved Road; Sidewalks
Exterior Features: Auto Sprinkler; Covered Patio; Fruit Tree(s); Open Patio; Room for Pool; Shed
Interior Features: Entry Lvl Lvng Area; Stack Bedrooms
Porch/Patio/Balcony: Patio
Master Bedroom/Bath: Combo Tub/Shower; Separate Shower
Furnished: Unfurnished
Rooms: Cottage; Florida; Laundry-Inside; Maid/In-Law
Parking: Driveway; Open
Subdiv. Amenities: None
Maintenance Fee Incl: None
Restrict: None
Flooring: Carpet; Linoleum; Terrazzo Floor; Wood Floor
Heating: Central; Electric
Cooling: Ceiling Fan; Central; Electric
Equip/Appl Included: Dryer; Range - Electric; Refrigerator; Washer; Water Heater - Elec
Dining Area: Dining-Living; Formal
Roof: Comp Shingle
Terms Considered: Cash; Conventional; FHA; VA
Utilities: Cable; Electric; Public Sewer; Public Water
Window Treatments: Blinds; Jalousie
Special Info: Sold As-Is
Taxes: County Only
Possession: At Closing; Funding
Supplements
Opportunities of this caliber are exceptionally rare, making this property a unique gem in the market. Not only does it offer immediate cash flow potential, but it also serves as an investment canvas with the flexibility to adapt to different strategies.
Situated just minutes away from upscale shopping, dining, and an array of amenities, this property blends financial potential with lifestyle convenience seamlessly. Act swiftly, as such compelling investment prospects are infrequently available. Uncover the remarkable potential that awaits within this multi-faceted property - a true gem for astute investors and those seeking a unique income-generating residence.
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 18.00 | 12.00 | 18.00 | Main | 12.00 |
| Kitchen | 12.00 | 12.00 | 12.00 | Main | 12.00 |
| Master Bedroom | 16.00 | 14.00 | 16.00 | Main | 14.00 |
Listing Office: KW Reserve Palm Beach
Last Updated: April - 24 - 2024
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
