$145,000
Lake Worth Beach, FL 33460
MLS# RX-10834756
Status: Closed
2 beds | 1.1 baths | 780 sqft
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Property Description
INVESTMENT PROPERTY!! MORE PICTURES COMING SOON! Property has a lease in place until December 22, 2022. Tenant is paying underrated rent $1150 but it can easily go over $1600 a month. giving an investor close to 8% cap rate. The unit can be rented right away, perfect for an investor, complex has a high rent occupancy so it has to be cash or conventional with 25% down payment (verify this with your lender) Please verify all the information with the HOA, tenant schedule is complicated so it will be shown to serious buyers.
Details
Maps
Contract Information
Listing Date: 2022-09-27
Status: Closed
Original List Price: 160000
Auction: No
Sold Price: $145,000
Current Price: $145,000
List Price/SqFt: 205.12
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Condo/Coop
Governing Bodies: Condo
W/D Allowed: Yes
Main Level Bedrooms: 2
Total Bedrooms: 2
Main Level Bathrooms: 1
Baths - Full: 1
Baths - Half: 1
Baths - Total: 1.1
Property Condition: Resale
Year Built: 1979
SqFt - Total: 780
SqFt - Living: 780
SqFt Source: Owner
Guest House: No
Gated Community: No
Homeowners Assoc: Mandatory
HOA/POA/COA (Monthly): 289
Application Fee: 150
Association Deposit: No
Membership Fee Required: No
Directions: 95 to 10th to N A st to 3rd FL
Subdivision: LAPPEENRANTA CONDO
Legal Desc: LAPPEENRANTA VILLAS COND UNIT 202
Waterfront: No
Front Exp: East
Private Pool: No
Unit Floor #: 2
Pets Allowed: Restricted
Pets on Premises: No
Total Floors/Stories: 2
Location, Tax & Legal
Area: 5620
Geo Area: PB16
County: Palm Beach
Parcel ID: 38434421290002020
Street #: 1751
Street Name: 3rd
Street Suffix: Avenue
Street Post Dir: N
Unit #: 202
State/Province: FL
Zip Code: 33460
Zoning: MF-20(
Tax Year: 2021
Taxes: 1951
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: Yes
REO: No
HOPA: No Hopa
Geo Lat: 26.618731
Geo Lon: -80.067051
Office/Member Info
DXORIGMLNO: RX-10834756
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2022-10-06
Sold Date: 2022-11-30
Sold Price: $145,000
Terms of Sale: Cash
Sold Price/SqFt: 185.89
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: CBS
View: Other
Waterfront Details: None
Interior Features: None
Master Bedroom/Bath: None
Furnished: Unfurnished
Rooms: None
Subdiv. Amenities: None
Restrict: Interview Required; Lease OK
Flooring: Ceramic Tile
Heating: Central
Cooling: Central
Equip/Appl Included: Range - Electric; Refrigerator; Water Heater - Elec
Laundry Appliances Included: Washer and Dryer
Terms Considered: Cash; Conventional
Utilities: Electric
Storm Protection: None
Taxes: City/County
Possession: Funding
Contingencies: Financing
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 16.00 | 12.00 | 16.00 | First | 12.00 |
| Kitchen | 8.00 | 7.00 | 8.00 | First | 7.00 |
| Master Bedroom | 13.00 | 10.00 | 13.00 | First | 10.00 |
| Bedroom 2 | 13.00 | 10.00 | 13.00 | First | 10.00 |
Listing Office: Keller Williams Coastal Partners
Last Updated: December - 06 - 2022
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