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Multifamily in Lake Worth Beach, FL 33460Lake Worth Town, 1229 S M St #1
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OFF MARKET
Beds
1,246
SqFt$385
$/SqFtPremium Multifamily
Built in 1957
Other,Water View
Room For Pool
Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as-is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.
MLS Number: R11080470
On Site: 527 Days
Updated: 344 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: RoomForPool
- View: Other,Water
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1957
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-04-10T18:38:47.000-00:00
Taxes, Fees & More
- Maintenance Includes: Insurance, MaintenanceGrounds, Sewer, Trash, Water
- Taxes: 7883
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Current
$480K
High
$565K
Low
$480K
Total Change
-15%Date
Event
Price
Change
Price Per
04/29/2025
Price Reduced
$480K
-8.57%$385 ft2
$4,147 m2
04/15/2025
Price Reduced
$525K
-7.08%$421 ft2
$4,535 m2
04/10/2025
Listed
$565K
$453 ft2
$4,881 m2
04/29/2025
$480K
Event
Price Reduced
Change
-8.57%Price Per
$385 ft2
$4,147 m2
04/15/2025
$525K
Event
Price Reduced
Change
-7.08%Price Per
$421 ft2
$4,535 m2
04/10/2025
$565K
Event
Listed
Price Per
$453 ft2
$4,881 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Rodger Morelli • RPM LUXE REALTY • Buyer Agency Compensation .
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Scores
67
100
95
100
73
100
1
100
34
100
8
100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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