Lake Worth Town, 1229 S M St Lake Worth Beach, FL 33460

564,999(-7.08% )
$525,000Price
1,246SqFt

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Details

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Status:
Active
Size: 1,246 ft2 / 116 m2
Price: $421 ft2 / $4,535 m2
Type: Multi Family
Built: 1957
HOA: N/A
MLS Number: R11080470
View: Other,Water
On Site: 8 Days
Updated: 2 Days ago
Page Views: 0
Amazing income & investment opportunity. Currently operating at a 7% cap rate. This large and updated duplex is 2 bedrooms / 2 bath on one side and 1 bedroom 1 bath on the other, separate electric and plenty of parking. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in eastlake worth beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more. Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% occupied with great tenants.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: RoomForPool
View: Other,Water

Price History

04/15/2025

Date

Price Reduced

Event

$525K

Price

-7.08%

Change Rate

$421 ft2 / $4,535 m2

Price Per

04/10/2025

Date

Listed

Event

$565K

Price

$453 ft2 / $4,881 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Rodger MorelliRPM LUXE REALTY • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$500/ft²
$800/ft²

Unit 1229 S M St – Asking

$421/ft²

(+16%) from Closed Medium $/ft²

Closed Medium $/ft²

$363/ft²
Community $/Price Range (Closed) $116/ft² – $645/ft²
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