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House in Lake Worth Beach, FL 33460Lake Worth Town, 216 S L St
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Closed
3
Beds2
Baths1,310
SqFt$395
$/SqFtSold - Apr 07, 2025
Premium House
Built in 1925
1 Parking
Florida
Awnings
Great Investment Opportunity in the Heart of Downtown Lake Worth Beach! Two blocks from the epicenter of town & less than a mile to our beautiful beaches! Charming exterior, spacious interior, attached apartment & a detached garage offers multiple avenues for potential income. Sold As-Is, furnished w/ recent updates including fresh paint, new landscaping, fence, deck, new lighting, spray insulation, Roof 2021 & A/C 2020. Water Heater 2017. Well-maintained property. MF-20 Zoning allows for multiple dwelling structures on the lot to further increasing returns. Flexibility & financial opportunity in the most desired area of LWB! See Supplement. * Zoned for multi-family use (MF-20), the lot allows for up to three residential units!
PREVIOUS RENTAL RATES 2023
* Front House was receiving $3,500 per month on an annual lease for the previous 2.5 years.
* Apartment Income: $2,200 per month on an annual lease for the past 2.5 years.
* Current rental rates vary and may not reflect the previous rental rates.
Current ROI is 12%
With adaptation of cottage as 3rd unit new owner ROI potential is 10% up to 14%
MLS Number: R11007371
On Site: 784 Days
Updated: 28 Days ago
Page Views: 0
Features
Bedrooms
- Bedrooms: 3
Bathrooms
- Bathrooms: 2
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Awnings, OutdoorLivingArea
Interior, Heating and Cooling
- Interior Features: EatInKitchen, HighCeilings, KitchenIsland, KitchenDiningCombo, LivingDiningRoom, MainLevelPrimary, SplitBedrooms, TubShower
- Equipment / Appliances: Dryer, Dishwasher, ElectricWaterHeater, GasRange, GasWaterHeater, Microwave, Refrigerator, WaterHeater, Washer
- Heating Description: Central
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Clay,Tile
- Windows/Treatment: Blinds, Drapes, Metal, SingleHung, StormWindows
- Year Built: 1925
- Style: Florida
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: South Grade
- Middle School: Lake Worth
- Senior High School: Lake Worth
Other Property Info
- Garage: 1
- Listing Date: 2024-07-26T08:32:42.000-00:00
- Directions: West
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 8656.06
- Security Information: ClosedCircuitCameras, SmokeDetectors, SecurityLights
- Parking Description: Detached, Garage, Unpaved
- Total Floors in Building: 1
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$518K
High
$561K
Low
$518K
Total Change
-7.7%Date
Event
Price
Change
Price Per
04/07/2025
Sold
$518K
-1.33%$395 ft2
$4,256 m2
03/02/2025
Price Reduced
$525K
-0.76%$401 ft2
$4,314 m2
02/11/2025
Price Reduced
$529K
-0.19%$404 ft2
$4,347 m2
12/01/2024
Price Reduced
$530K
-1.67%$405 ft2
$4,355 m2
11/24/2024
Price Reduced
$539K
-0.19%$411 ft2
$4,429 m2
09/26/2024
Price Reduced
$540K
-1.64%$412 ft2
$4,437 m2
09/06/2024
Price Reduced
$549K
-1.96%$419 ft2
$4,511 m2
08/04/2024
Price Reduced
$560K
-0.25%$427 ft2
$4,601 m2
07/26/2024
Listed
$561K
$429 ft2
$4,613 m2
04/07/2025
$518K
Event
Sold
Change
-1.33%Price Per
$395 ft2
$4,256 m2
03/02/2025
$525K
Event
Price Reduced
Change
-0.76%Price Per
$401 ft2
$4,314 m2
02/11/2025
$529K
Event
Price Reduced
Change
-0.19%Price Per
$404 ft2
$4,347 m2
12/01/2024
$530K
Event
Price Reduced
Change
-1.67%Price Per
$405 ft2
$4,355 m2
11/24/2024
$539K
Event
Price Reduced
Change
-0.19%Price Per
$411 ft2
$4,429 m2
09/26/2024
$540K
Event
Price Reduced
Change
-1.64%Price Per
$412 ft2
$4,437 m2
09/06/2024
$549K
Event
Price Reduced
Change
-1.96%Price Per
$419 ft2
$4,511 m2
08/04/2024
$560K
Event
Price Reduced
Change
-0.25%Price Per
$427 ft2
$4,601 m2
07/26/2024
$561K
Event
Listed
Price Per
$429 ft2
$4,613 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Samantha Johnsen • RJM Real Estate Corp. • 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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