Closed

Lake Worth Town, 618 3rd Ave, Lake Worth Beach, FL 33460

624,000(-7.05% )
$580,000
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1,320SqFt

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Details

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Status:
Sold - Dec 27, 2024
Size: 1,320 SqFt (123 m2)
Price: $439/SqFt ($4,730/m2)
Type: Multi Family
Built: 1966
HOA: N/A
MLS Number: R11031014
On Site: 304 Days
Updated: 238 Days ago
Page Views: 0
Completely remodeled 1 year ago. Roof 2018. Unique investment opportunity. Tenants in place! Unit 1 tenant lease expires september 30, 2025. Unit 2 tenant lease expires february 20, 2025. Have you been looking for an income-producing property where you can live and collect rent to offset expenses? Bingo! Two 1/1 units, all utilities separately metered (water, sewer, electric and gas), with 3 off-street parking spaces for unit 1 (including a 1-car garage); unit 2 enjoys a fenced backyard with patio and separate laundry room with storage. Just 2 blocks from buzzing downtown lake worth beach. Perfect scenario for snowbird who wants a comfortable home that is an easy walk to town and the beach. Each unit is a spacious 1/1 with luxury vinyl flooring, washer/dryer, white shaker
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Patio
      Interior, Heating and Cooling
      • Heating Description: Central, Electric, HeatStrip
      • Cooling Description: CentralAir, CeilingFans, Electric
      Building and Construction
      • Floor Description: Vinyl
      • Windows/Treatment: Blinds
      • Year Built: 1966
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-10-23T18:10:41.000-00:00
        Taxes, Fees & More
        • Taxes: 8134
        • Total Units in Building: 2

        Price History

        12/27/2024

        Date

        Sold

        Event

        $580K

        Price

        -7.05%

        Change Rate

        $439 ft2 / $4,730 m2

        Price Per

        11/10/2024

        Date

        Price Reduced

        Event

        $624K

        Price

        -3.85%

        Change Rate

        $473 ft2 / $5,088 m2

        Price Per

        10/23/2024

        Date

        Listed

        Event

        $649K

        Price

        $492 ft2 / $5,292 m2

        Price Per

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

        Listed by Erin Allen • Illustrated Properties LLC • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $200/ft²
        $500/ft²
        $800/ft²

        Unit 618 3rd Ave – Asking

        $439/ft²

        (+21%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $363/ft²
        Community $/Price Range (Closed) $116/ft² – $645/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN Lake Worth Town at Lake Worth Beach?

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