Closed

Tropical Terrace, 7871 Terrace Rd, Lake Worth Beach, FL 33462

380,000(-5.26% )
$360,000Price
944SqFt

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Details

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Status:
Sold - Oct 13, 2023
Size: 944 SqFt (88 m2)
Price: $381/SqFt ($4,105/m2)
Type: Multi Family
Built: 1955
HOA: N/A
MLS Number: R10894260
On Site: 789 Days
Updated: 114 Days ago
Page Views: 0
Double lot!!!! Attention investors and developers, this is the deal of the year. 0.3 miles to intracoastal. Existing duplex, recent work done including interior/exterior paint and new appliances. This duplex is situated on a double lot! Cash flow immediately with two units ready to rent with the potential for the development of additional unit(s) or even the possibility of subdividing. Great airbnb potential or live in one side and rent the other! This will not last long, submit your offers asap!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: FruitTrees, RoomForPool
      Interior, Heating and Cooling
      • Heating Description: WallFurnace
      • Cooling Description: WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile
      • Year Built: 1955
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-06-02T10:48:54.000-00:00
        Taxes, Fees & More
        • Taxes: 2846
        • Total Units in Building: 2

        Price History

        10/13/2023

        Date

        Sold

        Event

        $360K

        Price

        -5.26%

        Change Rate

        $381 ft2 / $4,105 m2

        Price Per

        07/10/2023

        Date

        Price Reduced

        Event

        $380K

        Price

        -4.98%

        Change Rate

        $403 ft2 / $4,333 m2

        Price Per

        06/02/2023

        Date

        Listed

        Event

        $399.9K

        Price

        $424 ft2 / $4,560 m2

        Price Per

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

        Listed by Kristen CastanoRealty ONE Group Innovation • Buyer Agency Compensation .

        Instant Comps

        $200/ft²
        $300/ft²
        $400/ft²
        $600/ft²

        Unit 7871 Terrace Rd – Asking

        $381/ft²

        (-3%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $395/ft²
        Community $/Price Range (Closed) $381/ft² – $409/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.
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