Multifamily in Lake Worth, FL 33462
Tropical Terrace, 7871 Terrace Rd

Beds
944
SqFt
$381
$/SqFt
Sold - Oct 13, 2023
Entry-Level Multifamily
Built in 1955
Room For Pool
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!
MLS Number: R10894260
On Site: 1209 Days
Updated: 48 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: RoomForPool
      Interior, Heating and Cooling
      • Heating Description: WallFurnace
      • Cooling Description: WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile
      • Construction Type: Duplex
      • Year Built: 1955
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-06-02T11:48:54.000-00:00
        Taxes, Fees & More
        • Taxes: 2846
        • Total Units in Building: 2
        • Total Units in Complex: 2

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        Price History

        Current
        $360K
        High
        $400K
        Low
        $360K
        Total Change
        -10%
        $405K$380K$355KJun 23Jul 23Oct 23
        Date
        Event
        Price
        Change
        Price Per
        10/13/2023
        Sold
        $360K
        -5.26%
        $381 ft2
        $4,105 m2
        07/10/2023
        Price Reduced
        $380K
        -4.98%
        $403 ft2
        $4,333 m2
        06/02/2023
        Listed
        $400K
         
        $424 ft2
        $4,560 m2
        10/13/2023
        $360K
        Event
        Sold
        Change
        -5.26%
        Price Per
        $381 ft2
        $4,105 m2
        07/10/2023
        $380K
        Event
        Price Reduced
        Change
        -4.98%
        Price Per
        $403 ft2
        $4,333 m2
        06/02/2023
        $400K
        Event
        Listed
        Price Per
        $424 ft2
        $4,560 m2
        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 .

        Transit & Commute from Tropical Terrace

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        31
        Traffic score
        Congested area. Frequent traffic delays
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        Listing Location & Street View
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        Scores

        Walk Score®
        Car-Dependent. Most errands require a car
        42

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        50

        100
        Sound Score®
        Bearable noise
        76

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        31

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        4 – 4 BR
        Bedrooms
        $155K – $750K
        Price Tier
        544 - 4,376
        SqFt Range
        1958
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None

        Lake Worth
        Entry-Level
        Entry-Level Homes & Condos