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Multifamily in Lake Worth, FL 33462Tropical Terrace, 7880 Terrace Rd
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Closed
Beds
2,259
SqFt$150
$/SqFtSold - Mar 15, 2023
Entry-Level Multifamily
Built in 1954
Outdoor Living Area
FIRST TIME ON THE MARKET!! This income producing property has been in the family since DAY 1. Main House consists of 4 bedrooms 2 bath with an ENORMOUS Master suite. One of the bedrooms is currently being utilized as a beauty salon for their in home business. Brand New roof in 2021. Massive deck behind the property great for entertaining and BBQs. There is also a detached building behind the home that is currently being used as a storage and laundry room that has full power and can easily be turned into an efficiency with the right vision! Now to the detached guest house....
Guest House is a 1 bedroom 1 bath living room and kitchen with a large attached screened patio. Property is situated on 2 lots and back yard is fully fenced. The opportunities are endless.
MLS Number: R10828317
On Site: 1485 Days
Updated: 48 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Linoleum,Tile
- Year Built: 1954
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-08-30T12:06:34.000-00:00
Taxes, Fees & More
- Taxes: 1110
- Total Units in Building: 4
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$338K
High
$400K
Low
$338K
Total Change
-15.5%Date
Event
Price
Change
Price Per
03/15/2023
Sold
$338K
-15.5%$150 ft2
$1,611 m2
11/07/2022
Listed
$400K
$177 ft2
$1,906 m2
03/15/2023
$338K
Event
Sold
Change
-15.5%Price Per
$150 ft2
$1,611 m2
11/07/2022
$400K
Event
Listed
Price Per
$177 ft2
$1,906 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Knapp • Arena and Company • Buyer Agency Compensation .
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Scores
42
100
50
100
76
100
0
100
31
100
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
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