South Florida
Tropical Terrace, 977 Miner Rd, Lake Worth Beach, FL 33462
1,550,000(-3.23% )
$1,500,000Price
4,376SqFt
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Details
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Status:
Active
Size: 4,376 SqFt (407 m2)
Price: $343/SqFt ($3,690/m2)
Type: Multi Family
Built: 1959
MLS Number: A11770298
On Site: 126 Days
Updated: 14 Days ago
Page Views: 0
Big market reduction. Owner financing available. ...3 bed 2 bath single family and 8 - 1 bedroom 1 bath apartments. Zoned 10 units. All units are 100% occupied. Market rents. Call for details. All units have open patios in back. Single family house has covered porch and large fenced in yard. Long term tenants in place. 8 unit apartments have hurricane impact windows. All newer electric panels, tile flooring. Appraisal has been done by current owner. Cap rate is 7.8%.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: CentralAir, CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: CeramicTile,Laminate
- Year Built: 1959
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-03-25T10:35:51.000-00:00
Taxes, Fees & More
- Taxes: 12314
Price History
07/15/2025
Date
Price Reduced
Event
$1.5M
Price
-3.23%
Change Rate
$343 ft2 / $3,690 m2
Price Per
05/30/2025
Date
Price Reduced
Event
$1.6M
Price
-0.32%
Change Rate
$354 ft2 / $3,813 m2
Price Per
05/28/2025
Date
Price Reduced
Event
$1.6M
Price
-1.27%
Change Rate
$355 ft2 / $3,825 m2
Price Per
05/15/2025
Date
Price Reduced
Event
$1.6M
Price
-7.35%
Change Rate
$360 ft2 / $3,874 m2
Price Per
03/25/2025
Date
Listed
Event
$1.7M
Price
$388 ft2 / $4,182 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kenneth Best • Members Realty Group • Buyer Agency Compensation .
Instant Comps
$200/ft²
$200/ft²
$400/ft²
$600/ft²
Unit 977 Miner Rd – Asking
$343/ft²
(-13%) 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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