Multifamily in Lake Worth, FL 33462
Tropical Terrace, 977 Miner Rd

Beds
4,376
SqFt
$343
$/SqFt
Entry-Level Multifamily
Built in 1959
Fourplex
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%.
MLS Number: A11770298
On Site: 548 Days
Updated: 359 Days ago
Page Views: 0

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

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          Price History

          Current
          $1.5M
          High
          $1.7M
          Low
          $1.5M
          Total Change
          -11.8%
          $1.7M$1.6M$1.5MMar 25May 25May 25May 25Jul 25
          Date
          Event
          Price
          Change
          Price Per
          07/15/2025
          Price Reduced
          $1.5M
          -3.23%
          $343 ft2
          $3,690 m2
          05/30/2025
          Price Reduced
          $1.6M
          -0.32%
          $354 ft2
          $3,813 m2
          05/28/2025
          Price Reduced
          $1.6M
          -1.27%
          $355 ft2
          $3,825 m2
          05/15/2025
          Price Reduced
          $1.6M
          -7.35%
          $360 ft2
          $3,874 m2
          03/25/2025
          Listed
          $1.7M
           
          $388 ft2
          $4,182 m2
          07/15/2025
          $1.5M
          Event
          Price Reduced
          Change
          -3.23%
          Price Per
          $343 ft2
          $3,690 m2
          05/30/2025
          $1.6M
          Event
          Price Reduced
          Change
          -0.32%
          Price Per
          $354 ft2
          $3,813 m2
          05/28/2025
          $1.6M
          Event
          Price Reduced
          Change
          -1.27%
          Price Per
          $355 ft2
          $3,825 m2
          05/15/2025
          $1.6M
          Event
          Price Reduced
          Change
          -7.35%
          Price Per
          $360 ft2
          $3,874 m2
          03/25/2025
          $1.7M
          Event
          Listed
          Price Per
          $388 ft2
          $4,182 m2
          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 .

          Transit & Commute from Tropical Terrace

          DriveBikeWalk
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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