$715,000
SOLD DEC 30, 2024

107 S K St Lake Worth, FL 33460

Downtown Jewel Neighborhood
-- Bed
-- Bath
2,496 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of December 2024

MUST SEE! Triplex in Prime Lake Worth Beach location! This stunning property is just one block from Lake Avenue--walk to everything you need!Property is turnkey condition: All three units boast spacious floor plans and are beautifully maintained. Each unit has separate water, electric, and gas meters. Roof replaced in 2016 for peace of mind. The front unit is ideal for an owner-occupant, short-term rental, or annual lease. Sellers are willing to leave it vacant for the new owner's choice. This Investment is a strong! When fully occupied, the property offers a robust 7% cap rate at the asking price! Opportunities like this don't come around often! Schedule your showing today!

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 10/26/2024

Last Buyer's Agent

Tory Joeckel PA

R&R Realty Inc License #3092177

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 1925

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Screened Porch
  • Garden Views

Flooring

  • Wood
  • Tile

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • The lake is a source of water for the property
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150490200

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $22,668
  • Net Operating Income $52,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,388

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Dixie Highway to Lake Ave. Head East on Lake Have. Park on Lake Ave Close to South K Street. Enjoy lovely 1 block walk to property on West side of K Street.
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Tile, Wood
  • Living Area: 2496.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Porch, Patio, Room For Pool
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150490200
  • Lot Size: 50 Ft. x 135 Ft.
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: MF-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 52932.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 22668.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11388.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $715,000 -2.1% $286 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $730,000 0.0% $292 / Sq Ft
10/18/2012 10/18/12 For Rent $1,000 +11.1% --
10/18/2012 10/18/12 Rented $900 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cole Leavitt

    Seller's Agent in 2024

    Cole Leavitt

    CPRE Organization Inc

    (866) 792-6163

    2 in this area

    51 Total Sales

    Cole Leavitt
    Section Image
  • Tory Joeckel PA

    Buyer's Agent in 2024

    Tory Joeckel PA

    R&R Realty Inc

    (561) 512-3092

    1 in this area

    41 Total Sales

    Tory Joeckel PA
    Section Image

  • A

    Seller's Agent in 2012

    Angela Williams

    The Keyes Company

    (561) 737-5300

    1 in this area

    8 Total Sales

    Angela Williams
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11031752

BeachesMLS

APN: 38-43-44-21-15-049-0200

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

107 S K St, Lake Worth, FL

This home is located at 107 S K St, Lake Worth, FL 33460 and is currently priced at $715,000, approximately $286 per square foot. This property was built in 1925. 107 S K St is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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