NOT LISTED FOR SALE

119 N Golfview Rd Lake Worth, FL 33460

Parrot Cove Neighborhood
-- Bed
-- Bath
5,092 Sq Ft
0.46 Acres

Last Sold April 19, 2021

Last sale price $2,200,000 $432 Per Sq Ft

21 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Patio
  • 20,250 Sq Ft lot
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Bryant Park

About This Home

As of April 2021

The Parrot Cove Inn located across from the Intracoastal Waterway and the Bridge to Lake Worth Beach. 10 units on a 20,250 sq. ft. lot with 150 ft. of frontage and 135 ft. deep. The entire property is not historic and can be demolished to build new up to 45 ft. under current codes. The Zoning is Downtown Zoning with no restrictions except the height and density. Currently the Inn is a long term rental property with 10 units, interior parking and a laundry room. There are 2 two bedroom units, 5 one bedroom units, and 3 studios apartments. The current rent roles are between $12K and $14K a month depending on vacancies. Previously and the highest and best use wold be short term Vacation Rentals. Proximity to downtown, the Beach and all of the local restaurants.All new roofs & impact glass.

Last Agent to Sell the Property

Don Todorich

The Corcoran Group License #3084827 Listed on: 02/26/2021

The Corcoran Group

Last Buyer's Agent

Misty Gray

Donohue Real Estate Palm Beach License #3234180

Donohue Real Estate Palm Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,603

Year Built

  • Built in 1925

Lot Details

  • 0.46 Acre Lot
  • Property fronts an intracoastal waterway
  • Fenced

Parking

  • 1 Car Garage

Property Views

  • Intracoastal
  • Golf Course

Home Design

  • Frame Construction

Interior Spaces

  • 5,092 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150340110

Community Details

Overview

  • 4 Units
  • Lake Worth Beach Subdivision

Building Details

  • Operating Expense $73,600
  • Net Operating Income $80,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,603

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Directions: Downtown Lake Worth, North on Palmway to 2nd Ave, then east to intracoastal on Golfview Road. (one way St.)
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 5092.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Golf Course, Intercoastal
  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421150340110
  • Lot Size Sq Ft: 20250.0
  • Zoning Description: MF-20(
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 80880.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 73600.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 27603.0

Range of Values:

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List Price
Sold Price
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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
04/19/2021 04/19/21 Sold $2,200,000 -4.3% $432 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $2,300,000 0.0% $452 / Sq Ft
06/24/2013 06/24/13 Rented $1,400 0.0% --
05/25/2013 05/25/13 Under Contract -- -- --
05/22/2013 05/22/13 For Rent $1,400 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Todorich

    Seller's Agent in 2021

    Don Todorich

    The Corcoran Group

    (561) 373-1791

    8 in this area

    139 Total Sales

    Don Todorich
    Section Image
  • Misty Gray

    Buyer's Agent in 2021

    Misty Gray

    Donohue Real Estate Palm Beach

    (561) 346-2800

    1 in this area

    14 Total Sales

    Misty Gray
    Section Image

  • J

    Seller's Agent in 2013

    Jennifer Spitznagel

    Brown Harris Stevens of PB

See All Agents

Map

Source: BeachesMLS

MLS Number: R10695695

BeachesMLS
Florida Palm Beach County Lake Worth 33460 Parrot Cove

119 N Golfview Rd, Lake Worth, FL

This home is located at 119 N Golfview Rd, Lake Worth, FL 33460 since 26 February 2021. This property was built in 1925. 119 N Golfview Rd is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary 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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