NOT LISTED FOR SALE

Estimated Value: $646,336

8 Beds
4 Baths
2,744 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2023

Last sale price $650,000 $237 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,785 / mo

328 Days on Market

Highlights

  • Garden View
  • Air Conditioning
  • Heating Available
  • No HOA
  • Tile Flooring
  • Property has 1 Level

About This Home

As of December 2023

Only 1.5 miles to the beach. 7 mins by car or street legal golf cart, 12 mins bike ride or a 32 min walk. 10 min walk to downtown restaurants and entertainment. Lots of room rent increases. Rent is way below market at $1,100 a door. All units are two bedrooms, one bath units. Investor Financing available, for owner occupants property is located in a community lending area ask the listing broker for details.

Co-Listed By

Michael Vatalaro

Ocean Capital R.E. Services Gr License #3246153

Last Buyer's Agent

Kristoffer Karlsson

The Keyes Company License #3496598

The Keyes Company
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1923

Lot Details

  • 10,125 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4 Bathrooms
  • 2,744 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Garden Views
  • Range

Schools

  • Lake Worth Community Middle School
  • Lake Worth High School

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $52,800
  • Tenant pays for sewer, water
  • Assessor Parcel Number 38434421150080110

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Town Of Lake Worth Beach Subdivision

Building Details

  • Gross Income $52,800
  • Net Operating Income $36,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,100

Year Built

Built in 1923

Lot Details

10,125 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1923
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: FLL801441
  • Co List Office Phone: 800-895-7174
  • Directions: US 1 to Lake Ave west to S D st north to 2nd Ave east to property on south side on E st
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.23
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Fourplex
  • Subdivision Name: TOWN OF LAKE WORTH BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 650000
  • ShowingTimeFlag: No
  • UnitTypeDescription: Kitchen
  • UnitTypeDescription: Kitchen
  • UnitTypeDescription: Kitchen,Patio/Porch
  • MIAMIRE_Equipment: Air Conditioning Unit, Range, Refrigerator
  • UnitTypeDescription: Kitchen
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2744
  • Stories: 1
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Composition Roll
  • View: Garden
  • Exterior Features: None
  • Construction Type: CBS Construction, Frame, Frame With Stucco, Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: On-Street
  • MIAMIRE_Parking: On-Street
  • MIAMIRE_Parking: On-Street
  • MIAMIRE_Parking: On-Street

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None

Schools

  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth Community Middle

Lot Info

  • Parcel Number: 38434421150080110
  • Lot Size Sq Ft: 10125
  • Zoning: SF-TF-

Rental Info

  • Tenant Pays: Sewer, Water

Multi Family

  • Net Operating Income: 36560
  • Annual Gross Income: 52800
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 52800

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9100

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Dec 22, 2023
Sold by
Bought by
Buyer's Agent
Kristoffer Karlsson
The Keyes Company
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Current Estimated Value
$646,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,664
Avg. Annual Appreciation
-0.22%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Listed On Document
$195,000 Universal Land Title Llc
$170,000 --
$87,000 --
$72,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $650,000 -23.5% $237 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $850,000 -- $310 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,800 $636,972
2024 $14,800 $579,065
2023 $10,460 $319,389 $0 $0
2022 $9,100 $290,354 $0 $0
2021 $8,540 $364,019 $135,200 $228,819
2020 $7,804 $307,981 $119,600 $188,381
2019 $7,415 $300,556 $109,200 $191,356
2018 $6,723 $271,852 $103,292 $168,560
2017 $6,065 $211,800 $73,780 $138,020
2016 $5,558 $163,896 $0 $0
2015 $5,173 $148,996 $0 $0
2014 $5,516 $161,689 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10854532

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-008-0110

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