NOT LISTED FOR SALE

1314 S M St Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $529,000 - $967,784

8 Beds
4 Baths
2,626 Sq Ft
$306/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $800,000 $305 Per Sq Ft

Current estimated payment $5,728/month

34 Days on Market

Highlights

  • Newly Remodeled
  • Cooling Available
  • Heating Available
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of February 2022

What a find for a great investment or Air BnB! Quaint and cute units, this property consists of four 2 bd / 1 ba units. Located within 2 miles of Lantana and Lake Worth beaches, downtown, shops, restaurants, amenities and direct access to I-95. The area boasts new construction, including the Water Tower Commons of Lantana. The property has been completely renovated. As an investor, you are buying a stable, turnkey property, with a great Cap Rate or a remarkable Air BnB.

Last Agent to Sell the Property

Sherry Lebowitz

Lifestyle International Realty License #3268355 Listed on: 01/21/2022

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,460

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • 6,752

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,626 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Lake Worth Town Of Add 1 Condos
  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 38434427010650050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,460

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAKE WORTH TOWN OF ADD 1
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 2626
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF ADD 1
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434427010650050
  • Zoning: SF-R (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11460

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 25, 2022
Sold by
Raheem John
Bought by
Bhagchandani Kushal and Bhagchandani Chandrabhan
Seller's Agent
Sherry Lebowitz
Lifestyle International Realty
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$803,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,946
Avg. Annual Appreciation
1.23%
Original Mortgage
$600,000
Outstanding Balance
$563,457
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$271,069

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 7, 2018
Sold by
Casa Vita Properties 01 Inc
Bought by
John Raheem
Seller's Agent
Jason McLendon
Bay Atlantic Living International Realty, LLC.
Buyer's Agent
Sherry Lebowitz
Lifestyle International Realty
List Price
$546,000
Sold Price
$550,000
Premium/Discount to List
$4,000
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$522,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2018
Sold by
Ponce Julio
Bought by
Casa Vita Properties 01 Inc

Purchase Details

Closed on
Mar 15, 2018
Sold by
Wythe Capital Trust Llc
Bought by
Ponce Jullie

Purchase Details

Closed on
Apr 1, 2004
Sold by
Balfour Malcolm I and Balfour Helene M
Bought by
Balfour Malcolm I and Balfour Helene M
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Bhagchandani Kushal $800,000 Law Offices Of Harris & Associ
John Raheem $550,000 Florida Title And Escrow Ser
Casa Vita Properties 01 Inc -- Attorney
Ponce Jullie $340,000 Attorney
Wythe Capital Trust Llc $300,000 Attorney
Balfour Malcolm I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhagchandani Kushal $600,000
Previous Owner John Raheem $522,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $800,000 0.0% $305 / Sq Ft
01/21/2022 01/21/22 For Sale $799,900 +45.4% $305 / Sq Ft
12/07/2018 12/07/18 Sold $550,000 +0.7% $209 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $546,000 -- $208 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $15,926 $629,976 -- --
2023 $16,073 $642,588 $141,750 $500,838
2022 $11,109 $415,263 $0 $0
2021 $11,460 $418,385 $132,000 $286,385
2020 $10,629 $380,117 $132,000 $248,117
2019 $10,542 $374,539 $123,200 $251,339
2018 $5,202 $215,201 $89,790 $125,411
2017 $4,930 $195,637 $81,627 $114,010
2016 $4,720 $106,963 $0 $0
2015 $4,431 $97,239 $0 $0
2014 $4,104 $88,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Lebowitz

    Seller's Agent in 2022

    Sherry Lebowitz

    Lifestyle International Realty

    (305) 496-0687

    1 in this area

    103 Total Sales

    Section Image
  • Jason McLendon

    Seller's Agent in 2018

    Jason McLendon

    Bay Atlantic Living International Realty, LLC.

    (954) 204-1696

    1 Total Sale

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11150175

MIAMI REALTORS® MLS

APN: 38-43-44-27-01-065-0050

Florida Palm Beach County Lake Worth 33460 Pineapple Beach

1314 S M St, Lake Worth, FL

This home is located at 1314 S M St, Lake Worth, FL 33460 since 21 January 2022 and is currently estimated at $803,946, approximately $306 per square foot. This property was built in 1969. 1314 S M St is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana 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.

MIAMI REALTORS® MLS 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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