$699,000

Estimated payment $4,501/month

Total Views 1,081
-- Bed
4 Baths
3,320 Sq Ft
$211 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

Spectacular Investment Opportunity!
Prime income-producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily—allowing for up to five units (or potentially more)!
Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the Tri-Rail station.
Current tenants are month-to-month, full flexibility to either retain them for steady income or renovate and reposition for higher return. Property in need of rehab and upgrades opportunity in one of Lake Worth's most sought-after rental corridors!
Please drive by only and do not disturb tenants.

Listing Agent

GISELA MORO

Brown Harris Stevens of PB License #3059936 Listed on: 12/23/2025

Brown Harris Stevens of PB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,446

Year Built

  • Built in 1928

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 4 Bathrooms
  • 3,320 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421150070240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,446

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Dixie Hwy to Lucerne Ave to 19 S E St.
  • Year Built: 1928
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 3320.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 38434421150070240
  • Lot Size Acres: 0.15
  • Lot Size: 50.0 ft x 135.0 ft
  • Lot Size Sq Ft: 6534.0
  • Mobile Dim Units: Feet
  • Zoning: SF-TF-14

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10446.0

Multi Family

  • Number Of Units In Community: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $9,698 $408,636 -- --
2024 $9,698 $359,971 -- --
2023 $8,808 $327,246 $0 $0
2022 $8,128 $297,496 $0 $0
2021 $7,666 $270,451 $113,400 $157,051
2020 $5,373 $257,370 $113,400 $143,970
2019 $4,960 $225,311 $85,050 $140,261
2018 $4,445 $195,383 $79,633 $115,750
2017 $4,164 $172,679 $63,707 $108,972
2016 $3,915 $92,270 $0 $0
2015 $3,690 $83,882 $0 $0
2014 $3,362 $76,256 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 For Sale $699,000 +133.0% $211 / Sq Ft
10/23/2020 10/23/20 Sold $300,000 -1.6% $129 / Sq Ft View Prior Sale
08/24/2020 08/24/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $305,000 -- $131 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11139720

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-007-0240

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