$669,000
$30K PRICE DROP

Estimated payment $4,484/month

Total Views 5,586
-- Bed
4 Baths
3,320 Sq Ft
$202 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Complete Storm Protection

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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,446

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Parking Available

Home Design

  • Triplex
  • Frame With Stucco
  • Frame Construction

Interior Spaces

  • 4 Bathrooms
  • 3,320 Sq Ft Home
  • Property has 2 Levels
  • Complete Storm Protection

Schools

  • South Grade Elementary School
  • Lake Worth Community Middle School
  • Lake Worth High School

Utilities

  • Cooling Available
  • Heating Available
  • Three-Phase Power

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

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Triplex
  • Directions: Dixie Hwy to Lucerne Ave to 19 S E St.
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.15
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 669000
  • ShowingTimeFlag: Yes
  • MIAMIRE_EfficiencyYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 3320
  • Stories: 2
  • Window Features: Complete Other Protection
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Exterior Features: None
  • Construction Type: Frame, Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South Grade
  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth Community Middle

Lot Info

  • Parcel Number: 38434421150070240
  • Zoning: SF-TF-14

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10446

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 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

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 $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

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 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: MIAMI REALTORS® MLS

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 Type Sale Price Title Company
Warranty Deed $370,000 Equity Land Title
Warranty Deed $300,000 Attorneys Signature Ttl Pllc
Warranty Deed $65,000 Independence Title Insurance
Special Warranty Deed $15,000 Attorney
Trustee Deed $56,900 Attorney
Warranty Deed $375,000 Sunbelt Title Agency
Quit Claim Deed -- --
Warranty Deed $145,000 --
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 Loan Amount Loan Type
Closed $214,000 New Conventional
Closed $195,000 Balloon
Closed $165,500 Unknown
Closed $150,000 Unknown
Closed $300,000 Fannie Mae Freddie Mac
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: R11139720

MIAMI REALTORS® MLS

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

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