Jeff Tricoli
KW Reserve Palm Beach
(561) 898-0458
1,828 Total Sales
1 in Downtown Jewel
$127,000 Price
214 S M St Lake Worth, FL 33460
Downtown Jewel NeighborhoodEstimated Value: $548,000 - $958,000
5
Beds
5
Baths
2,521
Sq Ft
$324/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling Fan
- Wall Furnace
- No HOA
About This Home
As of November 2021The Bungalows are a 5 Unit multifamily asset in the heart of Lake Worth Beach. The property is comprised of three cottages housing, 5 units that have been very well cared for and renovated throughout ownership and 100% OCCUPIED! The property is currently owner-managed with annual leases in place. The Bungalows idyllic location also offers the opportunity to take advantage of the profitable vacation rental market. With The Bungalows being separate buildings, tenants can enjoy a sense of privacy and tranquility while being just a short walk to the hustle and bustle of downtown. These features position The Bungalows as a prime investment opportunity andrental property. UNIT MIX (1)2/1 (1)1/1 (2)STUDIOS (1) EFFICIENCY + COIN LAUNDRY & OWNER STORAGE PLEASE SEE OFFERING MEMORANDUM ATTACHED
Last Agent to Sell the Property
J.I. Kislak Realty Corp License #3346131 Listed on: 08/04/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,217
Year Built
- Built in 1926 | Remodeled
Lot Details
- 6,752
Parking
- 5 Parking Spaces
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,521 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Flooring
- Wood
- Tile
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Separate Meters
- Cable TV Not Available
Community Details
- No Home Owners Association
- Lake Worth Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 38434421150930050
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
Closed on
Oct 2, 2023
Sold by
216 South M Street Llc
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,350
Outstanding Balance
$557,981
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$259,288
Purchase Details
Closed on
Mar 17, 2023
Sold by
Calculated Properties Llc
Bought by
216 South M Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.12%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 4, 2021
Closed on
Nov 19, 2021
Sold by
Red Rock 214 S M Llc
Bought by
Calculated Properties Llc
Seller's Agent
Alexis Shapiro
J.I. Kislak Realty Corp
Buyer's Agent
Alexis Shapiro
J.I. Kislak Realty Corp
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$500,500
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 2017
Sold by
Gold Coast Investments Llc
Bought by
Red Rock 214 Sm Llc
Purchase Details
Closed on
Oct 14, 2003
Sold by
Campbell Shelley S
Bought by
Gold Coast Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 2002
Sold by
Spatenga Kathleen H and Roberts Sammie E
Bought by
Campbell Shelley S
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Jewel, FL
-
Jeff Tricoli
-
Lynda Molina
Lynda Molina
EXP Realty LLC
(561) 621-2744
53 Total Sales
1 in Downtown Jewel
$350,000 Price
-
Guy Clark
Guy Clark
Douglas Elliman
(646) 846-0176
49 Total Sales
2 in Downtown Jewel
$290,000 Price Range
-
Cynthia Nalley
Cynthia Nalley
Acquire Palm Beach LLC
(561) 621-3262
30 Total Sales
2 in Downtown Jewel
$548K - $675K Price Range
-
Shari Julius
Shari Julius
Pro Star Homes
(561) 475-5142
43 Total Sales
1 in Downtown Jewel
$620,000 Price
-
Dennis O'Brien
Dennis O'Brien
RE/MAX of Long Beach Island
(561) 464-5416
58 Total Sales
1 in Downtown Jewel
$151,500 Price
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 |
|---|---|---|---|
| $1,050,000 | None Listed On Document | ||
| 216 South M Street Llc | -- | None Listed On Document | |
| Calculated Properties Llc | $715,000 | Attorney | |
| Red Rock 214 Sm Llc | $350,000 | Delray Title & Abstarct Co | |
| Gold Coast Investments Llc | $220,000 | Florida Title & Trust Llc | |
| Campbell Shelley S | $137,500 | -- |
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 |
|---|---|---|---|
| Open | $574,350 | ||
| Previous Owner | 216 South M Street Llc | $710,000 | |
| Previous Owner | Calculated Properties Llc | $500,500 | |
| Previous Owner | Gold Coast Investments Llc | $165,000 |
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 |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $715,000 | -4.7% | $284 / Sq Ft |
| 09/23/2021 09/23/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $750,000 | -- | $298 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $20,387 | $822,151 | ||
| 2024 | $20,472 | $809,009 | ||
| 2023 | $13,312 | $495,077 | $194,950 | $300,127 |
| 2022 | $13,661 | $505,426 | $0 | $0 |
| 2021 | $9,233 | $309,315 | $67,500 | $241,815 |
| 2020 | $8,560 | $271,209 | $67,500 | $203,709 |
| 2019 | $8,650 | $274,448 | $67,500 | $206,948 |
| 2018 | $8,083 | $256,770 | $67,196 | $189,574 |
| 2017 | $6,099 | $186,274 | $61,094 | $125,180 |
| 2016 | $3,044 | $147,967 | $0 | $0 |
| 2015 | $5,473 | $134,515 | $0 | $0 |
| 2014 | $5,238 | $122,286 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis Shapiro
Seller's Agent in 2021
Alexis Shapiro
J.I. Kislak Realty Corp
(954) 573-4449
4 in this area
10 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11079025
APN: 38-43-44-21-15-093-0050
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