$518,000
SOLD DEC 1, 2022

225 N K St Unit 1 Lake Worth, FL 33460

Mango Groves Neighborhood
-- Bed
-- Bath
1,948 Sq Ft
3,375 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

6% Below List Price

187 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Patio
  • Tile Flooring

About This Home

As of December 2022

Charming, fully rented 3 unit complex in the heart of Lake Worth! Buyers Financing fell though so it is your opportunity now. Appraised above asking price!

Last Agent to Sell the Property

Andrew Burr

The Keyes Company License #3217020 Listed on: 05/27/2022

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,944

Year Built

  • Built in 1925

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • The lake is a source of water for the property
  • Cable TV Available

Additional Features

  • Patio
  • 3,375 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38434421150500200

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $7,490
  • Net Operating Income $50,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,944

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 TO 10TH AVE N LAKE WORTH EAST ON 10TH TO US 1 AND GO SOUTH TO 2ND AVE EAST TO K ST NORTH TO THE PROPERTY
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 1948.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Metal, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150500200
  • Lot Size Sq Ft: 3375.0
  • Zoning Description: MF-30(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 50110.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 7490.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8944.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $2,500 0.0% --
11/06/2023 11/06/23 For Rent $2,500 0.0% --
12/01/2022 12/01/22 Sold $518,000 -5.6% $266 / Sq Ft
05/27/2022 05/27/22 For Sale $549,000 0.0% $282 / Sq Ft
08/01/2020 08/01/20 Rented $2,000 0.0% --
07/02/2020 07/02/20 Under Contract -- -- --
06/30/2020 06/30/20 For Rent $2,000 +29.0% --
03/26/2019 03/26/19 Rented $1,550 -6.1% --
02/24/2019 02/24/19 Under Contract -- -- --
02/20/2019 02/20/19 For Rent $1,650 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matías Cutuli

    Pink Miami Real Estate

    (786) 200-9576

    10 Total Sales

    Section Image

  • V

    Buyer's Agent in 2023

    Violet Succar

    Lifestyle International Realty

    (786) 734-9705

    2 Total Sales

    Section Image
  • Andrew Burr

    Seller's Agent in 2022

    Andrew Burr

    The Keyes Company

    (561) 324-8914

    2 in this area

    94 Total Sales

    Section Image

  • M

    Seller's Agent in 2020

    Matthew Tarantino

    Inactive member

  • D

    Seller's Agent in 2019

    Delores Diaz

    Inactive member

  • K

    Buyer's Agent in 2019

    Kristen Juozenaite

    Epique Realty, Inc.

    (561) 523-6423

    30 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10803552

BeachesMLS

Florida Palm Beach County Lake Worth 33460 Mango Groves

225 N K St Unit 1, Lake Worth, FL

This home is located at 225 N K St Unit 1, Lake Worth, FL 33460 and is currently priced at $518,000, approximately $265 per square foot. This property was built in 1925. 225 N K St Unit 1 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community 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.

BeachesMLS 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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