NOT LISTED FOR SALE

325 S M St Lake Worth, FL 33460

Downtown Jewel Neighborhood
-- Bed
1 Bath
920 Sq Ft
3,485 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $200,000 $217 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Interior Lot

About This Home

As of September 2020

Attention Investors! Historic legal duplex steps from downtown Lake Worth Beach's entertainment district with dozens of restaurants, shops, cafes and a new microbrewery! Just a little over 1 mile to the beach. Leases are in place for front cottage for $ 1,150 through July 31st, 2021 and back cottage for $ 1,050 month to month. Property to be sold with 111 S J and 727 S N. 111 S J currently has tenants in place totaling $ 1,990 per month, and 727 S N has tenants in place for $ 1,900 per month. Between the three properties they total $ 6.090 per month and are listed together as a package for $ 650,000.Tenants pay all utilities except for natural gas at 111 S J and 325 S M which together is approximately $ 150 per month. No showings until accepted contract in place.

Last Agent to Sell the Property

Michael Cuevas

Acquire Palm Beach LLC License #3172647 Listed on: 08/05/2020

Last Buyer's Agent

Blair Alshut

LPT Realty, LLC License #3378155

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,030

Year Built

  • Built in 1925

Lot Details

  • Interior Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151110290

Community Details

Overview

  • 2 Units
  • South Palm Park Subdivision

Building Details

  • Operating Expense $9,677
  • Net Operating Income $16,723

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,030

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: S. Dixie Ave (US1) to 4th Ave. South. Head North on S M St. On left.
  • Year Built: 1925
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 920.0

Exterior Features

  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421151110290
  • Zoning Description: SFR

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 16723.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9677.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4030.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $200,000 0.0% $217 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $200,000 +80.2% $217 / Sq Ft
02/28/2017 02/28/17 Sold $111,000 +24.7% $121 / Sq Ft View Prior Sale
01/29/2017 01/29/17 Pending -- -- --
05/31/2016 05/31/16 For Sale $89,000 -- $97 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Cuevas

    Seller's Agent in 2020

    Michael Cuevas

    Acquire Palm Beach LLC

    (561) 279-3333

    7 in this area

    78 Total Sales

    Michael Cuevas
    Section Image
  • Blair Alshut

    Buyer's Agent in 2020

    Blair Alshut

    LPT Realty, LLC

    (561) 271-6847

    4 in this area

    69 Total Sales

    Blair Alshut
    Section Image
  • Barbara Lilley

    Seller's Agent in 2017

    Barbara Lilley

    True Blue Realty Inc

    (561) 644-1041

    2 in this area

    94 Total Sales

    Barbara Lilley
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10644423

BeachesMLS

APN: 38-43-44-21-15-111-0290

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

325 S M St, Lake Worth, FL

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.

Nearby Homes