NOT LISTED FOR SALE

3838 7th Ave N Lake Worth, FL 33461

Palm Springs Area

Estimated Value: $497,000 - $1,080,000

15 Beds
4 Baths
5,415 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2021

Last sale price $855,000 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,368 / mo

1 Day on Market

Highlights

  • 0.64 Acre Lot
  • No HOA
  • Patio
  • Outdoor Living Area
  • Porch
  • Shed

About This Home

As of November 2021

Outstanding multifamily investment opportunity. Enjoy 100% occupancy from day one. Each unit has been immaculately kept as illustrated in the photos. This opportunity includes 3 sperate duplexes which are nicely position on a 27,790 square foot lot. The property comes complete with 15 parking spaces, hurricane panels and each of the 6 units have separate electric & water meters. The irrigation system has been updated and runs on well water. Four units have 2019 or newer AC system and water heaters. Each units include it's own private large outdoor space. Unit numbers include 3838, 3840, 3842, 3844, 3846, & 3848 7th Ave N.

Last Agent to Sell the Property

Christopher Bohn

The Keyes Company Brokerage Phone: 954-993-0600 License #3308649 Listed on: 10/10/2021

The Keyes Company

Last Buyer's Agent

Christopher Bohn

The Keyes Company Brokerage Phone: 954-993-0600 License #3308649 Listed on: 10/10/2021

The Keyes Company

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,179

Year Built

  • Built in 1972

Lot Details

  • 27,790 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 5,415 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Well
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Assessor Parcel Number 70434419100000170

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Kirkview Subdivision

Building Details

  • Gross Income $91,800
  • Net Operating Income $64,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,179

Year Built

Built in 1972

Lot Details

0.64 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From I95 go west on 10th ave north. Turn left on Gulfstream Rd. take 2nd right onlto 7th ave N.
  • Year Built: 1972
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 5415.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Other
  • Lot Features: Sprinklers Automatic
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Mixed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 70434419100000170
  • Lot Size Acres: 0.64
  • Mobile Dim Units: Feet
  • Zoning: RM(cit

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 64260.0
  • Number Of Units In Community: 6
  • Number Of Units Total: 4
  • Annual Gross Income: 91800.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10178.6

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
Feb 15, 2023
Sold by
Mirza Home And Construction Company
Bought by
Current Estimated Value
$874,395

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 12, 2021
Sold by
V & G Real Estate Rentals Llc
Bought by
Mirza Home & Construction Company
Seller's Agent
Christopher Bohn
The Keyes Company
Buyer's Agent
Christopher Bohn
The Keyes Company
List Price
$865,000
Sold Price
$855,000
Premium/Discount to List
-$10,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Manzanet Gabriel E
Bought by
Velazquez & Ferreira Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,750
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Lopez Ramon
Bought by
Manzanet Gabriel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lake Worth, FL

  • Michael Kessler Real Estate Agent - LPT REALTY, LLC

    Michael Kessler

    LPT REALTY, LLC

    (561) 475-3224

    49 Total Sales

    1 in Palm Springs

    $195,000 Price

    Michael Kessler
     Section Image
  • Ryan Vandersnow Real Estate Agent - Compass Florida LLC

    Ryan Vandersnow

    Compass Florida LLC

    (551) 289-8552

    47 Total Sales

    4 in Palm Springs

    $35K - $80K Price Range

    Ryan Vandersnow
     Section Image
  • Lidija Bizimoski Real Estate Agent - RE/MAX Direct

    Lidija Bizimoski

    RE/MAX Direct

    (561) 933-7212

    50 Total Sales

    4 in Palm Springs

    $40K - $110K Price Range

    Lidija Bizimoski
     Section Image
  • Kristel Grondin Real Estate Agent - Maya Florida Realty, LLC

    Kristel Grondin

    Responds Quickly

    Maya Florida Realty, LLC

    (954) 710-0847

    36 Total Sales

    1 in Palm Springs

    $300,000 Price

    Kristel Grondin
     Section Image
  • Rhonda Shoumate Real Estate Agent - Illustrated Properties LLC

    Rhonda Shoumate

    Illustrated Properties LLC

    (561) 867-2391

    33 Total Sales

    1 in Palm Springs

    $285,000 Price

    Rhonda Shoumate
     Section Image
  • James Viscome Real Estate Agent - Guaranteed Home Sales

    James Viscome

    Guaranteed Home Sales

    (561) 486-9587

    54 Total Sales

    2 in Palm Springs

    $375,000 Price Range

    James Viscome
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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
-- None Listed On Document
Mirza Home & Construction Company $855,000 Attorney
Velazquez & Ferreira Llc $536,250 Palm Title Services Inc
Manzanet Gabriel E $250,000 Fidelity National Title Ins
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
Previous Owner $750,000
Previous Owner Velazquez & Ferreira Llc $418,750
Previous Owner Velazquez & Ferreira Llc $57,881
Previous Owner Manzanet Gabriel E $210,000
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
11/12/2021 11/12/21 Sold $855,000 -1.2% $158 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $865,000 -- $160 / 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 $18,803 $909,809
2024 $18,803 $874,166
2023 $16,823 $756,647 $0 $0
2022 $15,464 $687,861 $0 $0
2021 $9,665 $463,571 $174,528 $289,043
2020 $10,179 $591,499 $234,000 $357,499
2019 $9,471 $531,777 $183,600 $348,177
2018 $8,490 $495,523 $175,588 $319,935
2017 $8,127 $468,803 $121,095 $347,708
2016 $7,398 $226,295 $0 $0
2015 $6,998 $205,723 $0 $0
2014 $6,180 $187,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Bohn Real Estate Agent - The Keyes Company

    Seller's Agent in 2021

    Christopher Bohn

    The Keyes Company

    (561) 750-1000

    19 Total Sales

    Christopher Bohn
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10751219

BeachesMLS (Greater Fort Lauderdale)

APN: 70-43-44-19-10-000-0170

Florida Palm Beach County Lake Worth 33461

3838 7th Ave N, 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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