NOT LISTED FOR SALE

4489 Davis Rd Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $204,000 - $1,094,000

Studio
3 Baths
1,676 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $385,000 $230 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,125/month

66 Days on Market

Highlights

  • Waterfront
  • Room in yard for a pool
  • No HOA
  • Canal Access
  • Wood Flooring
  • Screened Porch

About This Home

As of August 2019

This unique compound is being sold after over 30 years of ownership. Pride of ownership shows as you walk about this well manicured property. It consists of 4 parcels. The first parcel has a single family home, the second parcel has 2 single family homes, the third parcel is vacant land with only a tool shed on it and the last parcel are 2 slivers of vacant land under one PCN. All being sold as a package deal. Located within 4.5 miles to the beach, 2.5 miles to the highway and close to shopping, this is the property you've been waiting to own!

Last Agent to Sell the Property

Christine Velez

Higher Standards Real Estate License #674035 Listed on: 04/11/2019

Last Buyer's Agent

Adam Narkier

Berkshire Hathaway Florida Rea License #3201463

Berkshire Hathaway Florida Rea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1948

Lot Details

  • 5,250 Sq Ft Lot
  • Waterfront
  • Sprinkler System

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 3 Bathrooms
  • 1,676 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Room in yard for a pool
  • Canal Access
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00434430010570051

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Palm Beach Farms Co 7 Subdivision

Recreation

  • Trails

Building Details

  • Gross Income $17,700
  • Net Operating Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Built

Built in 1948

Lot Details

5,250 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: On Davis Road between Lake Worth Road and Melaleuca Road ( on east side of Davis Rd)
  • Year Built: 1948
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1676.0

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch, Room For Pool
  • Lot Features: Fruit Trees, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Composition

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Outside
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Trail(s)
  • Association: No

Lot Info

  • Parcel #: 00434430010570051
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Mobile Dim Units: Feet
  • Zoning: RM

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Property Net Operating Income: 17700.0
  • Number Of Units In Community: 3
  • Annual Gross Income: 17700.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3731.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Cp 4489 Davis Llc
Bought by
Davis Commons Llc
Current Estimated Value
$593,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 23, 2019
Sold by
Tiedt Robert M
Bought by
Cp 4489 Davis Llc
Seller's Agent
Christine Velez
Higher Standards Real Estate
Buyer's Agent
Adam Narkier
Berkshire Hathaway Florida Rea
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Commons Llc $523,850 None Listed On Document
Cp 4489 Davis Llc $385,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Davis Commons Llc $2,000,000
Open Davis Commons Llc $5,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $385,000 -8.1% $230 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $419,000 -- $250 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

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 $49 $119,011 -- --
2024 $49 $108,192 -- --
2023 $50 $59,895 $109,847 $0
2022 $50 $54,450 $0 $0
2021 $50 $69,271 $69,271 $0
2020 $525 $117,350 $45,000 $72,350
2019 $760 $37,916 $0 $0
2018 $642 $37,209 $0 $0
2017 $602 $36,444 $0 $0
2016 $591 $35,694 $0 $0
2015 $590 $35,446 $0 $0
2014 $589 $35,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Velez

    Seller's Agent in 2019

    Christine Velez

    Higher Standards Real Estate

    (561) 310-3048

    1 in this area

    41 Total Sales

    Christine Velez
    Section Image

  • A

    Buyer's Agent in 2019

    Adam Narkier

    Berkshire Hathaway Florida Rea

    (561) 818-9954

    1 in this area

    9 Total Sales

    Adam Narkier
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10520994

BeachesMLS (Greater Fort Lauderdale)

APN: 00-43-44-30-01-057-0051

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4489 Davis Rd, Lake Worth, FL

Not Listed for Sale

MultiFamily

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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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