505 24th Ave N Lake Worth, FL 33460
Sunset Ridge NeighborhoodEstimated payment $4,426/month
Highlights
- No HOA
- Central Heating and Cooling System
- 4-minute walk to Spillway Park
- Tile Flooring
About This Home
Well-maintained triplex near the College Park District of Lake Worth Beach. Pristine condition with no deferred maintenance. Front home is a spacious 3BD/2BA. Rear 2-story duplex features two 1BD/1BA units. Ample parking. Each unit includes its own washer and dryer. All units are tenant-occupied with annual leases expiring in May. Excellent investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,688
Year Built
- Built in 1929
Home Design
- Triplex
- Frame Construction
- Built-Up Roof
Interior Spaces
- 4 Bathrooms
- 2,011 Sq Ft Home
- 2-Story Property
- Tile Flooring
Additional Features
- 8,300 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 38434416050110030
Community Details
Overview
- No Home Owners Association
- 3 Units
- Worthmore Park In Subdivision
Building Details
- Gross Income $61,200
- Net Operating Income $14,484
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,315 | $160,005 | -- | -- |
| 2024 | $6,315 | $145,459 | -- | -- |
| 2023 | $6,113 | $132,235 | $0 | $0 |
| 2022 | $5,615 | $120,214 | $0 | $0 |
| 2021 | $5,060 | $278,565 | $102,000 | $176,565 |
| 2020 | $4,634 | $236,380 | $78,000 | $158,380 |
| 2019 | $4,448 | $229,123 | $78,000 | $151,123 |
| 2018 | $3,786 | $196,693 | $65,063 | $131,630 |
| 2017 | $3,685 | $192,293 | $65,063 | $127,230 |
| 2016 | $3,331 | $67,857 | $0 | $0 |
| 2015 | $3,178 | $61,688 | $0 | $0 |
| 2014 | $2,594 | $56,080 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2026 01/10/26 | For Sale | $740,000 | -- | $368 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11153269
APN: 38-43-44-16-05-011-0030
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