NOT LISTED FOR SALE

508 12th Ave S Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $652,000 - $790,852

8 Beds
4 Baths
2,600 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $775,000 $298 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,727 / mo

3 Days on Market

Highlights

  • No HOA
  • Porch
  • Tile Flooring
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of August 2024

Nicely maintained income property with owner financing available. 1 efficiency, remaining 3, 2/1. East of US 1 and never a vacancy. Excellent investment property, electrical updated, 4 separate electrical meters, owner pays for water, sewer, garbage and landscaping. All units have tiled floors, range and refrigerator, and wall units. All tenants are all on month to month, easy to make any changes and room for rate increase.

Last Agent to Sell the Property

Antonio Vurro

RE/MAX Select Group License #404367 Listed on: 07/24/2024

RE/MAX Select Group

Last Buyer's Agent

Antonio Vurro

RE/MAX Select Group License #404367 Listed on: 07/24/2024

RE/MAX Select Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,339

Year Built

  • Built in 1969

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38434427010460160

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, sewer, trash, water
  • 44 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $13,259
  • Net Operating Income $56,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,339

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: USE GPS
  • Year Built: 1969
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2600.0
  • Stories: 1
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434427010460160
  • Lot Size: 6743
  • Mobile Dim Units: Feet
  • Zoning: SF-R (city)

Multi Family

  • Property Net Operating Income: 56341.0
  • Number Of Units In Community: 44
  • Annual Operating Expense: 13259.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8339.0

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

Listed on
Jul 24, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Antonio Vurro
RE/MAX Select Group
Buyer's Agent
Antonio Vurro
RE/MAX Select Group
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Views
3
Current Estimated Value
$738,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,787
Avg. Annual Appreciation
-2.70%
Original Mortgage
$465,000
Outstanding Balance
$162,036
Interest Rate
6.78%
Mortgage Type
Balloon
Estimated Equity
$576,177

Purchase Details

Closed on
Jan 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1994
Sold by
Bought by
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

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
$775,000 None Listed On Document
$775,000 None Listed On Document
$100 --
$65,500 --
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
Open $465,000
Closed $465,000
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
08/30/2024 08/30/24 Sold $775,000 -3.0% $298 / Sq Ft
07/24/2024 07/24/24 For Sale $799,000 -- $307 / 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 $8,739 $522,589 -- --
2024 $8,739 $226,843 -- --
2023 $8,339 $206,221 $0 $0
2022 $6,907 $187,474 $0 $0
2021 $6,825 $339,330 $132,000 $207,330
2020 $6,475 $319,173 $132,000 $187,173
2019 $6,202 $310,373 $123,200 $187,173
2018 $5,193 $217,435 $89,790 $127,645
2017 $4,923 $197,668 $81,627 $116,041
2016 $2,569 $105,824 $0 $0
2015 $4,427 $96,204 $0 $0
2014 $3,779 $87,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Antonio Vurro

    Seller's Agent in 2024

    Antonio Vurro

    RE/MAX

    (954) 647-5944

    2 in this area

    60 Total Sales

    Antonio Vurro
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10452696

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-27-01-046-0160

Florida Palm Beach County Lake Worth 33460 Pineapple Beach

508 12th Ave S, 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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