NOT LISTED FOR SALE

508 12th Ave S Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $677,000 - $791,611

8 Beds
4 Baths
2,600 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

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

Est. 6% decrease in value since last sale

Current estimated payment $5,155 / mo

3 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Tile Flooring

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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

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
  • 4 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

  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • 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: 4
  • Number Of Units Total: 4
  • 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
Michael Tillman Revocable Trust and Tillman Michael
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
$729,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,347
Avg. Annual Appreciation
-2.91%
Original Mortgage
$465,000
Outstanding Balance
$41,196
Interest Rate
6.78%
Mortgage Type
Balloon
Estimated Equity
$688,457

Purchase Details

Closed on
Jan 28, 1997
Sold by
Tillman Michael and Tillman Laurie
Bought by
Tillman Michael

Purchase Details

Closed on
Feb 1, 1994
Sold by
Steuerwald John and Steuerwald Mercedes
Bought by
Tillman Michael
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pineapple Beach, FL

  • Jeff Tricoli Real Estate Agent - KW Reserve Palm Beach

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 898-0458

    1,828 Total Sales

    4 in Pineapple Beach

    $285K - $391K Price Range

    Jeff Tricoli
     Section Image
  • Debbie Smith Real Estate Agent - Reliant Realty ERA Powered

    Debbie Smith

    Responds Quickly

    Reliant Realty ERA Powered

    (561) 250-7176

    110 Total Sales

    2 in Pineapple Beach

    $289,000 Price Range

    Debbie Smith
     Section Image
  • Dwayne Barrett Real Estate Agent - IBERO PROPERTY MANAGEMENT CORP

    Dwayne Barrett

    IBERO PROPERTY MANAGEMENT CORP

    (561) 220-4887

    42 Total Sales

    1 in Pineapple Beach

    $800,000 Price

    Dwayne Barrett
     Section Image
  • Maximilian Stalinski Real Estate Agent - Keller Williams Coastal Partne

    Maximilian Stalinski

    Keller Williams Coastal Partne

    (561) 867-6702

    66 Total Sales

    1 in Pineapple Beach

    $455,000 Price

    Maximilian Stalinski
     Section Image
  • Angelica Berrio Real Estate Agent - KW Reserve

    Angelica Berrio

    KW Reserve

    (561) 693-4573

    86 Total Sales

    1 in Pineapple Beach

    $415,000 Price

    Angelica Berrio
     Section Image
  • Wilder & Melkys Leon Real Estate Agent - Keller Williams Realty Premier Properties

    Wilder & Melkys Leon

    Keller Williams Realty Premier Properties

    (786) 477-6806

    32 Total Sales

    2 in Pineapple Beach

    $360,000 Price Range

    Wilder & Melkys Leon
     Section Image
See All Agents

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
Tillman Michael $100 --
Tillman Michael $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
Previous Owner Tillman Michael $148,477
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 $13,317 $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 Real Estate Agent - RE/MAX

    Seller's Agent in 2024

    Antonio Vurro

    RE/MAX

    (954) 647-5944

    1 in this area

    58 Total Sales

    Antonio Vurro
    Section Image
See All Agents

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.