NOT LISTED FOR SALE
3 Beds
1 Bath
1,966 Sq Ft
5,130 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $700,000 $356 Per Sq Ft

94 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Garden View
  • Central Heating and Cooling System

About This Home

As of June 2022

Location Location Location!! Welcome to Lake Worth Beach. This FULLY FURNISHED turnkey triplex is ready for its new owners! This property has 3 - 2 bedroom 1 bathroom units that is currently being used as a successful Air B and B. The detached front cottage is stand alone with a 2-story duplex in the back. All units are on their own separate water and electric meters. Two of the units have in unit washer and dryers. The property has a common community patio area for units' enjoyment. 2019 front unit roof replacement. This property is six blocks from the bustling downtown night life, shops and restaurants. It is about 2 miles to the beach! Come live ''Where the Tropics Begin!''

Last Agent to Sell the Property

Blair Alshut

Coastal Classic Realty License #3378155 Listed on: 02/03/2022

Co-Listed By

Ashley Alshut

Coastal Classic Realty License #3317125

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,289

Year Built

  • Built in 1951

Lot Details

  • 5,130 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Garden Views

Flooring

  • Wood
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151760261

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $18,765
  • Net Operating Income $77,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,289

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I95 to 10th Ave S. go east. to N L St make a right.. property on the right 611 N L St about 4 blocks down
  • Year Built: 1951
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 1966.0
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421151760261
  • Lot Size Sq Ft: 5130.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 77235.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 18765.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9289.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $700,000 -9.7% $356 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $775,000 -- $394 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10774401

BeachesMLS

APN: 38-43-44-21-15-176-0261