$111,000
SOLD OCT 28, 2016
-- Bed
-- Bath
1,132 Sq Ft
1931 Built

Recently Sold

$98 Per Sq Ft

6% Below List Price

49 Days on Market

Highlights

  • Interior Lot
  • Vinyl Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2020

Frustrated by overheated multi-family prices? Here's a rationally priced duplex to cool you down! Seller paid low, enabling him to sell low. Massive 3-bedroom front house + detached cottage behind it. Both units presently rented. $1,450 / mo. total income. Yes, 'the numbers work.' No speculation on this deal. Both structures are in very good shape, and thoroughly imbued with genuine 1930's charm. Yard space abounds, comfortably shaded by a champion Banyan Tree's protective canopy. Timing is everything in the real estate trade, second only to location. Have capital ready? Then lucky you are, this duplex has arrived for sale, right now. Especially fortuitous is its superb location... Lake Worth's highly desirable, scenic, ''Tropical Ridge'' neighborhood.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 08/09/2016

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 08/09/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1931

Lot Details

  • Interior Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • 2 Units
  • Town Of Lake Worth: Tropi Subdivision

Listing and Financial Details

  • Total Actual Rent $17,400
  • Rent includes electricity
  • Assessor Parcel Number 38434421151880221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take Lake Avenue to North F Street and turn North. Property is on the West side of the street.
  • Year Built: 1931
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Vinyl
  • Living Area: 1132.0

Exterior Features

  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421151880221
  • Zoning Description: SfTf14

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1530.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 17400.0

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
07/24/2020 07/24/20 Sold $179,000 -5.3% $158 / Sq Ft
07/17/2020 07/17/20 For Sale $189,000 +70.3% $167 / Sq Ft
10/28/2016 10/28/16 Sold $111,000 -5.9% $98 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $117,900 -- $104 / 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: R10257715

BeachesMLS

APN: 38-43-44-21-15-188-0221