727 S M St Lake Worth, FL 33460
Pineapple Beach NeighborhoodEstimated payment $3,391/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- Ceiling Fan
- No HOA
About This Home
Discover a versatile income producing investment in the heart of Lake Worth Beach! This fully fenced duplex offers both charm and functionality, featuring a 1-bedroom/1-bath cottage rented for $1,600 per month and a 3-bedroom/1-bath home rented for $2,450 on one lot. Both units are equipped with new AC systems, newer roofs, and in-unit washer and dryer for modern comfort. Located just minutes from the beach and vibrant downtown, this property is ideal for seasoned investors seeking strong rental income or for new investors who want to live in one unit while generating income from the other. With its prime location and move-in-ready features, this duplex is a rare find in today's market.
Listing Agent
American Investment Solutions License #3451809 Listed on: 09/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,595
Year Built
- Built in 1950
Lot Details
- 6,750 Sq Ft Lot
- Sprinkler System
Home Design
- Duplex
- Frame Construction
- Composition Roof
Interior Spaces
- 2 Bathrooms
- 1,695 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Wood
- Tile
Utilities
- Central Heating and Cooling System
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 38434421152150150
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lake Worth Town Of Subdivision
Building Details
- Gross Income $51,000
- Net Operating Income $47,000
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 | $7,595 | $408,433 | -- | -- |
| 2024 | $7,595 | $333,371 | -- | -- |
| 2023 | $7,307 | $323,661 | $141,750 | $181,911 |
| 2022 | $5,963 | $200,088 | $0 | $0 |
| 2021 | $5,303 | $188,510 | $46,500 | $142,010 |
| 2020 | $4,889 | $165,362 | $39,000 | $126,362 |
| 2019 | $3,939 | $171,548 | $39,000 | $132,548 |
| 2018 | $3,569 | $154,385 | $31,939 | $122,446 |
| 2017 | $3,290 | $131,096 | $29,036 | $102,060 |
| 2016 | $3,163 | $78,565 | $0 | $0 |
| 2015 | $2,859 | $71,423 | $0 | $0 |
| 2014 | $2,648 | $64,930 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Price Changed | $530,000 | -1.8% | $313 / Sq Ft |
| 12/17/2025 12/17/25 | Price Changed | $539,900 | -0.8% | $319 / Sq Ft |
| 12/01/2025 12/01/25 | Price Changed | $544,000 | -0.2% | $321 / Sq Ft |
| 11/06/2025 11/06/25 | Price Changed | $544,900 | -0.9% | $321 / Sq Ft |
| 10/14/2025 10/14/25 | Price Changed | $550,000 | -0.9% | $324 / Sq Ft |
| 10/04/2025 10/04/25 | Off Market | $554,900 | -- | -- |
| 10/02/2025 10/02/25 | For Sale | $554,900 | 0.0% | $327 / Sq Ft |
| 09/29/2025 09/29/25 | Price Changed | $554,900 | -1.8% | $327 / Sq Ft |
| 09/22/2025 09/22/25 | For Sale | $564,900 | -- | $333 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | First International Title | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $225,000 | Flagler Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $431,501 | FHA |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11125981
APN: 38-43-44-21-15-215-0150
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.
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.
- 711 S N St Unit 1
- 820 S L St Unit C
- 820 S L St Unit Back Upper
- 622 N M St Unit 3
- 801 S Federal Hwy Unit 103
- 820 S Federal Hwy Unit 3
- 915 S N St
- 902 S Federal Hwy Unit 6
- 531 S Federal Hwy Unit 14
- 601 S Federal Hwy Unit 28
- 601 S Federal Hwy Unit 34
- 532 S K St
- 920 S K St Unit 25
- 701 N J St Unit B
- 631 S J St Unit Rear Upper
- 1001 S M St Unit 14
- 514 S K St Unit 2
- 1001 S Federal Hwy Unit 3
- 1001 S Federal Hwy Unit 5
- 925 S K St Unit 4