A
Seller's Agent in 2026
Alexander Schmitt
American Investment Solutions
(561) 502-3227
3 in this area
9 Total Sales
727 S M St Lake Worth, FL 33460
Pineapple Beach Neighborhood
--
Bed
--
Bath
1,079
Sq Ft
6,750
Sq Ft Lot
Highlights
- Wood Flooring
- Central Heating and Cooling System
- Dogs and Cats Allowed
- No HOA
- Ceiling Fan
- Fenced
About This Home
As of June 2026Discover 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.
Last Agent to Sell the Property
American Investment Solutions License #3451809 Listed on: 05/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,020
Year Built
- Built in 1950
Lot Details
- 6,750 Sq Ft Lot
- Fenced
- Sprinkler System
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Frame Construction
- Composition Roof
Interior Spaces
- 1,079 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Wood
- Tile
Schools
- South Grade Elementary School
- Lake Worth Middle School
- Lake Worth High School
Utilities
- Central Heating and Cooling System
- Wall Furnace
- Three-Phase Power
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer, water
- Assessor Parcel Number 38434421152150150
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lake Worth Town Of Subdivision
Pet Policy
- Dogs and Cats Allowed
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gross Income $51,000
- Net Operating Income $47,000
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
Apr 21, 2022
Closed on
Oct 31, 2022
Sold by
Bought by
Buyer's Agent
Alexander Schmitt
American Investment Solutions
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,804
Avg. Annual Appreciation
1.58%
Original Mortgage
$431,501
Outstanding Balance
$409,492
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$83,312
Purchase Details
Closed on
Aug 19, 2019
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 26, 2004
Sold by
Bought by
Purchase Details
Closed on
Jun 6, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | First International Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $225,000 | Flagler Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $431,501 | FHA |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2026 06/26/26 | Sold | $480,000 | -3.0% | $445 / Sq Ft | |
| 05/16/2026 05/16/26 | Pending | -- | -- | -- | |
| 05/06/2026 05/06/26 | Price Changed | $495,000 | -2.0% | $459 / Sq Ft | |
| 04/22/2026 04/22/26 | Price Changed | $504,900 | -4.7% | $468 / Sq Ft | |
| 04/15/2026 04/15/26 | For Sale | $530,000 | +14.0% | $491 / Sq Ft | |
| 10/31/2022 10/31/22 | Sold | $465,000 | -4.9% | $274 / Sq Ft | View Prior Sale |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- | |
| 04/21/2022 04/21/22 | For Sale | $489,000 | -- | $288 / 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 | $10,020 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Schmitt
-
Mikenson Jean
M
Buyer's Agent in 2026
Mikenson Jean
KW Reserve Palm Beach
(561) 502-1669
1 in this area
16 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: B26015914
APN: 38-43-44-21-15-215-0150
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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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