$1,350,000

Estimated payment $8,997/month

Total Views 92
-- Bed
-- Bath
4,800 Sq Ft
$281 Price per Sq Ft

Highlights

  • 13,500 Sq Ft lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

Renovated quadplex featuring four spacious 2-bedroom, 2-bath units -- each approximately 1,200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters.Located just minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers exceptional rental upside in a high-demand neighborhood.Features:~4,800 Total Sq Ft Concrete block constructionNew roofs (2022)Impact windows & doors throughoutAmple off-street parkingSeparately metered electric/waterPotential market rent: $2,300+/month per unit offered at 5.75% cap rate.

Listing Agent

Robert Miller

Highland Realty Advisors LLC License #3207781 Listed on: 08/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,695

Year Built

  • Built in 1981

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427010290110

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $30,500
  • Net Operating Income $76,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,695

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4800.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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 #: 38434427010290110
  • Lot Size: 100.0 ft x 135.0 ft
  • Lot Size Sq Ft: 13500.0
  • Zoning Description: SF-R(c

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 76300.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 30500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19695.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $19,695 $749,933 -- --
2023 $17,634 $681,757 $0 $0
2022 $15,968 $619,779 $0 $0
2021 $14,857 $563,435 $132,000 $431,435
2020 $12,446 $513,121 $132,000 $381,121
2019 $11,798 $504,321 $123,200 $381,121
2018 $9,961 $358,331 $89,790 $268,541
2017 $8,642 $322,212 $81,627 $240,585
2016 $8,120 $265,390 $0 $0
2015 $7,483 $241,264 $0 $0
2014 $6,882 $219,331 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 For Sale $1,350,000 0.0% $281 / Sq Ft
08/15/2024 08/15/24 Rented $2,300 0.0% --
07/14/2024 07/14/24 Under Contract -- -- --
06/14/2024 06/14/24 For Rent $2,300 0.0% --
04/07/2017 04/07/17 Sold $490,000 -2.0% $102 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $499,900 0.0% $104 / Sq Ft
02/06/2015 02/06/15 Rented $1,000 0.0% --
01/07/2015 01/07/15 Under Contract -- -- --
12/25/2014 12/25/14 For Rent $1,000 0.0% --
05/07/2013 05/07/13 Sold $245,000 -2.0% $51 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $249,900 -- $52 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 First American Title Ins Co
Warranty Deed $490,000 First Amer Title Ins Co
Warranty Deed $245,000 Attorney
Special Warranty Deed $165,000 Albertelli Title Inc
Trustee Deed -- None Available
Warranty Deed $490,000 --
Warranty Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $408,000 Credit Line Revolving
Previous Owner $183,750 New Conventional
Previous Owner $465,500 Stand Alone First
Previous Owner $296,100 Unknown
Previous Owner $117,000 Unknown
Previous Owner $117,600 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11116432

BeachesMLS

APN: 38-43-44-27-01-029-0110