Basic Information

  • MLS # RX-11080470
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Lake Worth Town Of Add 1
  • Year Built 1957
  • Total Sqft 1,246
  • Date Listed 04/10/2025
  • Days on Market 17
Description

Amazing income & investment opportunity. Currently operating at a 6.8% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more. Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% Occupied with great Tenants.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Other, Water
  • Construction Type Block
  • Parking Description
  • Exterior Features Room For Pool
  • Roof Description Tar Gravel

Interior Features

  • Adjusted Sqft 1,246Sq.Ft
  • Cooling Description Electric
  • Floor Description Ceramic Tile
  • Heating Description Other
  • Sqft 1,246 Sq.Ft

Property Features

  • Address 1229 S M Street
  • Aprox. Lot Size 6,750
  • Association Fee Frequency Monthly
  • City Lake Worth Beach
  • Community Features Non Gated
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Lake Worth Beach
  • Public Survey Section One
  • Roof Tar Gravel
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex Lake Worth Town Of Add 1
  • Subdivision Info Lake Worth Town Of Add 1
  • Tax Amount $7,883
  • Tax Information A D D1 T O T O W N O F L A K E W O R T H L T16 B L K55
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Duplex
  • View Other, Water

1229 S M St

Lake Worth Beach, FL 33460

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RPM LUXE REALTY. tel: (561) 929-7317

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