FL > Lake Worth Beach > Lake Worth Town Add 01
Lake Worth Beach, FL 33460,506 S M St
Lake Worth Beach, FL 33460,506 S M St
Lake Worth Beach, FL 33460,506 S M St
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Greg Marchese

Greg Marchese

+1(954) 888-8289
$1,429,774
Est. payment /mo
1,728 SqFt
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UPDATED:

10/15/2024 01:10 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $827

Subdivision Lake Worth Town Add 01

MLS Listing ID F10465638

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1925

Annual Tax Amount $9,677

Tax Year 2023

Property Description

Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.

Location

State FL

County Palm Beach County

Area Palm Beach 5600; 5610; 5620; 5630; 5640

Zoning SFR

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Other Floors

Exterior

Exterior Feature Fence, Patio

Waterfront No

Water Access Y

Water Access Desc None

Roof Type Other Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction, Other Construction

Sewer Other Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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BeachesMLS Matrix (RAPB-F prefix)
Listed by The Keyes Company

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Greg Marchese

+1(954) 888-8289

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