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216 S L Street

Lake Worth Beach, FL 33460
  • $530,000
  • STATUS: Active
  • ON SITE: 351 Days
  • ID#: RX-10962826
Price Reduced
UPDATED: 35 min ago
$530,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,310
    SQFT
  • $405
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

Description

Great Investment Opportunity in the Heart of Downtown Lake Worth Beach! 2 blocks from the epicenter of town & less than a mile to our beautiful beaches! Charming exterior, spacious interior, separate apartment, & convertible garage/cottage offers multiple avenues for use & rental income. Offered furnished. Recent updates include: fresh paint, new landscaping, fence, deck, new lighting, spray insullation, Roof 2020 & A/C 2019. Other features: fireplace, volume ceilings, newer kitchen & expansive main living space make this home attractive to potential buyers & renters. Well-maintained Multifamily property. MF-20 Zoning allows for multiple dwelling structures on the lot. to further increasing returns. Flexibility & financial opportunity in the most desired area of LWB!

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www.kaufman-propertiesfl.com/homes/147918943
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216 S L Street Lake Worth Beach, FL 33460

  • Price: $530,000
  • Status: Active
  • On Site: 351 Days
  • Updated: 35 min ago
  • ID#: RX-10962826
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,310
SQFT
$405
$/SQFT
1925
Built
Neighborhood:
Lake Worth Beach Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Middle School:
Lake Worth Community Middle
High School:
Lake Worth High School
Property Description
Great Investment Opportunity in the Heart of Downtown Lake Worth Beach! 2 blocks from the epicenter of town & less than a mile to our beautiful beaches! Charming exterior, spacious interior, separate apartment, & convertible garage/cottage offers multiple avenues for use & rental income. Offered furnished. Recent updates include: fresh paint, new landscaping, fence, deck, new lighting, spray insullation, Roof 2020 & A/C 2019. Other features: fireplace, volume ceilings, newer kitchen & expansive main living space make this home attractive to potential buyers & renters. Well-maintained Multifamily property. MF-20 Zoning allows for multiple dwelling structures on the lot. to further increasing returns. Flexibility & financial opportunity in the most desired area of LWB!
Exterior Features

Carport Spaces 2.00 Construction Mixed Exterior Features FenceOpen PatioUtility Barn Lot Description < 1/4 AcrePublic Road Private Pool YN No Roof Comp ShingleTar/GravelWood Truss/Raft Storm Protection Impact Glass Partial Storm Protection Panel Shutters Partial Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking View Garden Waterfront Description No Fixed BridgesNoneOne Bridge Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Flooring Clay TileTile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitBuilt-in ShelvesDen/FamilyDishwasherFoyerKitchenLaundryMicrowavePatioRange - GasRefrigeratorSmoke DetectorSplit BedroomsVolume CeilingWindow Cover Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Sq Ft 1310 Unit2 Bedrooms 1 Unit2 Desc A/C UnitKitchenLaundryMicrowavePatioRefrigeratorSmoke DetectorWindow Cover Unit2 Full Baths 1 Unit2 Furnished Yes Unit2 Info Efficiency Unit2 Sq Ft 323 Window Treatments BlindsImpact Glass

Property Features

Annual Net Operating Income 443400.00 Annual Total Expenses 0.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 456000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes None Multifamily Type Duplex REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses LimitedOtherOwner Special Info Sold As-Is Sq Ft Total 1658.00 Subdivision Amenities Bike - JogBoatingDog ParkGolf CourseParkStreet Lights Tax Amount 8656.06 Tax Year 2023 Taxes City/CountyNo Homestead Tenant Pays CableElectricGasRepairsSewerWater Terms Considered CashConventionalFHA Unit1 Monthly Income 3800.00 Unit2 Monthly Income 1900.00 Utilities CableElectricGas NaturalPublic SewerPublic Water Zoning MF-20

Listing provided courtesy of RJM Real Estate Corp.: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432