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420 3rd Avenue S

Lake Worth Beach, FL 33460
  • $650,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: RX-11052794
$650,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,600
    SQFT
  • $406
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

An exceptional investment opportunity in the historic district of Lake Worth Beach! This two story duplex complete with impact windows (2024) offers three income-producing units, each fully rented.Main House: Two spacious units (upstairs and downstairs), each featuring 2 bedrooms and 1 bathroom.Bonus unit: A finished garage studio with full kitchen, bath and loft. Daikin AC 2022. Mixed use zoning.Transferable termite warranty.Whole house was painted 2025.Prime location, walking distance to downtown Lake Worth, brimming with restaurants, shopping and vibrant entertainment options. Close to major highways, and 10 minutes to the beach.Don't miss this chance to own a versatile, high-demand property in one of South Florida's most desirable areas.

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www.kaufman-propertiesfl.com/homes/159482642
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420 3rd Avenue S Lake Worth Beach, FL 33460

  • Price: $650,000
  • Status: Active
  • On Site: 23 Days
  • ID#: RX-11052794
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,600
SQFT
$406
$/SQFT
1926
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
An exceptional investment opportunity in the historic district of Lake Worth Beach! This two story duplex complete with impact windows (2024) offers three income-producing units, each fully rented.Main House: Two spacious units (upstairs and downstairs), each featuring 2 bedrooms and 1 bathroom.Bonus unit: A finished garage studio with full kitchen, bath and loft. Daikin AC 2022. Mixed use zoning.Transferable termite warranty.Whole house was painted 2025.Prime location, walking distance to downtown Lake Worth, brimming with restaurants, shopping and vibrant entertainment options. Close to major highways, and 10 minutes to the beach.Don't miss this chance to own a versatile, high-demand property in one of South Florida's most desirable areas.
Exterior Features

Carport Spaces 0.00 Construction Woodside Exterior Features Open Patio Lot Description < 1/4 Acre Lot Dimensions 40.0 ft x 100.0 ft Private Pool YN No Roof Comp Shingle Storm Protection Impact Glass Complete Unit1 Parking Open Parking Unit2 Parking Open Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral IndividualElectric Flooring Ceramic TileWood Floor Heating Central IndividualElectric Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke Detector Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 800 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke Detector Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800 Window Treatments BlindsImpact Glass

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info LeasesService Contracts Built Desc Resale Gated Community No Gross Operating Income 54708.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Duplex Possession At Closing REO No Restrictions Historic DesignationLease OK Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 2252.00 Subdivision Amenities Common LaundrySidewalks Tax Amount 6609.94 Tax Year 2024 Taxes City/CountyNo Homestead Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1500.00 Unit2 Monthly Income 1800.00 Utilities ElectricGas NaturalPublic SewerPublic Water Zoning MU-E(c

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