Duplex For Sale

1229 S M Street, Lake Worth Beach, FL 33460

$480,000
1,246
Property Description

Amazing income & investment opportunity. Currently operating at a 7.4% 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.

Basic Details
Listing Type : For Sale
Price : $480,000
View : Other, Water
Square Footage : 1,246
Property Sub Type : Duplex
Features
: Electric
Public Sewer
Other
Ceramic Tile
None
Tar/Gravel
Location
US
FL
Palm Beach
Lake Worth Beach
33460
5610
1229 S M Street, Lake Worth Beach, Florida 33460
Extended Details
Room For Pool
Virtual Tour URL
LAKE WORTH TOWN OF ADD 1
04.10.2025
Block
Cash, Conventional
Cable Available,Natural Gas Available,Sewer Available,Water Available
< 1/4 Acre
6750
50.0 ft x 135.0 ft
2
SF-R(c
2024
Close Of Escrow
$0
RPM LUXE REALTY
Rodger Morelli
Monthly
Insurance,Maintenance Grounds,Sewer,Trash,Water
1318
Non-Gated
One
50.0 ft x 135.0 ft
Active
2025-04-10
Listed As-Is
2025-04-10T00:00:00Z
1
7883.0
https://www.propertypanorama.com/1229-S-M-Street-Lake-Worth-Beach-FL-33460--RX-11080470/unbranded
Public
FTL
Property TypeDuplex
StatusActive
Listing IDR11080470
Year Built1957
Lot Area6,750
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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