1229 S M Street, Lake Worth Beach, FL 33460

1229 S M Street, Lake Worth Beach, FL 33460

$480,000
Price

1,246

Property Type:

Duplex

Status:

Active

Listing ID:

R11080470

Year Built:

1957

Lot Area:

6,750

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

Cooling System: Electric
Sewer: Public Sewer
Heating system: Other
Flooring Type: Ceramic Tile
Private Pool: None

Extended Details

Exterior Features: Room For Pool
Virtual Tour URL: Virtual Tour URL
Subdivision: LAKE WORTH TOWN OF ADD 1
Construction: Block
Terms Considered: Cash, Conventional
Utilities: Cable Available,Natural Gas Available,Sewer Available,Water Available
Lot Description: < 1/4 Acre
Private Pool:
Courtesy of: RPM LUXE REALTY
Association Fee Frequency: Monthly
Association Fee Includes: Insurance,Maintenance Grounds,Sewer,Trash,Water
Building Size: 1318
Community Features: Non-Gated
Levels: One
Lot Size Dimensions: 50.0 ft x 135.0 ft
Mls Status: Active
On Market Date: 2025-04-10
Special Listing Conditions: Listed As-Is
Status Change Timestamp: 2025-04-10T00:00:00Z
Stories: 1
Tax Annual Amount: 7883.0
Video Url: https://www.propertypanorama.com/1229-S-M-Street-Lake-Worth-Beach-FL-33460--RX-11080470/unbranded
Water Source: Public
Originating System Name: FTL