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309 4th, Lake Worth Beach, FL 33460

Multi-family For Sale
$699,000

BTC: 11.29862957

ETH: 201.82887568

8 days
0 room(s)
1,516 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Discover an exceptional investment opportunity with this charming Key West Style home, ideally situated off Ocean Breeze in Lake Worth Beach. Zoned for three units, this property is currently configured as a single-family residence but can be easily converted back to a duplex with separate electric meters already installed. Upon conversion, you can potentially generate an additional $36,000 annually from two rental units. Additionally, there's ample space to build a third unit, which could further increase your income to a minimum of $54,000 annually. The home has been renovated throughout, featuring new floors, bathrooms, kitchen, appliances, washer and dryer, mini split ACs, and updated light fixtures. The corner lot offers versatile space for a potential pool, RV/boat parking, or a

Location

Florida • Lake Worth Beach • 33460 • Multi-family • For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1922
Lot:
No Data
Heating:
No Data
Price/sqft:
$461
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 38434421151610070

    • Zoning: MF-20 (city)/MU

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,534

  • Source details

    • MLS ID: RX-10997991

    Other facts

    • Direction Faces: From i-95 head East on 6th Ave S. Turn Left on Federal Hwy then Right on 4th Ave S, home is on the corner of Ocean Breeze and 4th Ave S

    • Garage: Yes

    • Living Area: 1516

    • Subdivision Name: LAKE WORTH BEACH

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty