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7871 Terrace, Lake Worth, FL 33462

Multi-family For Sale
$399,700

BTC: 4.60218768

ETH: 199.85000000

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

Overview

This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long-term development potential. Constructed of durable CBS, the property features a newer roof installed in 2024 and is zoned multi-family medium density, allowing for up to five units. What appears to be a vacant lot next door is actually part of the property, offering additional land for future expansion or redevelopment.One unit has been moderately renovated with updates that include laminate flooring and appliances. The second unit has been fully renovated and professionally staged. It features updated kitchen cabinetry with a snack bar and is currently operating as a successful short-term rental, creating an attractive opportunity for diversified income streams.The

Location

Florida • Lake Worth • 33462 • Multi-family • For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1955
Lot:
10000 Square Feet
Heating:
No Data
Price/sqft:
$423
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 10000 Square Feet

    Other Property Information

    • Parcel Number: 00434510070000870

    • Zoning: RM

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,337

  • Source details

    • MLS ID: RX-11148464

    Other facts

    • Direction Faces: Federal Highway heading North passed Gateway Blvd, turn left onto Miner Road, right on Terrace Road. Duplex is on left.

    • Garage: Yes

    • Living Area: 944

    • Subdivision Name: TROPICAL TERRACE

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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 ©2025-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: Lang Realty/Delray Beach