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3956 MELALEUCA Lane, Lake Worth FL 33461

House For Sale
$389,900

BTC: 5.98189629

ETH: 204.92578733

-$20K (2026/07/25)
15 days
4 bds
3 ba
1,620 sqft

Overview

Great Investment Income Opportunity! Excellent opportunity for investors or owner-occupants looking to generate rental income. According to county records, this property is a 2-bedroom, 2-bathroom home. It is currently configured with: A main unit featuring 2 bedrooms and 1 bathroom, which is vacant and ready for an owner-occupant or a new tenant. A studio unit with 1 bedroom and 1 bathroom, currently rented on a month-to-month basis. An efficiency unit, also rented on a month-to-month basis. Whether you're looking to live in the main unit while collecting rental income or maximize cash flow by leasing all units, this property offers excellent income-producing potential. Property is being sold AS IS.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1962
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$241
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$384,945
$260K – $602K
Confidence Low
List vs. estimate
At estimate
List $389,900 · +1.3%
List is in line with recent comparable activity.
Price per sq ft
$240
-20.3% vs. city median $302
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $11.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,377
2025
Parking
6 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Driveway

    Property

    • Levels: 1

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 00434430011120013

    • Zoning: RM

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Septic

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $4,377

  • Source details

    • MLS ID: B26053332

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Septic

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: One Story

    • Living Area: 1620

    • Water Source: Public

    • Subdivision Name: PALM BEACH FARMS CO 7

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. 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: Goldbay Realty Inc