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218 S M St, Lake Worth FL 33460

Multi-family For Sale
$674,999

BTC: 10.30532824

ETH: 374.99944444

28 days
0 room(s)
1,742 sqft

Overview

Income producing property in the heart of Lake Worth Beach just a short walk to Downtown Lake Ave and about one mile to the beach. Prime location near Bryant Park, golf course, and restaurants. Property generates over $6,000 per month with room to increase rents. Produces more income than most triplex properties in the area. Updated units with strong rental demand and on site parking. Ideal for an investor looking for solid cash flow in a high demand market.

Location

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1926
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$387
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$435K – $794K
Confidence Low
List vs. estimate
$75K above estimate
List $674,999 · +12.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$387
-16.3% vs. city median $463
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $370K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,606
2025
Parking
5 spaces
All facts and features

  • Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 38434421150930040

    • Zoning: MU-E (ci

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $12,606

  • Source details

    • MLS ID: A12008809

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached / Old Spanish

    • Living Area: 1742

    • Subdivision Name: LAKE WORTH TOWN OF

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33460
25
median $489K
Active
Same city
Lake Worth
105
median $475K
Active
Same type
Multi-family
7
median $730K
Active
Similar price
$472K – $877K
32
median $617K
Active

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: Luxury Brand Real Estate LLC