$420,000
Lake Worth Beach, FL 33460
MLS# R11166060
Status: Closed
1386 sqft
1 / 42
Property Description
Income-producing duplex in the heart of Lake Worth Beach, Florida, just three blocks south of Lake Ave -- steps from restaurants, nightlife, and downtown entertainment. This property features a 2016 roof and a recently replaced shared water heater. Each unit has its own window A/C units. Both units are 1-bedroom, 1-bathroom with an additional bonus room that can serve as a small second bedroom or home office. Each unit offers an adequate living room area and compact kitchen with gas range and refrigerator. The upper unit also features a dining area. The building is toward the rear of the lot with on-site parking, leaving usable frontage that may be enhanced or modified as permitted. Excellent opportunity for investors seeking steady rental income in a prime walkable location.
Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-02-23
Status: Closed
Original List Price: 450000
Sold Price: $420,000
Current Price: $420,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Country: United States
Street Number: 305
Street Direction Prefix: S
Street Name: K
Street Suffix: Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Elementary School: South Grade
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 38434421151150181
Zoning: SF-R(c
General Property Information
Living Area Main: 1296
Lot Size Dimensions: 47.0 ft x 135.0 ft
Gated Community YN: No
Lot Size Area: 6345
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1386
Building Area Source: Public Records
Year Built: 1931
Lot Size Acres: 0.15
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2026-04-06T22:38:36Z
Major Change Type: Status Change
Status Change Date: 2026-04-06
Under Contract Date: 2026-03-06
Close Date: 2026-04-03
Close Price: 420000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Gas: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Fruit Tree(s): 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 15472
Gross Income: 38760
Net Operating Income: 23288
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Occupied: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Contingencies
Inspection: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 3000
Concessions Detail
Closing Costs: 1
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1550
Baths Full: 1
Furnished: Unfurnished
SqFt: 648
Unit 1 Lease Description
Lease Expiration: 2026-11-30
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1650
Baths Full: 1
Furnished: Unfurnished
SqFt: 648
Unit 2 Lease Description
Lease Expiration: 2026-07-30
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 347.22
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 7788.71
Tax Year: 2025
Tax Legal Description: TOWN OF LAKE WORTH S 22 FT OF LT 18 & LT 19 BLK 115
Originating Details
Originating System Key: 20260223174639471019000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Flooring: Tile; Wood
Property Condition: Resale
Tenant Pays: Electricity; Gas
Source Of Expenses: Owner Provided
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Fruit Tree(s)
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Natural Gas Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Occupied
Occupant Details: Tenant Occupied
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Contingencies: Inspection
Concessions Detail: Closing Costs
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Blue View Real Estate
Last Updated: April - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
MEET OUR TEAM
