$1,250,000
Lake Worth Beach, FL 33461
MLS# B26006749
3696 sqft
1 / 39
Property Description
RARE MULTI FAMILY OPPORTUNITY. NEW ROOFS. OVER $100,000 in GROSS ANNUAL REV.
Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: Yes
Listing Contract Date: 2026-03-25
Status: Active
Original List Price: 1250000
List Price: $1,250,000
Current Price: $1,250,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 00
Geographic Area: PB17
Subdivision Number: 6
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 4733
Street Name: Mulberry
Street Suffix: Street
State Or Province: FL
Postal Code: 33461
Postal Code +4: 5135
Subdivision Name: MULBERRY PARK
Area: 5700
Elementary School: Starlight Cove
Middle Or Junior School: Tradewinds
High School: Lake Worth
Parcel Number: 00434430060000120
Zoning: RM
Directions: Exit 6th Ave from I-95 and head WEST, 6th Ave turns into Melaleuca, make right on Mulberry, Two Duplexes are on the LEFT
Currently Not Used
Number Of Units Total: 4
General Property Information
Adjusted Area Main: 3696
Living Area Main: 3696
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 6
Lot Size Area: 13417
Senior Community YN: No
Outdoor Living Spaces YN: No
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.68
Property Sub Type: Quadruplex
Building Area Main: 3696
Building Area Source: Public Records
Year Built: 1973
Lot Size Acres: 0.31
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 742820
Assessor Market Value: 821653
Tax Annual Amount: 14592.92
Tax Year: 2025
Tax Legal Description: MULBERRY PARK LT 12 (LESS S 15 FT RD R/W)
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Barbecue: 1
Courtyard: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Rent Rolls: 1
Fencing
Back Yard: 1
Fenced: 1
Gate: 1
Meter Information
Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Possession
Subject To Tenant Rights: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Electricity Available: 1
Water Available: 1
View
City: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Stucco: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Corner Lot: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 33800
Gross Income: 100800
Net Operating Income: 67000
Operating Expense: 10800
Source Of Expenses
Owner Provided: 1
Boat and Dock Information
Dock: No
Cooling
Central Air: 1
Central Individual: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Text Listing Agent: 1
See Remarks: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Tax Information
No Homestead: 1
Other Exemption: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2100
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 924
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-04-30
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 2100
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 924
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-04-30
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 2100
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 924
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-04-30
Occupant Type: Tenant
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 2100
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 924
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-04-30
Occupant Type: Tenant
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Parking Space: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 338.2
Status Change Information
Major Change Timestamp: 2026-03-25T17:41:28Z
Major Change Type: New Listing
Status Change Date: 2026-03-25
Originating Details
Originating System Key: 20260321175746860583000000
Originating System ID: M00000170
Property Features
Documents Available: Rent Rolls
Exterior Features: Barbecue; Courtyard
Fencing: Back Yard; Fenced; Gate
Flooring: Tile
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Cable TV
Source Of Expenses: Owner Provided
Construction Materials: CBS; Stucco
Cooling: Central Air; Central Individual
Heating: Central
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Corner Lot
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Road Frontage Type: City Street
Roof: Shingle
Sewer: Septic Tank
Tax Information: No Homestead; Other Exemption
Utilities: Cable Available; Electricity Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent; See Remarks
Occupant Details: Tenant Occupied
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Kitchen
Supplements
RARE OPPORTUNITY. TWO DUPLEXES CBS construction, located on .31 Acres CORNER LOT directly off of Melaleuca. Each unit has 2 Bedrooms and 1 Bathroom and is approximately 924 square feet. Every unit has their own washer & dryer along with their own central AC. Each unit has one exterior parking spot and property comes with 2 additional GUEST parking spots. All units are currently rented. Centrally located near all amenities including Publix right up the street and minutes from I-95 and downtown Lake Worth. Assumable FHA Mortgage at 2.9%
Listing Office: Lemon Drop Realty
Last Updated: March - 30 - 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.
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