Start of property details
1229 S M Street
Lake Worth Beach, FL 33460
FOR
SALE
$564,999
Active
1,318
Sq.Ft.1957
Yr. BuiltMLS# RX-11080470
Cumulative Days on Market: 5
(since
April 11th, 2025)
Data provided by the MLS.
Property Details
Amazing income and investment opportunity. Currently operating at a 7% Cap Rate. This large and updated Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric and plenty of parking. Situated on an oversized corner lot with room for a pool and / or future expansion. The location in EastLake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more. Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% Occupied with great Tenants.
Property Highlights
Price
$564,999
Property Type
Residential Income
Property Sub Type
Duplex
Living Area
1,246
Price / Sq Ft
$453
Acres
0.00
Year Built
1957
Condition
Resale
Location
Area
5610
County
Palm Beach
Subdivision
LAKE WORTH TOWN OF ADD 1
View
Other, Water
Zoning Description
SF-R(c
Property Details
Condition
Resale
Price
$564,999
Property Sub Type
Duplex
Property Type
Residential Income
Building
Levels
One
Total Area
1,318
Community
Community Features
Non Gated
Interior Features
Area and Spaces
Number of Units
2
Interior Features
Flooring
Ceramic Tile
Heating and Cooling
Heating Features
Other
Building Details
Construction
Year Built
1957
Materials
Construction Materials
Block
Roof
Tar Gravel
Terms
Terms
Special Conditions
Listed As Is
Special Terms
Cash, Conventional
Taxes
HOA
Association Fee Frequency
Monthly
Association Fee Includes
Insurance, Maintenance Grounds, Sewer, Trash, Water
Tax
Tax (Annual)
$7,883
Heating, Cooling & Utilities
Cooling Features
Electric
Utilities
Sewer
Public Sewer
Utilities
Cable Available, Natural Gas Available, Sewer Available, Water Available
Water Source
Public
Lot
Lot Dimensions
50.0 ft x 135.0 ft
Lot Features
Less Than Quarter Acre
Lot Size
6,750
Lot Size Area Sq Ft
6,750
Exterior Features
Exterior Features
Room For Pool
Pool Features
Pool Features
None
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Property History
3 days ago
Property information last updated
4 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 5.
Data provided by the MLS.
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Listing Data last updated: 04/14/2025 11:40 pm
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Listed by Rpm Luxe Realty
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