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507 S L Street , #1

Lake Worth Beach, FL 33460
  • $895,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: RX-10936628
UPDATED: 78 min ago
$895,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,589
    SQFT
  • $346
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Description

An incredible opportunity to own this tropical compound. A triplex sitting on a rare enormous oversized lot featuring: (3) updated spacious rental units-(1) 3 bedroom 2 bath stand-alone home in the rear of the property. A front CBS duplex- (1) 2 bedroom 1 bath unit and another spacious (1) 3 bedroom 2 bath unit. Private 75ft x 135ft fenced lot. Private parking. Laundry rooms. Room to add a possible pool. This property is a perfect investment property for all types of rentals or for the owner occupant- let the 2 other rental units help cover your expenses! Very unique property. Perfect location. Only a few short blocks to Downtown Lake Worth Beach, great restaurants, shopping , & steps to the Intracoastal Waterway/Beaches. Close to I95/airport. Please do not disturb the tenants.

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www.billeroproperties.com/homes/145315775
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507 S L Street , #1 Lake Worth Beach, FL 33460

  • Price: $895,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 78 min ago
  • MLS #: RX-10936628
0
Beds
0
Baths
0
½ Baths
0.23
Acres
2,589
SQFT
$346
$/SQFT
1954
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
An incredible opportunity to own this tropical compound. A triplex sitting on a rare enormous oversized lot featuring: (3) updated spacious rental units-(1) 3 bedroom 2 bath stand-alone home in the rear of the property. A front CBS duplex- (1) 2 bedroom 1 bath unit and another spacious (1) 3 bedroom 2 bath unit. Private 75ft x 135ft fenced lot. Private parking. Laundry rooms. Room to add a possible pool. This property is a perfect investment property for all types of rentals or for the owner occupant- let the 2 other rental units help cover your expenses! Very unique property. Perfect location. Only a few short blocks to Downtown Lake Worth Beach, great restaurants, shopping , & steps to the Intracoastal Waterway/Beaches. Close to I95/airport. Please do not disturb the tenants.
Exterior Features

Carport Spaces 0.00 Construction CBSConcreteFrame Exterior Features Auto SprinklerCovered PatioDeckExterior W/D HookupFenceFruit Tree(s)Open PatioRoom for PoolWell Sprinkler Lot Description < 1/4 Acre Lot Dimensions 75.0 ft x 135.0 ft Private Pool YN No Roof Built-UpComp Shingle Storm Protection Panel Shutters Partial Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralWall-Win A/C Flooring Ceramic TileLaminateVinyl Floor Heating CentralWindow/Wall Unit1 Bedrooms 3 Unit1 Desc A/C UnitBuilt-in ShelvesDen/FamilyDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSplit BedroomsUtilityW/D HookupWalk-in ClosetsWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 905 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDen/FamilyElectric MeterKitchenMicrowavePatioRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 700 Unit3 Bedrooms 3 Unit3 Desc A/C UnitDen/FamilyElectric MeterKitchenMicrowavePatioRange - ElectricRefrigerator Unit3 Full Baths 2 Unit3 Furnished No Unit3 Sq Ft 1100

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info Leases Built Desc Resale Gated Community No Gross Operating Income 92400.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Triplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OwnerProforma Special Info Sold As-Is Sq Ft Total 2677.00 Subdivision Amenities Common LaundryExtra StoragePicnic AreaSidewalks Tax Amount 11008.00 Tax Year 2023 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventionalFHAVA Unit1 Monthly Income 2950.00 Unit2 Monthly Income 2000.00 Unit3 Monthly Income 2750.00 Utilities CableElectricPublic SewerPublic WaterWater Available Zoning SFR

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