1020 S K ST new

Lake Worth Beach,FL 33460

$ 549900

4 Beds

2 Baths

1600 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $343

Subdivision Lake Worth Town Of Add 1

MLS Listing ID RX-11142856

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,084

Tax Year 2025

Lot Size 6,750 Sqft

Property Sub-Type Duplex

Property Description

Fully Fenced Concrete-block Duplex in Lake Worth Beach. The Front 1/1 unit has 800 total Sq ft with private off street parking. The Rear unit has 3 bedrooms and 1 bath with plenty of street parking. Both Units come with long term ''good'' tenants. Total rents are now $4,400 per month with a $50/month annual increase. April 1, 2026 Rents will increase to $4,500/month. The Roof is approximately five years. The owner recently invested significant time and expense to install a brand-new separate 2nd water meter, allowing each tenant to pay their own utilities and reducing operating costs for the next owner. The outside shed has a washer and dryer hook up and is currently used for storage. Excellent income property close to downtown, restaurants, shops, and the famous Lake Worth Beach Pier.

Location

State FL

County Palm Beach

Area 5610

Zoning SF-R(c

Interior

Heating Other

Cooling Wall-Win A/C

Flooring Tile

Exterior

Exterior Feature Auto Sprinkler,Exterior W/D Hookup,Fence,Open Porch,Room for Pool,Shed

Community Features Sold As-Is

Utilities Available Cable,Electric,Public Sewer,Public Water,Water Available

Amenities Available None

Waterfront Description None

View Other

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation Concrete

Construction Status Resale

Schools

Elementary Schools South Grade Elementary School

Middle Schools Lake Worth Community Middle

High Schools Lake Worth High School

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash,Conventional,Exchange,VA

Listing Terms Cash,Conventional,Exchange,VA

Financing Cash,Conventional,Exchange,VA

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