506 S M St Lake Worth Beach, FL $ 1,429,774
506 S M St
$ 1,429,774
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506 S M St

Lake Worth Beach, FL, 33460
$ 1,429,774
Baths0.0 Sq 1,728

Monthly Estimate*

$ 8,563

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Studio Multi-Family Home for sale in Lake Worth Beach, FL for $1,429,774. This 1,728 square foot home was built in 1925.

Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.

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Multi-Family Active

Price

$ 1,429,774

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,677

Style

Fourplex

Year Built

1925

Town/City

Lake Worth Beach

County/Region

PALM BEACH

MLS | Web ID

F10465638

Features
Exterior
Lot Description Less Than 1/4 Acre Lot
Exterior Features Fence Patio
Parking Spaces 0
Construction Type Concrete Block Construction Other Construction
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Interior
Heating Description Electric Heat
Flooring Other Floors
Cooling Description Electric Cooling
Cable 1
Stories 2.0000
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General
Rent Includes None
Water Access Type None
Pool Y/N 0
Style Fourplex
Property Type Residential Income
Area 5600
Subdivision Name Lake Worth Town Add 01
Section 27
Year Built 1925
Gated Community 0
Type of Property Fourplex
Waterfront Property 0
Type of Association None
REO 0
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* Excluded Features
List By
The Keyes Company

Broker

LesWaites@keyes.com

Email

Affordability Calculator

$9,369
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,563
Monthly Property Taxes
$806
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2024$1,429,774 Listed Price

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506 S M St, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $1,429,774 with 1,728 sqft. 506 S M St is a studio with 0.0 baths and was built in 1925. The property's zip code is 33460 which is in Lake Worth Beach, FL