$649,000
For Sale

618 3rd Avenue S

Lake Worth Beach, FL 33460
1320 sqft | #RX-11031014
Browse 50 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Completely remodeled 1 year ago. Roof 2018. Unique investment opportunity. Tenants in place! Unit 1 tenant lease expires September 30, 2025. Unit 2 tenant lease expires February 20, 2025. Have you been looking for an income-producing property where you can live and collect rent to offset expenses? BINGO! Two 1/1 units, all utilities separately metered (water, sewer, electric and gas), with 3 off-street parking spaces for Unit 1 (including a 1-car garage); Unit 2 enjoys a fenced backyard with patio and separate laundry room with storage. Just 2 blocks from buzzing downtown Lake Worth Beach. Perfect scenario for snowbird who wants a comfortable home that is an easy walk to town and the beach. Each unit is a spacious 1/1 with luxury vinyl flooring, washer/dryer, white Shaker kitchens, floating shelves, stainless appliances (gas range), Shaker vanity in bathrooms, gas hot water heater. Lake Worth Beach has one of the best walkability ratings in the nation. It offers a great quality of life for its residents. There's always something going on. Grab your bag and head to the waterfront Green Market on Saturday. Enjoy an afternoon viewing the wildlife from the Snook Island boardwalk along the Intracoastal. Grab your golf clubs and play 18 holes at the waterfront public golf course. Rent a kayak at the Bryant Park waterfront or spend the day at the beach where you will find shops, restaurants and a 300' pier where you can fish or just enjoy a leisurely stroll. Take in a live performance at the Lake Worth Playhouse. Visit the many art galleries, the Benzaiten Center for Arts (glassblowing), and our very own microbrewery Mathews Brewery. There are many outdoor festivals for your enjoyment throughout the year. Centrally located to Palm Beach International Airport, Tri Rail, downtown West Palm and the glitzy Island of Palm Beach. Come and enjoy South Florida living!

  • Interior Details
      • CoolingCeiling Fan, Central, Electric
  • Property Details
      • Lot Features< 1/4 Acre, Corner Lot, Public Road, Sidewalks
      • Lot Description< 1/4 Acre, Corner Lot, Public Road, Sidewalks
      • Exterior FeaturesFence, Open Patio
      • Exterior MaterialsFence, Open Patio
      • Stories1
    • Measurements
      • Square Feet1320
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1966
    • Material information
      • RoofComposition
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Gas Natural, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionLAKE WORTH TOWN OF
    • Location
      • CountyPalm Beach
      • ZoningMF-20(
  • Financial Details
      • Original List Price$649,000
      • Taxes Annual$8,134
  • Other
      • MLS #RX-11031014

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00