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Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale

1229 S M ST, LAKE WORTH BEACH, FL 33460

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Business Opportunity - Lake Worth Town Add 01 for Sale

1229 S M ST, LAKE WORTH BEACH, FL 33460

Asking Price$599,000

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  • Living 1246sqft
  • Year Built 1957

  • Days on market:

    169 day(s)

  • Price per sqft:

    $480.74

  • Tax Legal Description:

    ADD 1 TO TOWN OF LAKE WORTH LT 16 BLK 55

  • Tax Year:

    2022

  • Property Type:

    Business Opportunity

  • Style:

    Duplex

  • Construction Type:

    Cbs Construction

  • Cooling Description:

    Electric Cooling

  • Heating Description:

    Other

  • Floor Description:

    Ceramic Floor

  • Sewer Description:

    Municipal Sewer

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$599,000 • living size area 1246 sqft

Amazing income & investment opportunity. currently operating at a 6.5% 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 east lake 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.

Similar Properties in this Area

Lake Worth Town

$1,499,999

130 S OCEAN BREEZE, LAKE WORTH BEACH, FL 33460
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