LEMON DROP REALTY

326 S Federal Highway, Lake Worth Beach, FL 33460 (MLS # RX-10588685)

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PRICE $590,000
BEDS n/a
BATHS 3 full
HOME SIZE 1,608 sq ft
LOT SIZE 6,750 sqft

An Investors Dream. Property completely upgraded. This luxurous complex is situated directly on Federal Highway and one block west of Bryant Park.This gem is walking distance to Downtown Lake Worth, the intracoastal and the beach. All tenants are on a month to month lease which gives the buyer the opportunity to either raise the rent to market value or use the property for a different purpose such as an air bnb, vacation rentals or renegotiating all lease terms. Each unit has their own meter and air. The property includes an on site gas coin operated washer and dryer and has a tankless water heater. This is a rare opportunity to buy a turn key investment in the beautiful Lake Worth Beach area. Permit approved for building on empty lot infront of triplex. A must see.

DAYS ON MARKET 45 LAST UPDATED 1/30/2020
TRACT LAKE WORTH TOWN OF YEAR BUILT 1928
COUNTY Palm Beach TOTAL PARKING 4
STATUS Pending PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jan 7, '20 $610,000
Jan 7, '20 - Today $590,000


ADDITIONAL DETAILS
AREA 4140
AVAIL INFO None
CARPORT SPACES 4.00
CITY Lake Worth Beach
CONSTRUCTION CBS
CONTINGENT Pending
CONTINGENTS None
COOLING Ceiling Fan, Wall-Win A/C
COUNTY Palm Beach
EXTERIOR FEATURES Custom Lighting, Exterior W/D Hookup, Fence, Open Patio, Room for Pool
FLOORING Tile
HEATING Gas
HOMEOWNERS ASSOC None
HOPA No Hopa
INCOME & EXPENSES: ANNUAL NET OPER INC 0.00
INCOME & EXPENSES: ANNUAL TOTAL EXPENSE 0.00
INCOME & EXPENSES: GROSS OPERATING INC 4220.00
LEGAL DESC TOWN OF LAKE WORTH LT 2 BLK 107
LOT DESCRIPTION < 1/4 Acre,Sidewalks
LOT SQFT 6750.00
MULTIPLE OFRS ACPTD Yes
NUMBER OF STORIES 2.0
PARCEL ID 38434421151070020
ROOF Other
SEPARATE ELEC METERS Yes
SEPARATE WTR METERS No
SHORT SALE No
SHORT SALE A/U N/A
SHORT SALE ADDENDUM No
SOURCE OF EXPENSES Other
SQFT - LIVING 1608.00
SQFT SOURCE Floor Plan
SUBDIV AMENITIES Common Laundry, Sidewalks, Street Lights
SUBDIVISION LAKE WORTH TOWN OF
TAX YEAR 2019
TAXES County Only,No Homestead
TENANT PAYS Cable,Electric,Water
TOTAL # OF UNITS 3
TYPE Triplex
UNIT 1 DESC A/C Unit,Dishwasher,Kitchen,Microwave,Range - Gas,Refrigerator
UNIT 1 INFO: BEDROOMS 1
UNIT 1 INFO: FULL BATH 1
UNIT 1 INFO: FURNISHED Partial
UNIT 1 INFO: MONTHLY INCOME 1220.00
UNIT 1 INFO: SQFT 500
UNIT 1 PARKING Open Parking
UNIT 2 DESC A/C Unit,Dishwasher,Kitchen,Microwave,Range - Gas
UNIT 2 INFO: BEDROOMS 1
UNIT 2 INFO: FULL BATH 1
UNIT 2 INFO: FURNISHED Partial
UNIT 2 INFO: MONTHLY INCOME 1300.00
UNIT 2 INFO: SQFT 500
UNIT 2 PARKING Open Parking
UNIT 3 INFO: BEDROOMS 2
UNIT 3 INFO: FULL BATH 1
UNIT 3 INFO: MONTHLY INCOME 1500.00
UNIT 3 INFO: SQFT 1200
UNIT 4 INFO: MONTHLY INCOME 0.00
UNIT 4 INFO: SQFT 0
UTILITIES Gas Natural
WATERFRONT None
YEAR BUILT 1928
YEAR BUILT DESC Resale
ZIP CODE 33460
ZONING PO/MF-

ZESTIMATE
326 S Federal Highway, Lake Worth Beach, FL

RENT ZESTIMATE
$ / mo.  326 S Federal Highway, Lake Worth Beach, FL

72 Very Walkable

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Listed with United Realty Group Inc
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© 2020 Jupiter Tequesta Hobe Sound Multiple Listing Service, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Jupiter Tequesta Hobe Sound Multiple Listing Service, Inc.
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Data last updated: 2/16/20 8:30 PM PST.