SOSA

Lake Worth Beach, FL 33460

$498,000
Last Sold Price
Beds
1,120 Sq. Ft.
$445 / Sq. Ft.
1,120
Sq. Ft.
$445
per Sq. Ft.

Description

Amazing income & investment opportunity. This large and updated Duplex is 1 Bedrooms / 1 Bath on each side each with its own separate laundry, separate electric, and private parking including guest 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...Amazing income & investment opportunity. This large and updated Duplex is 1 Bedrooms / 1 Bath on each side each with its own separate laundry, separate electric, and private parking including guest 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. Can also be purchased with my other Duplex listing next door as a 4 unit package.
  1. Listed by Rodger Morelli • RPM LUXE REALTY

Property Details for SOSA

Subdivision Name
Lake Worth Town Add 01
Style
Duplex
Waterfront
No

Location

Listing Courtesy of RPM LUXE REALTY

Sold By Keller Williams Dedicated Prof

Add your commute
LISTING UPDATED: 10/17/2023 08:23 AM

Property Details for SOSA

StatusClosed Sale
MLS #F10396115
Days on Market21
Taxes$4,888 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1962
Lot Size-
CountyPalm Beach County

Location

Listing Courtesy of RPM LUXE REALTY

Sold By Keller Williams Dedicated Prof

Add your commute

Building Information for SOSA

Stories-Residences2Year Built1962Building Size-Lot Size-

Payment Calculator

$3,125 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,718

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for SOSA

General Information
General Information
  • Sq Ft Liv Area: 1120.0
  • Information Available: Copy Of Lease(S), Rent Rolls
  • Township Range: 43
  • Street Number Numeric: 1202
  • Street Number: 1202
  • Street Direction Prefix: S
  • Street Name: M St
  • County Or Parish: Palm Beach County
  • Postal Code: 33460
  • City and Location Text: Lake Worth Beach
  • Pets On Premises YN: No
  • City Postal ID: 33460
Maintenance / Tax Information
  • Tax Amount: $4,888
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2022
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Lake Worth Town Add 01
  • Total Units: 2
  • Type of Property: Duplex
  • Year Built Numeric: 1962
  • Year Built Description: Resale
  • MLS Area: 5610
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Ceramic Floor
  • Flooring: Ceramic Floor
Exterior
  • Construction Type: Concrete Block Construction
  • Pool: No
  • Roof Description: Comp Shingle Roof
  • Construction: Concrete Block Construction
  • Roof: Comp Shingle Roof
Utilities
  • Cooling Description: Electric Cooling
  • Heating Description: Electric Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: SFR
  • Num Parking Spaces: 4
  • Num Stories: 1
Community Information
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 5610
  • Geographic Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Parcel Number Free Text: 38434427010560080
  • Section: 27
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Acctg Legal: No
  • Exp Incl Adv Lic Permit: No
  • Exp Incl Electric: No
  • Exp Incl Extermination: Yes
  • Exp Incl Gas Oil: No
  • Exp Incl Insurance: Yes
  • Exp Incl Janitor: No
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Maintand Repair: Yes
  • Exp Incl Management: Yes
  • Exp Incl Miscellaneous: No
  • Exp Incl Pool Service: No
  • Exp Incl Property Tax: No
  • Exp Incl Replace Reserve: No
  • Exp Incl Retax: Yes
  • Exp Incl Supplies: No
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $10,988
Income Information
  • Gross Rent Income: $40,200
  • Net Operating Income: $29,212
Rent Information
Rent Information
  • Rent Includes: Electric

Property History for SOSA

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for SOSA

Taxable ValueLand$141,750Additions$168,372Total$310,122
Tax Record2023$7,787 ($649 / month)
Home Facts
Baths2Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories1Lot Size6,717 SqFtStyleDuplexYear Built1962Year Renovated1992ZoningSFRCountyPALM BEACHAPN38-43-44-27-01-056-0080

Schools near SOSA

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
Barton Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Lantana Middle School
Public6 to 8

Palm Beach Maritime Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RPM LUXE REALTY

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.