1229 South M Street
1229 South M Street
$599,000
—
1,246
1,246
$481
Description
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...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.
- Listed by Rodger Morelli • RPM LUXE REALTY
Property Details for 1229 South M Street
Subdivision Name
Lake Worth Town Add 01
StyleDuplex
WaterfrontNo
Location
LISTING UPDATED: 11/11/2023 07:46 AM
Property Details for 1229 South M Street
Status | Active |
---|---|
MLS # | F10409307 |
Days on Market | 175 |
Taxes | $6,453 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1957 |
Lot Size | - |
County | Palm Beach County |
Location
Building Information for 1229 South M Street
Stories-Residences2Year Built1957Building Size-Lot Size-
Payment Calculator
$3,807 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1229 South M Street
Property History for 1229 South M Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1229 South M Street
Taxable ValueLand$141,750Additions$171,319Total$313,069
Tax Record2023$7,203 ($600 / month)
Home Facts
Baths2Total Finished SqFt1,246 SqFtAbove Grade Finished SqFt1,246 SqFtStories1Lot Size6,717 SqFtStyleDuplexYear Built1957Year Renovated2000ZoningSFRCountyPALM BEACHAPN38-43-44-27-01-055-0160
Schools near 1229 South M Street
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.
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