130 South Lakeside Drive

Lake Worth Beach, FL 33460

$1,750,000
Price
Beds
3,408 Sq. Ft.
$513 / Sq. Ft.
3,408
Sq. Ft.
$513
per Sq. Ft.

Description

This 5 unit building is in Prime location fully Occupied with Washer dryer on premise. Directly across the street from intracoastal park. Opportunity to build up if desired. Collect income from 5 units while waiting on your project or keep this Gem for future development. Just over the bridge to the Beach. The park has a heart trail, fishing,boating,golf course,Steps to trendy Downtown shops and restaurants. Access will be granted upon executed contract only. Do not Disturb tenants under any circumstance....This 5 unit building is in Prime location fully Occupied with Washer dryer on premise. Directly across the street from intracoastal park. Opportunity to build up if desired. Collect income from 5 units while waiting on your project or keep this Gem for future development. Just over the bridge to the Beach. The park has a heart trail, fishing,boating,golf course,Steps to trendy Downtown shops and restaurants. Access will be granted upon executed contract only. Do not Disturb tenants under any circumstance. Dream Opportunity for Investors. New Bonus being added by the Seller inquire within.
  1. Listed by Amy J Sylvia • RE/MAX Prestige Realty/WPB

Property Details for 130 South Lakeside Drive

Subdivision
LAKE WORTH TOWN OF
Waterfront
No
Waterfront Details
None
View
Garden, Other
Style
No Pool/No Water

Location

Listing Courtesy of RE/MAX Prestige Realty/WPB
Add your commute
LISTING UPDATED: 05/06/2024 09:33 AM

Property Details for 130 South Lakeside Drive

StatusActive
MLS #RX-10941734
Days on Market150
Taxes$14,362 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1954
Lot Size0.31 AC / 13,491 SF
CountyPalm Beach County

Location

Listing Courtesy of RE/MAX Prestige Realty/WPB
Add your commute

Building Information for 130 South Lakeside Drive

Stories1Residences5Year Built1954Building Size-Lot Size0.31 AC / 13,491 SF

Payment Calculator

$10,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 130 South Lakeside Drive

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Lake Ave to s Lakeside Drive turn S To property on East side corner
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 130
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5600
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Application Fee: $.00
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: 1/2 to < 1 Acre, 1/4 to 1/2 Acre
  • Lot Dimensions: 100.0 ft x 135.0 ft
  • Parcel ID: 38434421150350010
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 3,632
  • Square Ft Source: Tax Rolls
  • Zoning: MF-30(
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
  • Sq Ft Liv Area: 3408.0
  • Legal Description: TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
Utilities
  • Utilities: Public Sewer, Public Water, Water Available
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Concrete Block Construction, Concrete Block With Brick
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Dog Park, Fitness Trail, Golf Course, None, Picnic Area, Playground
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central
  • Flooring: Tile, Wood Floor
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $68,700.00
  • Income & Expenses: Annual Total Expense: $4,800.00
  • Income & Expenses: Gross Operating Inc: $73,500.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: A/C Unit
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,400
  • Unit 1 Info: SqFt: 700.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Microwave, Refrigerator
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,300
  • Unit 2 Info: SqFt: 680.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Info: Monthly Income: $1,100.00
  • Unit 3 Info: SqFt: 680.0
Unit 4
  • Unit 4 Info: Monthly Income: $1,400.00
  • Unit 4 Info: SqFt: 720.0
Rental
Rental Information
  • Pets on Premises: Yes
  • Other Fees: $0

Property History for 130 South Lakeside Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 130 South Lakeside Drive

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
South Grade Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Lake Worth Community 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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130 South Lakeside Drive is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on December 8, 2023 by RE/MAX Prestige Realty/WPB, it's currently listed at $1,750,000. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth High School and Lake Worth Community Middle School. 130 South Lakeside Drive is a 0-bed, 0-bath, 3,408 sqft multi-family home built in 1954.

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 RE/MAX Prestige Realty/WPB

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.