1502 South K Lane

Lake Worth, FL 33460

$690,000
Price
6
Beds
2,360 Sq. Ft.
$292 / Sq. Ft.
2,360
Sq. Ft.
$292
per Sq. Ft.

Description

Reduced price from $699,999 to $690,000. Don't miss out on this great investment opportunity! One year old Duplex (6 beds/4 baths) with everything new. Each unit has its own entrance on separate streets and individual parking spaces. Perfect for owners/investors looking to live in one unit and rent out the other. Each unit offers 3 beds/2 baths. Unit A is now vacant and newly painted. Unit B is occupied. Expected rent $3,000 plus. Do not delay, CALL US TODAY!Reduced price from $699,999 to $690,000. Don't miss out on this great investment opportunity! One year old Duplex (6 beds/4 baths) with everything new. Each unit has its own entrance on separate streets and individual parking spaces. Perfect for owners/investors looking to live in one unit and rent out the other. Each unit offers 3 beds/2 baths. Unit A is now vacant and newly painted. Unit B is occupied. Expected rent $3,000 plus. Do not delay, CALL US TODAY!
  1. Listed by Claudie Telcy • LPT REALTY

Property Details for 1502 South K Lane

Subdivision Name
LAKE WORTH TOWN ADD 01
Township
44
Waterfront
No

Location

Listing Courtesy of LPT REALTY
Add your commute
LISTING UPDATED: 05/02/2024 10:40 PM

Property Details for 1502 South K Lane

StatusActive
MLS #T3490464
Days on Market152
Taxes$11,042 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2022
Lot Size0.15 AC / 6,750 SF
CountyPalm Beach County

Location

Listing Courtesy of LPT REALTY
Add your commute

Building Information for 1502 South K Lane

Stories-Residences2Year Built2022Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$4,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,766

Property Taxes

$920

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1502 South K Lane

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2360.0
  • Building Area Units: Square Feet
  • Directions: Direction: Use I-95 to W Palm Beach ,2nd from the right vlane to take exit 63 for 6th Ave s, use the left lanes to turn left unto 6th ave S (Siggns for Lake Worth); Turn right onto 12Th Av S, turn left onto Winggfield S, turn left onto 15th sAve S then turn right onto S K St
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1502
  • Street Direction Prefix: S
  • Street Name: K
  • Street Suffix: LANE
  • State: FL
  • City: LAKE WORTH
Parking
  • Attached Garage: No
  • Available For Lease: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Other
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 81
  • Tax Book Number: 5-6
  • Tax Legal Description: ADD 1 TO TOWN OF LAKE WORTH, LT 5 BLK 81
  • Tax Lot: 5
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x135
  • Parcel Number: 38-43-44-27-01-081-0050
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: SF-TF-14
  • Living Area: 2360
  • Lot Dimensions: 50x135
Property and Assessments
  • Year Built Numeric: 2022
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 43
  • Public Survey Section: 27
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Other
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Other
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $35,053
  • Annual Net Income: $27,347.00
  • Gross Income: $62,400
  • Total Monthly Expenses: $2,921
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Description 1: A, B
  • Unit Type Heated Sq Ft 1: 2360
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 3000
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 2
Rental
Rental Information
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $5,200

Property History for 1502 South K Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1502 South K Lane

Taxable ValueLand$86,258Additions$388,830Total$475,088
Tax Record2023$11,384 ($949 / month)
Home Facts
Baths1Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtStories1Lot Size6,752 SqFtStyleDuplexYear Built2022ZoningSF-TF-14CountyPALM BEACHAPN38-43-44-27-01-081-0050

Schools near 1502 South K Lane

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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1502 South K Lane is a multi-family home for sale in Lake Worth, FL 33460. This property was listed for sale on December 6, 2023 by LPT REALTY, it's currently listed at $690,000. It has been on the market for a total of 152 days and was last sold on August 11, 2022. This listing's school district is Palm Beach. Nearby schools include Barton Elementary School, Lake Worth High School and Lantana Middle School. 1502 South K Lane is a 6-bed, 0-bath, 2,360 sqft multi-family home built in 2022.

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 LPT 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.