225 North M Street, Unit 1

Lake Worth Beach, FL 33460

$413,000
Last Sold Price
Beds
1,336 Sq. Ft.
$309 / Sq. Ft.
1,336
Sq. Ft.
$309
per Sq. Ft.

Description

Two-story duplex located just two blocks from downtown Lake Worth Beach and minutes from the beach! The upstairs unit features updated flooring, open living room area, central a/c. Washer/dryer hookup in the lower unit. The lower unit features ceramic tile floors, recently painted interior, and garage area currently used as part of the living area. This duplex was built in 1920 and features many of the original characteristics, while also featuring modern day conveniences. Large front yard space,...Two-story duplex located just two blocks from downtown Lake Worth Beach and minutes from the beach! The upstairs unit features updated flooring, open living room area, central a/c. Washer/dryer hookup in the lower unit. The lower unit features ceramic tile floors, recently painted interior, and garage area currently used as part of the living area. This duplex was built in 1920 and features many of the original characteristics, while also featuring modern day conveniences. Large front yard space, with open patio area. Tented for termites in 2020. Upper unit rent amount is below current market rates. Lower unit rent amount listed is the projected rent amount. Great investment opportunity in Lake Worth Beach!
  1. Listed by Keith W Korpi • Coastal Classic Realty

Property Details for 225 North M Street, Unit 1

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

Location

Listing Courtesy of Coastal Classic Realty

Sold By EXP Realty LLC

Add your commute
LISTING UPDATED: 10/25/2022 03:42 PM

Property Details for 225 North M Street, Unit 1

StatusClosed
MLS #RX-10822163
Days on Market47
Taxes$4,367 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.08 AC / 3,375 SF
CountyPalm Beach County

Building

Lake Worth Beach

2 StoriesBuilt in 1920

Location

Listing Courtesy of Coastal Classic Realty

Sold By EXP Realty LLC

Add your commute

Building Information for 225 North M Street, Unit 1

Stories2Residences-Year Built1920Building Size-Lot Size0.08 AC / 3,375 SF

Payment Calculator

$2,618 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,254

Property Taxes

$364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 225 North M Street, Unit 1

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I-95 to 10th Ave N exit, go East to Dixie Hwy. Turn right going South on Dixie Hwy, turn left on 2nd Ave N, turn left on N M St. Property will be on the left side of the street.
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Corporate Owned, Sold As-Is
  • Street Number: 225
  • 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
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2021
  • HOA Dues: $0
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, East of US-1
  • Lot Dimensions: 25.0 ft x 135.0 ft
  • Parcel ID: 38434421150460200
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,756
  • Square Ft Source: Other
  • Zoning: MF-30(
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 20 BLK 46
  • Sq Ft Liv Area: 1336.0
  • Legal Description: TOWN OF LAKE WORTH LT 20 BLK 46
Utilities
  • Utilities: Electric, Gas Natural, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Contingents: None
  • Exterior Features: Fence, Open Patio
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Sidewalks
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Ceiling Fan, Central, Wall-Win A/C
  • Flooring: Ceramic Tile, Laminate
  • Heating: Central, Electric
  • Window Treatments: Blinds
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $27,600.00
  • Income & Expenses: Annual Total Expense: $6,000.00
  • Income & Expenses: Gross Operating Inc: $33,600.00
  • Tenant Pays: Electric
Unit 1
  • Unit 1 Desc: A/C Unit, Range - Electric, Refrigerator
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,650
  • Unit 1 Info: SqFt: 896.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Range - Electric, Refrigerator, W/D Hookup
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 06-30-2021
  • Unit 2 Info: Monthly Income: $1,600
  • Unit 2 Info: SqFt: 800.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Info: Monthly Income: $.00
  • Unit 3 Info: SqFt: 0.0
Unit 4
  • Unit 4 Info: Monthly Income: $.00
  • Unit 4 Info: SqFt: 0.0
Agent
Agent Only
  • Selling Agent Full Name: Zakary A Klinedinst
  • Selling Office Branch ID: 276554075
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 225 North M Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 225 North M Street, Unit 1

Taxable ValueLand$132,450Additions$163,508Total$295,958
Tax Record2023$7,472 ($623 / month)
Home Facts
Baths2Total Finished SqFt1,336 SqFtAbove Grade Finished SqFt1,336 SqFtStories2Lot Size3,376 SqFtStyleDuplexYear Built1920Year Renovated1990ZoningMF-30CountyPALM BEACHAPN38-43-44-21-15-046-0200

Schools near 225 North M Street, Unit 1

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 8
Public - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Lake Worth High School
PublicPK to 12

North Grade Elementary School
PublicK to 8

Lake Worth Community Middle School
Public6 to 8

Palm Beach Preparatory Charter Academy
Charter9 to 12

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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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 Coastal Classic 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.