3961 Allison Court

Lake Worth, FL 33461

$799,000
Price
Beds
3,051 Sq. Ft.
$262 / Sq. Ft.
3,051
Sq. Ft.
$262
per Sq. Ft.

Description

Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units offer a steady flow of income. The possibilities for expansion, landscaping or additional amenities.Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units offer a steady flow of income. The possibilities for expansion, landscaping or additional amenities.
  1. Listed by Tatiana Theodossis • The Keyes Company

Property Details for 3961 Allison Court

Subdivision
PALM BEACH FARMS CO 7
Waterfront
No
Waterfront Details
None
View
Garden
Style
No Pool/No Water

Location

Listing Courtesy of The Keyes Company
Add your commute
LISTING UPDATED: 05/13/2024 07:44 AM

Property Details for 3961 Allison Court

StatusComing Soon
MLS #RX-10985836
Days on Market-
Taxes$8,792 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1958
Lot Size0.93 AC / 40,511 SF
CountyPalm Beach County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 3961 Allison Court

Stories1Residences-Year Built1958Building Size-Lot Size0.93 AC / 40,511 SF

Payment Calculator

$5,093 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$733

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3961 Allison Court

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Lake Worth Rd to Kirk South, to Allison. Property on the left
  • Elementary School: Palm Springs Elementary School
  • Middle School: Lake Worth Community Middle
  • High School: Lake Worth High School
  • Geo Area: Palm Beach 5670; 5680; 5700; 5710
  • Street Number: 3961
  • Subdivision Complex Bldg: PALM BEACH FARMS CO 7
  • Municipal Code: Lake Worth
  • State: FL
  • City Postal ID: 33461
  • MLS Area: 5700
  • MLS Sub Area: PB17
Parking
  • Carport Spaces: 1
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2023
Property
Lot Information
  • Area: 5700
  • HOA Amenities: None
  • Lot Description: 1 to < 2 Acres
  • Lot Dimensions: 1.19 acres
  • Parcel ID: 00434430010480042
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,459
  • Square Ft Source: Tax Rolls
  • Zoning: RM
Property and Assessments
  • Legal Desc: PALM BEACH FARMS CO PL 7 S 1/4 OF LT D & LT E (LESS SLY 84.34 FT OF ELY 150 FT IN OR 2465P1978) BLK 48
  • Sq Ft Liv Area: 3051.0
  • Legal Description: PALM BEACH FARMS CO PL 7 S 1/4 OF LT D & LT E (LESS SLY 84.34 FT OF ELY 150 FT IN OR 2465P1978) BLK 48
Utilities
  • Utilities: Electric, Public Water, Septic, Well Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: Extra Building
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Electric
  • Flooring: Tile
  • Heating: Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $22,000.00
  • Income & Expenses: Annual Total Expense: $12,000.00
  • Income & Expenses: Gross Operating Inc: $34,200.00
  • Tenant Pays: Electric
Unit 1
  • Unit 1 Desc: Electric Meter, Kitchen
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 850
  • Unit 1 Info: SqFt: 1670.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Electric Meter
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $800
  • Unit 2 Info: SqFt: 264.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: Electric Meter
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Monthly Income: $600.00
  • Unit 3 Info: SqFt: 264.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: Refrigerator
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Monthly Income: $600.00
  • Unit 4 Info: SqFt: 572.0
  • Unit 4 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 3961 Allison Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3961 Allison Court

Taxable ValueLand$296,661Additions$267,333Total$563,994
Tax Record2023$8,792 ($733 / month)
Home Facts
Baths5Total Finished SqFt2,215 SqFtAbove Grade Finished SqFt2,215 SqFtStories1Lot Size40,511 SqFtStyleDuplexYear Built1958Year Renovated1975ZoningRMCountyPALM BEACHAPN00-43-44-30-01-048-0042

Schools near 3961 Allison Court

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
Palm Springs Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Lake Worth Community Middle School
Public6 to 8

Somerset Academy JFK Charter School
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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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 The Keyes Company

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.