414 South K Street

Lake Worth Beach, FL 33460

$1,150,000
Price
Beds
2,380 Sq. Ft.
$483 / Sq. Ft.
2,380
Sq. Ft.
$483
per Sq. Ft.

Description

Completely renovated charming quadplex close to the vibrant downtown area of Lake Worth Beach and 1.4 miles to the ocean. Each of the four 1 bedroom, 1 bath units have new kitchens & baths, appliances, flooring, paint, light fixtures and fans. Each apartment has a spacious 575-615 sq/ft of living area and are light and bright. This is located in a quiet neighborhood and has 6 off street parking spaces.3 of the 4 spaces have been operating with STR's and it comes fully furnished and turnkey - featuring...Completely renovated charming quadplex close to the vibrant downtown area of Lake Worth Beach and 1.4 miles to the ocean. Each of the four 1 bedroom, 1 bath units have new kitchens & baths, appliances, flooring, paint, light fixtures and fans. Each apartment has a spacious 575-615 sq/ft of living area and are light and bright. This is located in a quiet neighborhood and has 6 off street parking spaces.3 of the 4 spaces have been operating with STR's and it comes fully furnished and turnkey - featuring a roof installed with hurricane clips in June 2022 and impact certified building openings. Each unit has separate electric and water meters and there is coin laundry on site in an enclosed laundry room. Downtown Lake Worth Beach is ideally located 15 minutes from PBI and booming

Property Details for 414 South K Street

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

Location

Listing Courtesy of Acquire Palm Beach LLC
Add your commute
LISTING UPDATED: 05/14/2024 12:30 PM

Property Details for 414 South K Street

StatusActive
MLS #RX-10985148
Days on Market13
Taxes$15,747 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1925
Lot Size0.16 AC / 6,752 SF
CountyPalm Beach County

Building

Lake Worth Town

2 StoriesBuilt in 1925

Location

Listing Courtesy of Acquire Palm Beach LLC
Add your commute

Building Information for 414 South K Street

Stories2Residences-Year Built1925Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$7,588 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 414 South K Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: K Street, North of 6th, South of Lake.
  • Elementary School: South Grade Elementary School
  • Middle School: Lake Worth Community Middle
  • High School: Lake Worth High School
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 414
  • Subdivision Complex Bldg: LAKE WORTH BEACH
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5610
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 6
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Application Fee: $.00
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 5610
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Paved Road, Sidewalks
  • Lot Dimensions: .1550
  • Parcel ID: 38434421151550090
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 2,460
  • Square Ft Source: Tax Rolls
  • Total Assessed Value: $627,949.00
  • Zoning: SFR-MF
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LTS 9 & 10 BLK 155
  • Sq Ft Liv Area: 2380.0
  • Legal Description: TOWN OF LAKE WORTH LTS 9 & 10 BLK 155
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Exterior W/D Hookup, Fence, Fruit Tree(s), Open Balcony, Open Patio
  • Private Pool: No
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Waterfrontage: 0
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Tar/Gravel
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Electric, Wall-Win A/C
  • Flooring: Ceramic Tile, Vinyl Floor
  • Heating: No Heat, Window/Wall
  • Window Treatments: Blinds, Impact Glass
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $74,184.00
  • Income & Expenses: Annual Total Expense: $37,316.00
  • Income & Expenses: Gross Operating Inc: $111,500.00
  • Tenant Pays: None
Unit 1
  • Unit 1 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 2,937
  • Unit 1 Info: SqFt: 575.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Monthly Income: $2,940
  • Unit 2 Info: SqFt: 575.0
  • Unit 2 Parking: Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: Yes
  • Unit 3 Info: Monthly Income: $2,258.00
  • Unit 3 Info: SqFt: 615.0
  • Unit 3 Parking: Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: Yes
  • Unit 4 Info: Monthly Income: $1,650.00
  • Unit 4 Info: SqFt: 615.0
  • Unit 4 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $0

Property History for 414 South K Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 414 South K Street

Taxable ValueLand$186,600Additions$441,349Total$627,949
Tax Record2023$15,747 ($1,312 / month)
Home Facts
Baths4Total Finished SqFt2,380 SqFtAbove Grade Finished SqFt2,380 SqFtStories2Lot Size6,752 SqFtStyleQuadraplexYear Built1925Year Renovated2005ZoningSFRCountyPALM BEACHAPN38-43-44-21-15-155-0090

Schools near 414 South K 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
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.

Similar Homes

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Similar Sold Homes

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414 South K Street is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on May 6, 2024 by Acquire Palm Beach LLC, it's currently listed at $1,150,000. It has been on the market for a total of 13 days and was last sold on January 26, 2022. 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. 414 South K Street is a 0-bed, 0-bath, 2,380 sqft multi-family home built in 1925.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Acquire Palm Beach LLC

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.