632 North M Street

Lake Worth Beach, FL 33460

$765,000
Price
Beds
2,542 Sq. Ft.
$301 / Sq. Ft.
2,542
Sq. Ft.
$301
per Sq. Ft.

Description

Great opportunity to own a great investment property in Lake Worth Beach, Large house in front, 2 apartments in rear - separate electric meters. Walking distance to Golf Course, downtown restaurants and shops, nearby Lake Worth Beach on the island across the bridge to palm Beach Island. Property used to be a legal 4 plex.Great opportunity to own a great investment property in Lake Worth Beach, Large house in front, 2 apartments in rear - separate electric meters. Walking distance to Golf Course, downtown restaurants and shops, nearby Lake Worth Beach on the island across the bridge to palm Beach Island. Property used to be a legal 4 plex.
  1. Listed by Francisco J Patino • Bellaggio Real Estate Group

Property Details for 632 North M Street

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

Location

Listing Courtesy of Bellaggio Real Estate Group
Add your commute
LISTING UPDATED: 04/03/2024 05:20 PM

Property Details for 632 North M Street

StatusActive Under Contract
MLS #RX-10960802
Days on Market45
Taxes$13,464 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1946
Lot Size0.16 AC / 6,752 SF
CountyPalm Beach County

Location

Listing Courtesy of Bellaggio Real Estate Group
Add your commute

Building Information for 632 North M Street

Stories1Residences3Year Built1946Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$5,297 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,175

Property Taxes

$1,122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 632 North M Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I 95 to Lake Worth Beach exit on 10th Ave N head East on 10th to Dixie Hwy, turn right, drive to 7th Ave N turn Left to property
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 632
  • 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: 3
  • Garage Spaces: 1
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: A/C Maintenance, Common R.E. Tax, Lawn Care, Sewer, Trash Removal, Water
  • HOA Dues: $0
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Corner Lot, Public Road, Sidewalks, West of US-1
  • Parcel ID: 38434421151720080
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 2,830
  • Square Ft Source: Tax Rolls
  • Zoning: SF-TF-14
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 8 BLK 172
  • Sq Ft Liv Area: 2542.0
  • Legal Description: TOWN OF LAKE WORTH LT 8 BLK 172
Utilities
  • Utilities: Cable, Electric, Gas Natural, Lake Worth Drain Dis, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Elevated Construction
  • Exterior Features: Open Patio
  • Private Pool: No
  • Storm Protection: Impact Glass: Partial
  • Subdiv Amenities: Golf Course, Picnic Area, Street Lights
  • Gated Community YN: No
  • Structure Type: Triplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central Building, Electric
  • Flooring: Concrete, Laminate, Tile, Wood Floor
  • Heating: Central
  • Window Treatments: Impact Glass
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $69,336.00
  • Income & Expenses: Annual Total Expense: $2,664.00
  • Income & Expenses: Gross Operating Inc: $72,000.00
  • Tenant Pays: Cable, Common Area Maint, Electric, Insurance, Repairs
Unit 1
  • Unit 1 Desc: A/C Unit, Den/Family, Disposal, Electric Meter, Kitchen, Laundry, Patio, Range - Electric, Refrigerator, Separate Dining, Walk-in Closets, Washer
  • Unit 1 Info: Bedrooms: 3
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 320,000
  • Unit 1 Info: SqFt: 1742.0
  • Unit 1 Parking: Garage - Attached
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Patio, Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 06-30-2024
  • Unit 2 Info: Monthly Income: $1,400
  • Unit 2 Info: SqFt: 400.0
  • Unit 2 Parking: Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Patio, Range - Electric, Refrigerator
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $1,400.00
  • Unit 3 Info: SqFt: 400.0
  • Unit 3 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 632 North M Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 632 North M Street

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.

Similar Homes

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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 Bellaggio Real Estate Group

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.