717 8th Avenue North

Lake Worth Beach, FL 33460

$824,000
Price
Beds
1,600 Sq. Ft.
$515 / Sq. Ft.
1,600
Sq. Ft.
$515
per Sq. Ft.

Description

Location, Location, Location. Renovated historic Villas (4 units) in downtown Lake Worth approximately a 1/2 mile to Lake Avenue and all the downtown action. These 1/1 units would be a great Air BNB location! They have completely new siding, all impact windows and doors, new paint inside and out, newer roof, updated fixtures, baths, etc. Ample parking, with streets spots and private parking lot. Only a half mile to Downtown Lake Worth/Lake Avenue. Currently at a cap rate of 7%.Location, Location, Location. Renovated historic Villas (4 units) in downtown Lake Worth approximately a 1/2 mile to Lake Avenue and all the downtown action. These 1/1 units would be a great Air BNB location! They have completely new siding, all impact windows and doors, new paint inside and out, newer roof, updated fixtures, baths, etc. Ample parking, with streets spots and private parking lot. Only a half mile to Downtown Lake Worth/Lake Avenue. Currently at a cap rate of 7%.
  1. Listed by Olivia L Allmon • Affluent Realty of Florida Cor
  2. Listed by Daymon Allmon • Affluent Realty of Florida Cor

Property Details for 717 8th Avenue North

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

Location

Listing Courtesy of Affluent Realty of Florida Cor
Add your commute
LISTING UPDATED: 03/24/2024 12:18 PM

Property Details for 717 8th Avenue North

StatusActive
MLS #RX-10894601
Days on Market327
Taxes$9,721 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1943
Lot Size0.15 AC / 6,750 SF
CountyPalm Beach County

Location

Listing Courtesy of Affluent Realty of Florida Cor
Add your commute

Building Information for 717 8th Avenue North

Stories1Residences4Year Built1943Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$5,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,497

Property Taxes

$810

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 8th Avenue North

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Dixie Hwy North of Lake Ave to 8th Ave N. Right onto 8th cottages on the right.
  • Elementary School: North 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: 717
  • 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: 2022
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 135.0 ft x 50.0 ft
  • Parcel ID: 38434421152160080
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,600
  • Square Ft Source: Tax Rolls
  • Zoning: SF-TF-
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 8 BLK 216
  • Sq Ft Liv Area: 1600.0
  • Legal Description: TOWN OF LAKE WORTH LT 8 BLK 216
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water, Water Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Open Porch, Zoned Sprinkler
  • Private Pool: No
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Wall-Win A/C
  • Flooring: Ceramic Tile
  • Heating: Window/Wall
  • Window Treatments: Impact Glass
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $59,200.00
  • Income & Expenses: Annual Total Expense: $8,000.00
  • Income & Expenses: Gross Operating Inc: $67,200.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: Kitchen, Range - Electric, Refrigerator, Window Cover
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,500
  • Unit 1 Info: SqFt: 400.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: Kitchen, Range - Electric, Refrigerator, Window Cover
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,500
  • Unit 2 Info: SqFt: 400.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: Kitchen, Range - Electric, Refrigerator, Window Cover
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $1,500.00
  • Unit 3 Info: SqFt: 400.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: Range - Electric, Refrigerator, Window Cover
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $1,500.00
  • Unit 4 Info: SqFt: 400.0
  • Unit 4 Parking: Open Parking, Space Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 717 8th Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 717 8th Avenue North

Taxable ValueLand$195,750Additions$195,032Total$390,782
Tax Record2023$10,443 ($870 / month)
Home Facts
Baths4Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories1Lot Size6,752 SqFtStyleDuplexYear Built1943Year Renovated1985ZoningSF-TF-14CountyPALM BEACHAPN38-43-44-21-15-216-0080

Schools near 717 8th Avenue North

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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717 8th Avenue North is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on June 3, 2023 by Affluent Realty of Florida Cor, it's currently listed at $824,000. It has been on the market for a total of 327 days and was last sold on June 6, 2019. This listing's school district is Palm Beach. Nearby schools include Lake Worth High School, North Grade Elementary School and Lake Worth Community Middle School. 717 8th Avenue North is a 0-bed, 0-bath, 1,600 sqft multi-family home built in 1943.

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 Affluent Realty of Florida Cor

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.