906 North L Street

Lake Worth Beach, FL 33460

$815,000
Last Sold Price
Beds
2,104 Sq. Ft.
$387 / Sq. Ft.
2,104
Sq. Ft.
$387
per Sq. Ft.

Description

Great Investment Opportunity! Fully-renovated, multi-family property consisting of four units: two large renovated studios and two 2-bed 1-bath units, equipped with all new kitchens and bathrooms. Income figures based on rental of the two studios only. One 2-bed just renovated, not rented yet. Other two 2-bed units owner occupied. All new plumbing, electrical, recessed lighting in 3 of 4 units. Sold furnished or unfurnished. New roof, freshly painted exterior, new fence, all new landscaping. Installed...Great Investment Opportunity! Fully-renovated, multi-family property consisting of four units: two large renovated studios and two 2-bed 1-bath units, equipped with all new kitchens and bathrooms. Income figures based on rental of the two studios only. One 2-bed just renovated, not rented yet. Other two 2-bed units owner occupied. All new plumbing, electrical, recessed lighting in 3 of 4 units. Sold furnished or unfurnished. New roof, freshly painted exterior, new fence, all new landscaping. Installed new water well for lawn irrigation system, significantly reducing water bill. Fenced in lot perfect for vacation rentals, airbnb, or for owner occupant - live in one unit and rent the other three! Location close proximity to beaches, restaurants, interstate.
  1. Listed by Elizabeth Fugler • Fox Real Estate

Property Details for 906 North L Street

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

Location

Listing Courtesy of Fox Real Estate

Sold By Acquire Palm Beach LLC

Add your commute
LISTING UPDATED: 06/24/2022 12:34 PM

Property Details for 906 North L Street

StatusClosed
MLS #RX-10760174
Days on Market95
Taxes$8,179 / 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 Fox Real Estate

Sold By Acquire Palm Beach LLC

Add your commute

Building Information for 906 North L Street

Stories2Residences4Year Built1943Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$5,129 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,448

Property Taxes

$682

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 906 North L Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I-95 exit 10th Avenue East of Dixie
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 906
  • 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: 3.0%
  • HOPA: No Hopa
  • Tax Year: 2021
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
  • Lot Dimensions: 50.0 ft x 135.0 ft
  • Parcel ID: 38434421152840020
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 2,553
  • Square Ft Source: Tax Rolls
  • Zoning: SF-TF-
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 2 BLK 284
  • Sq Ft Liv Area: 2104.0
  • Legal Description: TOWN OF LAKE WORTH LT 2 BLK 284
Utilities
  • Utilities: Electric, Gas Natural, Public Sewer, Public Water, Well Water
Interior and Exterior Features
Exterior Features
  • Construction: Wood Sliding
  • Contingents: Other
  • Exterior Features: Auto Sprinkler, Awnings, Covered Patio, Custom Lighting, Deck, Fence, Open Porch, Shed, Wrap Porch, Wrap-Around Balcony
  • 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: Wall-Win A/C
  • Flooring: Ceramic Tile, Vinyl Floor
  • Heating: No Heat
  • Window Treatments: Blinds
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $18,000.00
  • Income & Expenses: Annual Total Expense: $30,000.00
  • Income & Expenses: Gross Operating Inc: $48,000.00
  • Tenant Pays: None
Unit 1
  • Unit 1 Desc: A/C Unit, Electric Meter, Kitchen, Microwave, Patio, Refrigerator, Smoke Detector
  • Unit 1 Info: Efficiency
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 2,000
  • Unit 1 Info: SqFt: 352.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Microwave, Patio, Refrigerator, Smoke Detector
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $0
  • Unit 2 Info: SqFt: 630.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Microwave, Refrigerator, Smoke Detector
  • Unit 3 Info: Efficiency
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: Yes
  • Unit 3 Info: Monthly Income: $2,000.00
  • Unit 3 Info: SqFt: 352.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Dryer, Electric Meter, Kitchen, Microwave, Patio, Range - Gas, Refrigerator, Washer
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $.00
  • Unit 4 Info: SqFt: 623.0
  • Unit 4 Parking: Open Parking, Space Parking
Agent
Agent Only
  • Selling Agent Full Name: Michael S Cuevas
  • Selling Office Branch ID: 276628207
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 906 North L Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 906 North L 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.

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Listing Courtesy of Fox Real Estate

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.