Address309 4Th Av S, Lake Worth Beach, FL, 33460

Price$699,000

  • 2 Beds
  • 2 Baths
  • Multi-unit
  • 1,516 SQ FT
  • Built in 1922

Discover an exceptional investment opportunity with this charming Key West Style home, ideally situated off Ocean Breeze in Lake Worth Beach. Zoned for three units, this property is currently configured as a single-family residence but can be easily converted back to a duplex with separate electric meters already installed. Upon conversion, you can potentially generate an additional $36,000 annually from two rental units. Additionally, there's ample space to build a third unit, which could further increase your income to a minimum of $54,000 annually. The home has been renovated throughout, featuring new floors, bathrooms, kitchen, appliances, washer and dryer, mini split ACs, and updated light fixtures. The corner lot offers versatile space for a potential pool, RV/boat parking, or aguest home. Located just moments from the serene inner coastal waterway and South Bryant Park, this property provides picturesque views and easy access to downtown Lake Worth's vibrant shopping, restaurants, community events, and the public beach. Don't miss out on this prime piece of real estate with immense potential for growth and income. Come see for yourself and envision the possibilities!

Essential Information

  • MLS® #RX-10997991
  • Price$699,000
  • HOA Fees$0
  • Taxes$8,534 (2023)
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,516
  • Acres0.00
  • Price/SqFt$461 USD
  • Year Built1922
  • TypeMulti-Unit
  • Sub-TypeDuplex
  • RestrictionsNone
  • StyleNo
  • StatusActive

Community Information

  • Address309 4Th Av S
  • Area5610
  • SubdivisionLAKE WORTH BEACH
  • CityLake Worth Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33460

Amenities

  • ViewGarden
  • WaterfrontNone

Interior

  • HeatingWindow/Wall
  • CoolingCeiling Fan, Wall-Win A/C
  • # of Stories2

Exterior

  • Exterior FeaturesOpen Patio, Room for Pool
  • WindowsBlinds
  • RoofComp Shingle
  • ConstructionWoodside

School Information

  • HighLake Worth High School

Additional Information

  • Days on Website17
  • ZoningMF-20 (city)/MU

Listing Details

  • OfficeLPT Realty

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water

Lot Description

< 1/4 Acre, Paved Road, Public Road, Sidewalks, East of US-1

Elementary

South Olive Elementary School

Middle

Lake Worth Community Middle

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Price Change History for 309 4Th Av S, Lake Worth Beach, FL (MLS® #RX-10997991)

Date Details Change
Status Changed from New to Active

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Listing information last updated on July 7th, 2024 at 10:45pm EDT.

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