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    18 S M Street

    Lake Worth Beach, FL 33460
    • $759,500
    • STATUS: Active
    • ON SITE: 156 days
    • MLS #: RX-10657522
    UPDATED: 22 min ago
    $759,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,923
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Offering a choice of commercial, residential or income-producing property, this historic home is located in the heart of Lake Worth just one block from Lake Avenue and one mile from the beach. Use as a 6-7 unit multi-family investment property or as a single family home and rent additional units (numerous options available). Possible Airbnb potential with city changes in the works. Currently configured as 4 large 1/1 apts, 2 studios. New Roof. Finished 2-car garage with full bath and offers the possibility of additional conversion if permitted.

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    www.jackcodengroup.com/homes/110305031
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    18 S M Street Lake Worth Beach, FL 33460

    • Price: $759,500
    • Status: Active
    • Updated: 22 min ago
    • MLS #: RX-10657522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,923
    SQFT
    $194
    $/SQFT
    1936
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    Offering a choice of commercial, residential or income-producing property, this historic home is located in the heart of Lake Worth just one block from Lake Avenue and one mile from the beach. Use as a 6-7 unit multi-family investment property or as a single family home and rent additional units (numerous options available). Possible Airbnb potential with city changes in the works. Currently configured as 4 large 1/1 apts, 2 studios. New Roof. Finished 2-car garage with full bath and offers the possibility of additional conversion if permitted.
    Exterior Features

    Construction Cbs Miles To Beach 1 Miles To Expressway 2 Roof Comp Shingle Waterfront YN No

    Interior Features

    Bath Toilets 6.00 Cooling Ceiling FanWall-Win A/C Flooring Wood Floor Heating Window/Wall Percent Air Conditioned 85.00 Unit1 Full Baths 1 Unit1 Unit Desc 1 Bedroom Unit2 Full Baths 1 Unit2 Unit Desc 1 Bedroom Unit3 Full Baths 1 Unit3 Unit Desc 1 Bedroom Unit4 Full Baths 1 Unit4 Unit Desc 1 Bedroom Unit5 Full Baths 1 Unit5 Unit Desc Efficiency Unit6 Full Baths 1 Unit6 Unit Desc Efficiency

    Property Features

    Available Docs None Available Info Copies Of LeaseFull FinancialsOwner Managed Built Desc Resale Expenses Real Estate Taxes 10289.69 Expenses Utilities 6000.00 Fire Protection Smoke AlarmSprinkler For Lease No For Sale Yes Lease Annual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Beach AreaCityInvestment Meters 5.00 Monetary Info Gross Oper Income 68400.00 Monetary Info Net Oper Income 42023.00 Monetary Info Total Expenses 26377.00 Monetary Info Vacancy Rate 0.00 Possession Funding Sale Includes Fixtures Tax Amount Real Estate Taxes 10289.69 Tax Year 2020 Tenant Pays CableElectric Tenants 6 Terms Considered CashConventionalOwner Type Of Building CommercialIncomeResident. Multi-Fam.Resident. Single Fam Unit1 Ann Rent 13200.00 Unit1 Rent Period Month Unit2 Ann Rent 12420.00 Unit2 Rent Period Month Unit3 Ann Rent 13200.00 Unit3 Rent Period Month Unit4 Ann Rent 12000.00 Unit4 Rent Period Month Unit5 Ann Rent 9600.00 Unit5 Rent Period Month Unit6 Ann Rent 10320.00 Unit6 Rent Period Month Use IncomeMixed Utilities Municipal WaterPublic WaterSeparate Meter

    Listing provided courtesy of Exp Realty Llc. Listing information © 2021 BeachesMLS
     
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    The Jack Coden Group | Keller Williams Eagle Realty
    700 NE 90th St
    Miami FL, 33138