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    18 S M Street

    Lake Worth Beach, FL 33460
    • $759,500
    • STATUS: Active
    • ON SITE: 155 days
    • MLS #: RX-10657073
    UPDATED: 222 min ago
    $759,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,923
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Information

    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.Property is listed as Commercial, Residential, Residential Income.. Owner has the CHOICE! Lake Worth has great beaches, a new fishing pier, historic buildings, and a revitalized downtown with an eclectic mix of antique stores, specialty shops, restaurants, art galleries, music venues and special events. One event not to be missed is the Lake Worth Street Painting Festival, where the asphalt becomes a canvas in a temporary, open-air museum. Other cultural activities center around the tree-shaded square on Lake and Lucerne Avenues. Golf is a favorite, too, at the Lake Worth Municipal Golf Course, one of the most scenic courses in The Palm Beaches, right on the Intracoastal Waterway and Lake Worth Lagoon.

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    www.ewm.com/homes/110254675
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    18 S M Street Lake Worth Beach, FL 33460

    • Price: $759,500
    • Status: Active
    • Updated: 222 min ago
    • MLS #: RX-10657073
    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
    Elementary School:
    North Grade Elementary School
    Middle School:
    Lake Worth Community Middle
    High School:
    Lake Worth High School
    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.Property is listed as Commercial, Residential, Residential Income.. Owner has the CHOICE! Lake Worth has great beaches, a new fishing pier, historic buildings, and a revitalized downtown with an eclectic mix of antique stores, specialty shops, restaurants, art galleries, music venues and special events. One event not to be missed is the Lake Worth Street Painting Festival, where the asphalt becomes a canvas in a temporary, open-air museum. Other cultural activities center around the tree-shaded square on Lake and Lucerne Avenues. Golf is a favorite, too, at the Lake Worth Municipal Golf Course, one of the most scenic courses in The Palm Beaches, right on the Intracoastal Waterway and Lake Worth Lagoon.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features AwningsFenceFruit Tree(S)Open BalconyOpen PatioScreen PorchScreened Patio Lot Description < 1/4 AcrePaved RoadSidewalksWest Of Us-1 Lot Dimensions 50.0 Ft X 135.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Water Frontage 0 Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanElectricWall-Win A/C Flooring Wood Floor Heating Window/Wall Unit1 Bedrooms 1 Unit1 Desc A/C UnitBuilt-In ShelvesElectric MeterFrench DoorsMicrowaveRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 700 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric MeterMicrowaveRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 700 Unit3 Bedrooms 1 Unit3 Desc A/C UnitElectric MeterMicrowaveRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 700 Unit4 Bedrooms 1 Unit4 Desc A/C UnitElectric MeterMicrowaveRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 700

    Property Features

    Annual Net Operating Income 42023.00 Annual Total Expenses 26377.00 Available Info Deposit Last MonthDeposit SecurityLeases Built Desc Resale Development Name Downtown Lake Worth Renaissance Gross Operating Income 68400.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions NoneOther Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 3923.00 Subdivision Amenities Picnic AreaSidewalksStreet Lights Tax Amount 10289.69 Tax Year 2020 Taxes City/CountyNo Homestead Tenant Pays CableElectric Terms Considered CashConventionalOwner Unit1 Monthly Income 1100.00 Unit2 Monthly Income 1000.00 Unit3 Monthly Income 1100.00 Unit4 Monthly Income 1000.00 Utilities ElectricGas NaturalPublic Water Zoning Cac (City)

    Listing provided courtesy of Exp Realty Llc. Listing information © 2021 BeachesMLS
     
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