Active

506 S M St

Lake Worth Beach FL, 33460

$1,429,774


$827.42 per sqft

Active

1,728 sqft

Multi-family

Built in 1925

Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.

F10465638

MLS ID

October 10, 2024

Listed

January 22, 2025

Updated

Map

506 S M St
Lake Worth Beach FL, 33460

Interior Features

Total Stories

2


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Exterior Features

Fence, Patio


Lot Features

1/4 Acre


Architectual Style

Fourplex


Roof

Other


Sewer

Other

Other Property Details

Area Name

5600


Taxes

$9,677


Tax Frequency

Annually


Days on Market

104


Garage

No


Parking Total

0


View

No


County

Palm Beach


Pool

No


Pool Features

None

Listed by: The Keyes Company
Listing Contact: (954) 687-5160 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 3:40 PM UTC, 1/22/2025

 

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