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309 4th Avenue, Lake Worth Beach, Florida 33460

Active For Sale
$699,000
  • Beds 0
  • Baths 0
  • Sq Ft 1,516 Sqft
  • Visits: 8 in 13 days

Description

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 a

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Lake Worth Beach
  • Subdivision: Lake Worth Beach
  • Zipcode: 33460
  • Street: 4th
  • Street Number: 309
  • Street Suffix: Avenue
  • Floor Number: 0
  • Longitude: W81° 56′ 53.2”
  • Latitude: N26° 36′ 38.7”
  • Directions: From i-95 head East on 6th Ave S. Turn Left on Federal Hwy then Right on 4th Ave S, home is on the corner of Ocean Breeze and 4th Ave S
  • MLS Area: 5610

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Development Status: New Construction
  • Elementary School: South Olive Elementary School
  • Garage Spaces: 0
  • High School: Lake Worth High School
  • Insurance Expense: $0
  • Middle Or Junior School: Lake Worth Community Middle
  • New Taxes Expense: $0
  • Stories Total: 0
  • Tax Annual Amount: $8,534
  • Tax Year: 2023
  • Window Features: Blinds
  • Zoning: MF-20 (city)/MU

Location

Listing Updated: 2024-06-25 01:00:24

  • Property Type : Residential Income
  • Listing Type : For Sale
  • Listing ID : RX-10997991
  • Price : $699,000
  • View : Lake
  • Bedrooms : 0
  • Bathrooms : 0
  • Full Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 1,516 Sqft
  • Year Built : 1922
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 12
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