Price Reduced Listing225 N M Street 1,Lake Worth Beach, FL 33460
Lake Worth Beach, FL 33460
Description
An exciting investment opportunity in the heart of Lake Worth Beach! Ideally positioned less than two blocks from vibrant downtown and less than a mile from the beach and golf course, this charming Spanish Revival property offers exceptional appeal for investors, rental property buyers, and those exploring multifamily possibilities. Located in the desirable Mango Groves neighborhood, this 3-bedroom, 2-bathroom home combines historic character, a prime location, and a versatile layout with plenty of potential. The thoughtfully designed split floor plan provides flexibility for different living arrangements, while ceramic tile flooring and a spacious kitchen with abundant cabinetry offer practical features for everyday living. With several important improvements already completed, this property presents an attractive opportunity for buyers looking to expand their real estate portfolio. Updates include a 2020 roof, 2020 tankless water heater, updated electrical components, and newer A/C ductwork. Whether you're considering a long-term rental investment, an owner-occupied income property, or exploring potential multifamily configurations, this property offers a variety of possibilities to consider, subject to applicable zoning and city approvals. Its distinctive Spanish Revival architecture and established neighborhood setting add to its appeal, creating an opportunity to invest in a property with both character and potential. Location is one of this property's greatest advantages! Situated along charming M Street, surrounded by mature trees and historic homes, residents can enjoy easy access to downtown Lake Worth Beach's restaurants, boutiques, art galleries, entertainment, and year-round community events. Beautiful beaches, Bryant Park, the Snook Islands, and nearby golf courses are all within convenient reach. With Palm Beach Island, Palm Beach International Airport, Brightline, Tri-Rail, and I-95 nearby, the location offers excellent connectivity throughout South Florida. Combining a sought-after coastal setting, convenient access to local attractions, and flexible investment possibilities, this property is an opportunity investors won't want to overlook. Bring your vision and explore the potential of this Lake Worth Beach investment!
Details
| MLS # | B26076478 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 50 |
| Listing Provided By | KW Reserve Palm Beach | Jeffrey L Tricoli PA |
Features
| SQ Feet | 1,696 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | MF-30 (city) |
| Acreage | 0.08 |
| Property View | Yes |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 8470.92 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5600 |
| Subarea | PB16 |
| Community Name | LAKE WORTH TOWN |
| Listing VS Median (in LAKE WORTH TOWN) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,696 low | high Med: 1,696 $ / sqft: $295 low | high Med: $295 On site: 50 low | high Med: 50 | |
Market Activity 33460
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5600 |
| Subarea | PB16 |
| Community Name | LAKE WORTH TOWN |
| Listing VS Median (in LAKE WORTH TOWN) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,696 low | high Med: 1,696 $ / sqft: $295 low | high Med: $295 On site: 50 low | high Med: 50 | |
