Duplex in 1202 S M Street, Lake Worth Beach, FL 33460 for sale with MLS# B26027722
Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a stellar cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion, add more units, or create a compound! Lake Worth Beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding West Palm Beach and Lake Worth Beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the City of Lake Worth Beach.
1202 S M Street, Lake Worth Beach, FL 33460
Price
- Price:
- $495,000.00
- Original List Price:
- $525,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $441.96
Lease Details
- Tenant Pays:
- Electricity, Water, Cable Tv
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 6, 2026 3:49 pm
Measures
- Living Area:
- 1,120 Sqft
- Built-Up Area:
- 1,336 Sqft
- Lot Size Dimensions and Info:
- 50.0 ft x 135.0 ft
- Building Area Source:
- Public Records
- Living Area Source
- Lot Features:
- Corner Lot, Oversized Lot, Room For Pool
- Lot Size Acres:
- 0.15
Property Features
- View from the Property:
- Garden
- Waterfront:
- No
- Patio and Porch:
- Patio, Porch, Patio - Open, Porch - Open
- Windows:
- Sliding, Single Hung Metal
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s), Electric
- Heating
- Heating System:
- Electric, Window/wall
- Road Responsibility:
- Public Maintained Road
- Storm Protection Accordian Shutters:
- Partial
- Storm Protection Details:
- Storm Shutters
Construction
- Year Built:
- 1962
- Roof:
- Composition
- Number of Units Total:
- 2
- Levels:
- One
- Construction Materials:
- CBS
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Stories:
- 1
- Road Frontage Type:
- City Street
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $9,854.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Natural Gas Available, Sewer Available, Water Available, Electricity Connected, Cable Connected
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- LAKE WORTH TOWN OF ADD 1
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Documents Available:
- Rent Rolls, Copy Of Lease(s), Deposit Held, Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- ADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 56
- Real Estate Folio Number (Parcel Number):
- 38434427010560080
- Zoning:
- SF-R(c
Public Schools Assigned
- Elementary School:
- Barton
- High School:
- Lake Worth
- Middle Or Junior School:
- Lantana Community
Listing History
- Active on the market since:
- May 12, 2026
- Listing Agreement executed on:
- May 12, 2026
- Price change occurred on:
- July 6, 2026 3:49 pm
- Listing Status Last Changed On:
- May 12, 2026 11:46 pm
- Photos updated on:
- July 6, 2026 4:14 pm
- Last Modified:
- August 5, 2026 9:07 pm
Additional Information
- Courtesy of:
- Illustrated Properties LLC (Co
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
Location
- Street Name:
- M
- Street Number:
- 1202
- City:
- Lake Worth Beach
- State:
- Florida
- Zip Code:
- 33460
- County:
- Palm Beach
- Latitude:
- N26° 36' 4.1''
- Longitude:
- W81° 56' 45.3''
- Street Suffix:
- Street
- Street Direction Prefix:
- S
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$61,702
Median Home Value
$333,200
Median Rent
$1,411/mo
Median Age
36
Population
36,934
Air Quality
Source: AirNow.gov · West Palm Beach
🌬️ Air Quality Index (AQI)
26
Good
☀️ O3
17
Good
🫁 PM2.5
26
Good
💨 PM10
12
Good
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