Quadruplex in 301 S M Street, Lake Worth Beach, FL 33460 for sale with MLS# B26053634
Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.
301 S M Street, Lake Worth Beach, FL 33460
Price
- Price:
- $1,425,000.00
- Original List Price:
- $1,525,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $494.48
Lease Details
- Tenant Pays:
- Electricity, 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:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- September 24, 2026 8:37 pm
Measures
- Living Area:
- 3,084 Sqft
- Built-Up Area:
- 3,084 Sqft
- Lot Area:
- 10,125 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.23
Property Features
- Waterfront:
- No
- Windows:
- Blinds
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
Construction
- Year Built:
- 1925
- Roof:
- Built-up
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Frame
- Flooring:
- Wood
- Number of stories:
- 2
- Structure Type:
- Fourplex (Quadruplex)
- Number of Units in the Community or Building:
- 4
- Road Frontage Type:
- East of US-1
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $13,611.96
- Tax Year:
- 2025
- Tax Assessed Value:
- $450,667.00
- Property Tax Details:
- City/County, Lake Worth Drain District
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available
- Water Source:
- Public
Community
- Membership Details:
- No Membership Available
- Subdivision Name:
- LAKE WORTH TOWN OF
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Documents Available:
- Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- TOWN OF LAKE WORTH LTS 17 THRU 19 BLK 111
- Real Estate Folio Number (Parcel Number):
- 38434421151110170
- Zoning:
- SF-R (city)
Public Schools Assigned
- Elementary School:
- Fairlawn (miami-dade)
- High School:
- Lake Worth
- Middle Or Junior School:
- Lake Worth
Listing History
- Active on the market since:
- July 17, 2026
- Listing Agreement executed on:
- July 17, 2026
- Price change occurred on:
- September 24, 2026 8:37 pm
- Listing Status Last Changed On:
- July 17, 2026 7:01 pm
- Photos updated on:
- July 17, 2026 7:01 pm
- Last Modified:
- October 13, 2026 6:44 pm
Additional Information
- Courtesy of:
- Home Sold Realty LLC
- Attribution:
- Not provided
Location
- Street Name:
- M
- Street Number:
- 301
- City:
- Lake Worth Beach
- State:
- Florida
- Zip Code:
- 33460
- County:
- Palm Beach
- Latitude:
- N26° 36' 43.2''
- Longitude:
- W81° 56' 46.3''
- 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
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