Home » Lake Worth Beach » 508 S 12th Ave, Lake Worth Beach, FL 33460 | F10452696

508 S 12th Ave, Lake Worth Beach, FL 33460 | For Sale

$799,000

Property Highlights

Listing ID F10452696 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,600 Sqft/241.55 m2 approx. Building Area 2,768 Sqft/257.16 m2 approx. Year Built 1969 Seller considers Owner Financing Time of this property on Rebonus 43 Day(s)
30 Photos of this Property

508 S 12th Ave, Lake Worth Beach, FL 33460

Property Description: Nicely maintained income property with owner financing available. 1 efficiency, remaining 3, 2/1. East of US 1 and never a vacancy. Excellent investment property, electrical updated, 4 separate electrical meters, owner pays for water, sewer, garbage and landscaping. All units have tiled floors, range and refrigerator, and wall units. All tenants are all on month to month, easy to make any changes and room for rate increase.

Residential Income (Multifamily 2-4) Fourplex (Quadruplex) For Sale located at 508 S 12th Ave Lake Worth Beach FL 33460 in Palm Beach County referenced as ID MLS # F10452696. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$799,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:4
Architectural Style:
  • Fourplex
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Shingle
  • Composition
Window Features:
  • Metal
  • Single Hung
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$8,339

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:LAKE WORTH TOWN OF ADD 1
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing Number: F10452696
Type of Association: None

Zoning and Legal

Tax Legal Description:ADD 1 TO TOWN OF LAKE WORTH LT 16 BLK 46
Real Estate Folio Number (Parcel Number):38434427010460160
Zoning Description:SF-R (city)
Public Survey Township:38
Public Survey Section:27

Listing History

Update/EventDate/Days
Published Date:July 24, 2024 12:31 pm
On Market Date:July 23, 2024
Listing Contract Date:July 23, 2024
Contingent Date:July 28, 2024
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:August 6, 2024 4:45 pm
Status Last Changed:August 6, 2024 4:45 pm
Photos Last Modified:July 27, 2024 9:36 pm
Last Modified:August 6, 2024 8:45 pm
Days on the Market Reference Date:August 6, 2024
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos Count:30
Geographical Area:Palm Beach 5600; 5610; 5620; 5630; 5640
Area:5610
Ref ID:1078378598
Automated Valuation Display:Yes
Courtesy of:RE/MAX Select Group
Universal Property Id:US-12099-N-38434427010460160-R-N

Location

Show Property Address:Yes
Street Name:12th Ave
Street Number:508
Street Direction Prefix:S
Street Address:508 S 12th Ave
City : Lake Worth Beach
State : Florida
Zip Code : 33460
County : Palm Beach County
Full Address:508 S 12th Ave, Lake Worth Beach, FL 33460
Latitude:N26° 36' 5.1''
Longitude:W81° 56' 43.5''

Neighborhood

Postal City:Lake Worth Beach

Property Map