Home » Lake Worth » 3961 Allison Court, Lake Worth, FL 33461 | R10985836/RX-10985836

3961 Allison Court, Lake Worth, FL 33461 | For Sale

$719,000
Price has decreased by $81,000

Property Highlights

Listing ID R10985836/RX-10985836 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Income (Multifamily 2-4) Living Space 3,051 Sqft/283.45 m2 approx. Building Area 3,459 Sqft/321.35 m2 approx. Lot area 40,511 Sqft/3763.60 m2 approx. Year Built 1958 Time of this property on Rebonus 157 Day(s)
3 Photos of this Property

3961 Allison Court, Lake Worth, FL 33461

Property Description: Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units in need of renovations, offer a potential for steady flow of income. The possibilities for renovations, expansion, landscaping or additional amenities to increase value.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$749,000
Original List Price:$800,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

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

Property Features

View from the Property:
  • Garden
Waterfront:No
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)

Taxes and Expenses

Tax Annual Amount:$8,792

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

Terms

Disclosures:
  • Pet On Property
Listing Terms Considered by Seller:
  • Cash
Buyer Possession:
  • Close Of Escrow
Tenant Pays:
  • Exterior Electric
Lease Considered:No

Community

Subdivision Name:PALM BEACH FARMS CO 7
Community Features:
  • Non-gated
Complex Name:PALM BEACH FARMS CO 7
Senior Community:No
Restrictions:No Restrictions

Parking

Covered Spaces:0

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Electricity Available
  • Water Available
Water Source:
  • Well

More Details

Other Information:
Housing Older Persons Act: No HOPA
Data exchange original Listing Number: RX-10985836

Zoning and Legal

Tax Legal Description:PALM BEACH FARMS CO PL 7 S 1/4 OF LT D & LT E (LESS SLY 84.34 FT OF ELY 150 FT IN OR 2465P1978) BLK 48
Real Estate Folio Number (Parcel Number):00434430010480042
Zoning Description:RM

Listing History

Update/EventDate/Days
Published Date:May 9, 2024 8:48 am
On Market Date:May 6, 2024
Listing Contract Date:May 6, 2024
Contingent Date:September 19, 2024
Activation Date:May 24, 2024
Price Change Date Time:August 2, 2024 12:00 am
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:September 19, 2024 2:14 pm
Status Last Changed:September 19, 2024 12:00 am
Photos Last Modified:September 19, 2024 10:35 pm
Last Modified:September 30, 2024 8:05 pm
Days on the Market Reference Date:September 19, 2024
Days on the Market (updated on Last Modified*):118
Cumulative Days on the Market (updated on Last Modified**):118

Additional Information

Lot Size Range:, 1+ To 2 Acres
Number of Photos Count:3
Geographical Area:Palm Beach 5670; 5680; 5700; 5710
Area:5700
Ref ID:1075027854
Automated Valuation Display:Yes
Courtesy of:The Keyes Company
Universal Property Id:US-12099-N-00434430010480042-R-N

Location

Show Property Address:Yes
Street Name:Allison Court
Street Number:3961
Street Address:3961 Allison Court
City : Lake Worth
State : Florida
Zip Code : 33461
County : Palm Beach
Full Address:3961 Allison Court, Lake Worth, FL 33461
Latitude:N26° 36' 45.9''
Longitude:W81° 53' 41.6''

Neighborhood

Postal City:Lake Worth

Property Map