Home » Lake Worth Beach » 601 Latona Avenue, Lake Worth Beach, FL 33460 | R11022854/RX-11022854

Multi Family Sold 601 Latona Avenue, Lake Worth Beach, FL 33460

$599,900
closed for a price of $510,000

Property Highlights

Listing ID R11022854/RX-11022854 Status of this Listing: Closed Sold Property Type Commercial Sale Multi Family Year Built 1960 Time of this property from published date until Closing Date 26 Days
  • 601 Latona Avenue Lake Worth Beach MLS R11022854 Listing Photo #1

601 Latona Avenue, Lake Worth Beach, FL 33460

Property Description: Great investment opportunity! This 5-unit residential income property offers solid rental income potential. Each unit is spacious, well-maintained, and individually metered. The property features ample parking, a shared yard, and is located in a desirable area near local shops, dining, and public transportation. With reliable tenants already in place and room to increase rent, this property is perfect for investors looking for steady cash flow. Don 't miss out on this prime income-generating opportunity!

Useful Info

Original List Price:$599,900
Close Price:$510,000

Lease Details

Lease Terms Description:Annual Lease,Month To Month Lease

Land Lot (Parcel) Details

Lot Size Acres:0.13
Lot Features:
  • City Lot

Construction

Number of Units Total:1
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$6,376

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

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Term:
  • 12 Months
Tenant Pays:
  • Exterior Electric
Lease Considered:No

Community

Subdivision Name:LATONA COURT AMNDED PLAT
Complex Name:LATONA COURT AMNDED PLAT
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
  • Other
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberRX-11022854

Zoning and Legal

Tax Legal Description:AMENDED PL OF LATONA COURT LTS 56 & 57
Real Estate Folio Number (Parcel Number):38434434020000560
Zoning Description:SF-TF-

Listing History

Update/EventDate/Days
Published Date:September 20, 2024 10:33 pm
On Market Date:September 19, 2024
Listing Contract Date:September 19, 2024
Contingent Date:September 26, 2024
Close Date:October 16, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:October 17, 2024 8:03 pm
Status Last Changed:October 17, 2024 12:00 am
Photos Last Modified:September 27, 2024 5:45 am
Last Modified:October 18, 2024 1:12 pm
Days on the Market Reference Date:October 18, 2024
Days on the Market (updated on Last Modified*):7
Cumulative Days on the Market (updated on Last Modified**):7

Additional Information

Lot Size Range:,
Number of Photos:1
Location:City Location,City Location
Included:Building & Land,,
Geographical Area:Palm Beach 5600; 5610; 5620; 5630; 5640
Area:5610
Automated Valuation Display:Yes
Courtesy of:Buccaneer Realty Global Inc
Universal Property Id:US-12099-N-38434434020000560-R-N

Location

Show Property Address:Yes
Street Name:Latona Avenue
Street Number:601
Street Address:601 Latona Avenue
City : Lake Worth Beach
State : Florida
Zip Code : 33460
County : Palm Beach
Full Address:601 Latona Avenue, Lake Worth Beach, FL 33460
Latitude:N26° 35' 42.2''
Longitude:W81° 56' 44.3''

Neighborhood

Postal City:Lake Worth Beach

Property Map