Home » Lake Worth Beach » 130 S Lakeside 1 Drive, Lake Worth Beach, FL 33460 | R11057260/RX-11057260

For Sale 130 S Lakeside 1 Drive, Lake Worth Beach, FL 33460

$1,850,000

Property Highlights

Listing ID R11057260/RX-11057260 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Income (Multifamily 2-4) Living Space 3,408 Sqft/316.61 m2 approx. Building Area 3,632 Sqft/337.42 m2 approx. Lot area 13,500 Sqft/1254.19 m2 approx. Year Built 1954 Time of this property on Rebonus 1 Day(s)

130 S Lakeside 1 Drive, Lake Worth Beach, FL 33460

Property Description: Prime 5-plex Income Property-Water Views & Expansion PotentialExceptional investment opportunity in the heart of downtown Lake Worth Beach! This well maintained five-plex sits across from the Intracoastal Waterway, offering water views from end unit and potential for even more stunning vistas with a second-story addition.All 5 units are tenant-occupied, ensuring immediate rental income.4 are long term and under rental value. Soo much more income potential. Centrally located within walking distance to the beach, golf course, parks, Ampitheatre, fishing pier, and vibrant shops and restaurants, Easy access to 1-95 for seamless commuting.serious inquiries only. Access will be granted upon accepted contract.NOTE: #5 Rented at $1850.00 monthly

Useful Info

Previous Asking Price:$2
Original List Price:$1,850,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
  • Wood
  • Hardwood
Stories:1

Property Features

View from the Property:
  • Garden
  • Water
  • Other
Waterfront:No
Waterfront Features:
  • Intracoastal Access
Exterior Features:
  • Porch
  • Patio
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$15,874

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:2024
Association Fee:$1
Association Fee Frequency:
  • Monthly

Terms

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

Community

Association:Yes
Subdivision Name:LAKE WORTH TOWN OF
Community Features:
  • Non-gated
Complex Name:LAKE WORTH TOWN OF
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage Spaces:0
Covered Spaces:0

Utilities

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

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11057260
Ref1103597597

Zoning and Legal

Tax Legal Description:TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
Real Estate Folio Number (Parcel Number):38434421150350010
Zoning Description:MF-30(

Listing History

Update/EventDate/Days
Published Date:January 30, 2025 10:33 am
On Market Date:January 29, 2025
Listing Contract Date:January 29, 2025
Price Change Date Time:January 30, 2025 12:00 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 30, 2025 11:20 am
Status Last Changed:January 30, 2025 12:00 am
Photos Last Modified:January 30, 2025 5:33 pm
Last Modified:January 31, 2025 4:12 am
Days on the Market Reference Date:January 31, 2025
Days on the Market (updated on Last Modified*):1
Cumulative Days on the Market (updated on Last Modified**):1

Additional Information

Lot Size Range:,
Number of Photos:41
Location:,
Included:,,
Geographical Area:Palm Beach 5600; 5610; 5620; 5630; 5640
Area:5600
Automated Valuation Display:Yes
Courtesy of:RE/MAX Prestige Realty/WPB
Universal Property Id:US-12099-N-38434421150350010-R-N

Location

Show Property Address:Yes
Street Name:Lakeside 1 Drive
Street Number:130
Street Direction Prefix:S
Street Address:130 S Lakeside 1 Drive
City : Lake Worth Beach
State : Florida
Zip Code : 33460
County : Palm Beach
Full Address:130 S Lakeside 1 Drive, Lake Worth Beach, FL 33460
Latitude:N26° 36' 48.3''
Longitude:W81° 57' 2.6''

Neighborhood

Postal City:Lake Worth Beach

Property Map