Florida
Lake Worth Beach
1229 S M Street

$480,000

1229 S M Street, Lake Worth Beach, FL 33460

1,246 sqft

Duplex
Built in 1957
6,534sqft lot
—— car garage
$385/sqft
Listed 4 months ago

Property Description

Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as-is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.

Listing Status:: Active
Date Added:: April 10, 2025 at 05:00AM
Listing Office:: RPM LUXE REALTY : (561) 929-7317
Listing Agent:: Rodger Morelli : (561) 929-7317
MLS ID:: R11080470

Flooring: Ceramic Tile
A/C: Electric
Heating: Other

This listing courtesy of Rodger Morelli, RPM LUXE REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Grade Elementary School

716 S K St, Lake Worth Beach, FL, 33460

Grades PK-5

0.47 miles away

Palm Beach Maritime Academy

1518 W Lantana Rd, Lantana, FL, 33462

Grades KG-8

1.31 miles away

Lake Worth Community High School

1701 Lake Worth Rd, Lake Worth Beach, FL, 33460

Grades 9-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.