MLS® ID: RX-10534881

204 S M Street

Lake Worth Beach, Florida, 33460

$499,000 Backup
  • 3197 SQFT
Huge Cash Cow Options Galore. Either live in one apartment rent the other, keep operating as a fantastic vacation rental, or run your business from home as its zoned commercial MU-E. Located in downtown Lake Worth Beach just 2 blocks south of Lake Avenue close to restaurants/stores. Currently run as a successful Vacation Rental Complex the 1st floor apartment offers 4 bedrooms suites with original marshmallow stucco walls, hardwood floors, fireplace, and 9 ft. ceilings and large living area. Unit 2 is on the 2nd floor with 3 large bedroom suites, 1 bathroom, and an open living area, full kitchen. A laundry area exists in both apartments. The roof was replaced, a termite bond in place, new wiring, and in good condition. The income is a gross of $70K, and a net of $50K.
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Listing courtesy of The Corcoran Group

Amenities

  • Zip
    33460
  • Office name
    The Corcoran Group
  • Subdivision
    LAKE WORTH TOWN OF
  • SQFT
    3197
  • Property type
    Duplex
  • Zoning type
    PO/MF-
  • Year built
    1926
  • Lot size
    5225
  • Heating
    Window/Wall
  • Tax year
    2018
  • Agent name
    Donald Todorich
  • Tax amount
    $ 5117.66
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    3000-3500 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    404289
  • Agent ID
    63084827

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