Lake Worth Beach, FL 33460 618 3rd Avenue S
$624,000
45 more
Presented By: Illustrated Properties LLC
SQFT • 1,320
Home Details
Completely remodeled 1 year ago. Roof 2018. Unique investment opportunity. Tenants in place! Unit 1 tenant lease expires September 30, 2025. Unit 2 tenant lease expires February 20, 2025. Have you been looking for an income-producing property where you can live and collect rent to offset expenses? BINGO! Two 1/1 units, all utilities separately metered (water, sewer, electric and gas), with 3 off-street parking spaces for Unit 1 (including a 1-car garage); Unit 2 enjoys a fenced backyard with patio and separate laundry room with storage. Just 2 blocks from buzzing downtown Lake Worth Beach. Perfect scenario for snowbird who wants a comfortable home that is an easy walk to town and the beach. Each unit is a spacious 1/1 with luxury vinyl flooring, washer/dryer, white Shaker
Presented By: Illustrated Properties LLC
Interior Features for 618 3rd Avenue S
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Window FeaturesBlinds
General for 618 3rd Avenue S
Additional Parcels Y/NNo
Attached Garage No
Building DesignDuplex
Carport Y/NNo
CityLake Worth Beach
Community FeaturesNonGated
Construction MaterialsBlock
CoolingCentralAir, CeilingFans, Electric
CountyPalm Beach
DirectionsDixie or Federal to 3rd Avenue South, corner of 3rd South and K Street South.
DisclosuresOwnerIsListingAgent
Electric On Property Y/NNo
Exterior FeaturesFence, Patio
Garage Y/NNo
HOAYes
HeatingCentral, Electric, HeatStrip
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionTOWN OF LAKE WORTH W 85 FT OF LTS 1 & 2 BLK 89
LevelsOne
Lot Size Square Feet4251.0
Lot Size UnitsSquareFeet
MLS Area5610
MLS Area MinorPalm Beach 5600; 5610; 5620; 5630; 5640
MobileHomeRemainsYNNo
Net Operating Income40873.0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense9527.0
Patio/Porch FeaturesPatio
Pool FeaturesNone
PossessionClosingAndFunding, Immediately
PostalCityLake Worth Beach
Private PoolNo
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameLAKE WORTH TOWN OF
Tax Annual Amount8134.0
Tax Year2023
Tenant PaysExteriorElectric, Sewer, Water
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1966
Year Built DetailsResale
Zoning DescriptionMF-20(
Exterior for 618 3rd Avenue S
Building Area Total1896.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions< 1/4 Acre, Sidewalks, Pub
Lot FeaturesCornerLot, LessThanQuarterAcre
Lot Size Area4251.0
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Erin Allen
Sales Associate
Jon Allen
Realtor
![Affiliate Lockup_Ivory[50]](https://assets.agentfire3.com/uploads/sites/49/2024/02/Affiliate-Lockup-Ivory50.max.png)
