501 N J Street

Lake Worth Beach, FL 33460 View Map $844,900 Schedule a Showing
Sq.Ft.3,332
Year1962

EXIT Realty Premier Elite

(561) 967-3948
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Status: Active
Property Type:Multifamily (5+ Units)
MLS #:RX-10577805
Sq. Feet:3,332
On Site:74 Days
Lot Size:0.15 Acres
County:Palm Beach
6.5% Cap Rate! All offers will be considered! RARE OPPORTUNITY TO PURCHASE A FULLY RENOVATED MULTI-FAMILY PROPERTY IN DOWNTOWN LAKE WORTH BEACH. EASY MAINTAINABLE BUILDING THAT INCLUDES COIN LAUNDRY ROOM THAT ADDS TO YOUR NET. PERFECT FOR A 1031 EXCHANGE OR FOR A FIRST TIME INVESTOR THAT WANTS TO GET INTO THE MARKET. THE AREA CURRENTLY HAS NO HOTELS SO THIS WOULD BE A GREAT AIRBNB OR VACATION DESTINATION PROPERTY. BRAND NEW COIN OPERATED SPEED QUEEN LAUNDRY EQUIPMENT. ALL TENANTS ARE ON YEARLY LEASES AND ALL SCREENED. PLEASE DONT DISTURB THE TENANTS.Welcome to the Downtown Five Apartments Homes at Lake Worth Beach! These fully renovated professionally managed apartment homes are Ideally located just 2 blocks to Publix Supermarket, 3 blocks to Downtown Lake Worth Beach.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/6/2020$897,999$844,900-5.9%

Community Information

Address:501 N J Street Lake Worth Beach, FL 33460
County:Palm Beach
Subdivision:Lake Worth Town Of
Zip Code:33460

Features / Amenities

Total Sq. Ft.:3332
Flooring: Ceramic Tile, Vinyl Floor
Security: TV Camera
Cooling: Central, Electric, Wall-Win A/C
Heating: Central, Electric

Property Features

Lot Size: 0.15 Acres
Miscellaneous: Fenced, Landscaped, Laundry, No Lawn Sprinkler
Utilities: Electric, Public Sewer, Public Water
Zoning:SF-TF-
Directions:On Dixie HWY going north make right onto 5th Ave and its on your left.

Tax and Financial Info

Tenant Pays: Cable, Electric
Available Documents: Aerial
Tax Amount: 11430.00
Tax Year: 2019

Schools

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501 N J Street Lake Worth Beach, FL 33460
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501 N J Street Lake Worth Beach, FL 33460
 
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Listing Information Last Updated 1/25/2020
Listing provided courtesy of Exit Realty Premier Elite.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2020 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.© 2020 Beaches Multiple Listing Service, Inc.