727 S M Street Lake Worth Beach, FL $ 495,000
727 S M Street
$ 495,000
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727 S M Street

Lake Worth Beach, FL, 33460
$ 495,000
Baths0.0 Sq 1,079

Monthly Estimate*

$ 3,048

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Studio Multi-Family Home for sale in Lake Worth Beach, FL for $495,000. This 1,079 square foot home was built in 1950 on a lot size of 0.15.

Discover a versatile income producing investment in the heart of Lake Worth Beach! This fully fenced duplex offers both charm and functionality, featuring a 1-bedroom/1-bath cottage rented for $1,600 per month and a 3-bedroom/1-bath home rented for $2,450 on one lot. Both units are equipped with new AC systems, newer roofs, and in-unit washer and dryer for modern comfort. Located just minutes from the beach and vibrant downtown, this property is ideal for seasoned investors seeking strong rental income or for new investors who want to live in one unit while generating income from the other. With its prime location and move-in-ready features, this duplex is a rare find in today's market.

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Multi-Family Pending

Price

$ 495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,020

Style

Lot Size

0.15

Year Built

1950

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

B26015914

Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Electricity Connected Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Construction Materials Block Frame Concrete
Pets Allowed Cats OK Dogs OK Yes
Year Built 1950
Electric 3 Phase
Tenant Pays Cable TV Electricity Gas Sewer Water
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Gross Income 51000
Waterfront Features None
Accessibility None
County Palm Beach
Net Operating Income 47000
New Construction false
Property Type Residential Income
Contingency Appraisal Inspection
Subdivision Name LAKE WORTH TOWN OF
Status Pending
Directions 6th avenue East to Dixie Hwy and head south to 8th ave N. Turn left onto S M St. Property located on left hand side.
High School Lake Worth
City Lake Worth Beach
Senior Community Y/N false
Number Of Units Total 2
MLS Area 5610
Elementary School South Grade
Tax Annual Amount 10020.21
Middle/Junior High School Lake Worth
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/727-S-M-Street-Lake-Worth-Beach-FL-33460--B26015914/unbranded
Standard Status Pending
Property Sub Type Additional Duplex
Legal Description TOWN OF LAKE WORTH LT 15 BLK 215
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Interior
Flooring Tile Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities None
Fencing Fenced
Lot Features Sprinklers Automatic < 1/4 Acre
Water Source Public
Total Parking 2
Lot Size Area 6750
Building Area Total 1079
Lot Dimensions 50.0 ft x 135.0 ft
Lot Size Acres 0.15
Waterfront Y/N false
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* Excluded Features
List By
Alexander Schmitt

Listing Agent

Affordability Calculator

$3,883
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4270239 Elementary School
0 Middle School
Lake Worth High School High School
Pricing History
Date Price Price Change Description
5/6/2026 $495,000 -1.96% Price Down
4/22/2026 $504,900 -4.74% Price Down
4/15/2026 $530,000 Listed Price

Map


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727 S M Street, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $495,000 with 1,079 sqft and a lot size of 0.15. 727 S M Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 33460 which is in Lake Worth Beach, FL