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431 S M Street 1-5 Lake Worth Beach, FL $ 1,250,000
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431 S M Street 1-5
$ 1,250,000
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431 S M Street 1-5

Lake Worth Beach, FL, 33460
$ 1,250,000
Bedrooms-- Baths0.0 Sq 4,074

Monthly Estimate*

$ 8,633

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Multi-Family Home for sale in Lake Worth Beach, FL for $1,250,000. This 4,074 square foot home was built in 1925 on a lot size of 0.23.

EXCELLENT INVESTMENT IN AN EXCELLENT LOCATION! THIS IS A WELL MAINTAINED 5 UNIT BUILDING ON 4 LOTS WITH LUSH LANDSCAPING AND BEAUTIFUL OAK TREES WITH 4 -2 BEDROOMS AND 1 -1 BEDROOMS WHICH BRINGS IN EXCELLENT RENTS. THERE HAS BEEN SPECIAL IMPROVEMENTS TO THE BUILDING INCLUDING NEW IMPACT GLASS WINDOWS, NEW CUSTOMIZED ROOF, TANKLESS HOT WATER HEATERS, NEW UPDATED ELECTRICAL SYSTEM, UPGRADES TO THE INSIDE INCLUDING COMPLETE REMODEL IN # 3, COMPLETE PANTING IN 2022, FULLY FENCED IN YARD, AND MANY MORE! THERE IS ALSO COIN LAUNDRY ON THE PREMISES. TRULY A MUST SEE, MAKE OFFER!

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Multi-Family Active

Price

$ 1,250,000

Property Type

Multi-Family

Taxes

$ 16,066

Style

Lot Size

0.23

Year Built

1925

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

B26092508
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition Metal
HOA Fee 0
Patio/Porch Features Covered Open Patio Porch Balcony
Construction Materials Frame
Pets Allowed Pet Fee Pet Restrictions Yes
Year Built 1925
Electric 3 Phase
Tenant Pays Cable TV Electricity Gas
View Garden
Stories Count 3
Levels One Three Or More
Unit Number 1-5
Property Subtype Quadruplex
Tax Year 2025
Gross Income 117600
Waterfront Features None
Accessibility None
County Palm Beach
Net Operating Income 95600
Operating Expense 22000
New Construction false
Property Type Residential Income
Subdivision Name LAKE WORTH TOWN OF
Other Structures Gazebo
Status Active
High School Lake Worth
City Lake Worth Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5610
Elementary School South Grade
Tax Annual Amount 16066.2
Middle/Junior High School Lake Worth
Property Condition Resale
MLS Area Minor PB16
Virtual Tour https://www.propertypanorama.com/431-S-M-Street-Unit-15-Lake-Worth-Beach-FL-33460/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description TOWN OF LAKE WORTH W 1/2 OF LTS 29 & 30 & LTS 31 & 32 BLK 157
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Interior
Flooring Carpet Laminate Tile Wood
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows Insulated Windows Storm Window(s)
Laundry Features Common Area
Total Baths 0
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Exterior
Private Pool false
Exterior Amenities Balcony Courtyard Outdoor Living Area Outdoor Shower Other Uncovered Courtyard Room For Pool
Fencing Back Yard Fenced Full Front Yard Wood
Lot Features Corner Lot Fruit Trees Irregular Lot Landscaped Oversized Lot < 1/4 Acre
Water Source Public
Total Parking 5
Lot Size Area 10129
Foundation Details Block
Building Area Total 4564
Lot Dimensions 50.0 ft x 0.0 ft
Lot Size Acres 0.23
Road Surface Type Asphalt Gravel
Waterfront Y/N false
Road Frontage Type City Street Easement
Other Equipment Call Listing Agent
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Peter G Muller

Listing Agent

Affordability Calculator

$9,972
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$1,339
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
Date Price Price Change Description
10/25/2026 $1,250,000 Listed Price

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431 S M Street 1-5, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $1,250,000 with 4,074 sqft and a lot size of 0.23. 431 S M Street 1-5 has 0.0 baths and was built in 1925. The property's zip code is 33460 which is in Lake Worth Beach, FL

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