208 South K Street

Lake Worth Beach, FL 33460

$1,200,000
Price
Beds
3,278 Sq. Ft.
$366 / Sq. Ft.
3,278
Sq. Ft.
$366
per Sq. Ft.

Description

Discover an unparalleled investment opportunity in the heart of Lake Worth Beach with this remarkable property. A unique combination of a single-family home and a detached fourplex. Opportunity for live-in investment or traditional rental property. Currently 100% occupied with exceptional tenants. Significant capex investment performed. Perfectly positioned mere blocks away from the vibrant shopping and dining scene on Lake Avenue. Bryant Park and the stunning beaches are just a short bike ride away.Discover an unparalleled investment opportunity in the heart of Lake Worth Beach with this remarkable property. A unique combination of a single-family home and a detached fourplex. Opportunity for live-in investment or traditional rental property. Currently 100% occupied with exceptional tenants. Significant capex investment performed. Perfectly positioned mere blocks away from the vibrant shopping and dining scene on Lake Avenue. Bryant Park and the stunning beaches are just a short bike ride away.
  1. Listed by Christopher S. Alexander • Kanga Property Management

Property Details for 208 South K Street

Subdivision
LAKE WORTH TOWN OF
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water

Location

Listing Courtesy of Kanga Property Management
Add your commute
LISTING UPDATED: 05/10/2024 04:22 PM

Property Details for 208 South K Street

StatusActive
MLS #RX-10985969
Days on Market33
Taxes$16,315 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1928
Lot Size-
CountyPalm Beach County

Building

LAKE WORTH TOWN OF

2 StoriesBuilt in 1928

Location

Listing Courtesy of Kanga Property Management
Add your commute

Building Information for 208 South K Street

Stories2Residences-Year Built1928Building Size-Lot Size-

Payment Calculator

$7,908 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 208 South K Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: I-95 TO 6TH ave S - Go E to K St - Go Left Prop. 4 blocks on the Right.
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 208
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5610
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2023
Property
Lot Information
  • Area: 5610
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 38434421150890120
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,553
  • Square Ft Source: Tax Rolls
  • Zoning: MF-20 (city)/MU
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LTS 12, 13 & 14 BLK 89
  • Sq Ft Liv Area: 3278.0
  • Legal Description: TOWN OF LAKE WORTH LTS 12, 13 & 14 BLK 89
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Awnings, Deck
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Sidewalks
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle, Flat Tile
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central, Wall-Win A/C
  • Flooring: Ceramic Tile, Wood Floor
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $60,706.00
  • Income & Expenses: Annual Total Expense: $36,494.00
  • Income & Expenses: Gross Operating Inc: $97,200.00
  • Tenant Pays: Cable, Electric, Sewer, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator, Stack Bedrooms
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,650
  • Unit 1 Info: SqFt: 885.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Range - Electric, Refrigerator, Stack Bedrooms
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,650
  • Unit 2 Info: SqFt: 600.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Monthly Income: $1,600.00
  • Unit 3 Info: SqFt: 598.0
Unit 4
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Monthly Income: $1,600.00
  • Unit 4 Info: SqFt: 598.0
Rental
Rental Information
  • Pets on Premises: No

Property History for 208 South K Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 208 South K Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
South Grade Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Lake Worth Community Middle School
Public6 to 8

Palm Beach Maritime Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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208 South K Street is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on May 9, 2024 by Kanga Property Management, it's currently listed at $1,200,000. It has been on the market for a total of 33 days and was last sold on June 18, 2020. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth High School and Lake Worth Community Middle School. 208 South K Street is a 0-bed, 0-bath, 3,278 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kanga Property Management

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.