216 South L Street

Lake Worth Beach, FL 33460

$540,000
Price
Beds
1,310 Sq. Ft.
$412 / Sq. Ft.
1,310
Sq. Ft.
$412
per Sq. Ft.

Description

Updated turnkey home in trendy downtown! Amazing income property in prime location! 2 blocks to our vibrant downtown! Less than 2 miles to the beach, golf club, intracoastal, boat ramp & parks! Zoned multifamily currently a duplex. W/ potential for 3rd unit. Recently painted & updated. Sold turnkey, as-is. W/d in garage/utility bldg. 3 separate entrances each w/ outdoor patios & fenced yards. Spacious main house w/ updated kitchen, volume ceilings, den & office. Apt. Off the back has open floor plan,...Updated turnkey home in trendy downtown! Amazing income property in prime location! 2 blocks to our vibrant downtown! Less than 2 miles to the beach, golf club, intracoastal, boat ramp & parks! Zoned multifamily currently a duplex. W/ potential for 3rd unit. Recently painted & updated. Sold turnkey, as-is. W/d in garage/utility bldg. 3 separate entrances each w/ outdoor patios & fenced yards. Spacious main house w/ updated kitchen, volume ceilings, den & office. Apt. Off the back has open floor plan, private entrance, private patio & space parking. 3rd unit is easy convert to a cottage w/ elec. & water already piped in. Enjoy vibrant lake worth in this downtown jewel! See document section for permitted by right use & roi.
  1. Listed by Samantha Lynn Johnsen • RJM Real Estate Corp.

Property Details for 216 South L Street

Subdivision
LAKE WORTH TOWN OF
Waterfront
No
Waterfront Details
One Fixed Bridge
View
Garden
Style
No Pool/No Water
LISTING UPDATED: 11/19/2024 07:58 AM

Property Details for 216 South L Street

StatusActive
MLS #RX-11007622
Days on Market119
Taxes$8,656 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.12 AC / 5,066 SF
CountyPalm Beach County

Building Information for 216 South L Street

Stories1Residences2Year Built1925Building Size-Lot Size0.12 AC / 5,066 SF

Property Information for 216 South L Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: 2 Blocks South of Downtown LWB. 7 Blocks to the Intracoastal.
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 216
  • 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: 1
  • Garage Spaces: 1
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 5610
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Sidewalks, West of US-1
  • Builder Model: Tudor & Apartment
  • Parcel ID: 38434421150910090
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,658
  • Square Ft Source: Tax Rolls
  • Zoning: MF-20
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 9 & S 1/2 OF LT 10 BLK 91
  • Sq Ft Liv Area: 1310.0
  • Legal Description: TOWN OF LAKE WORTH LT 9 & S 1/2 OF LT 10 BLK 91
Utilities
  • Utilities: Cable, Electric, Gas Natural, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Aluminum Siding, Concrete Block Construction, Concrete Block With Brick, Metal Construction
  • Exterior Features: Deck, Fence, Open Patio, Room for Pool, Shutters, Utility Barn
  • Private Pool: No
  • Storm Protection: Impact Glass: Partial
  • Storm Protection: Other Protection: Complete
  • Storm Protection: Panel Shutters: Partial
  • Subdiv Amenities: Bike - Jog, Boating, Golf Course, Park, Playground, Sidewalks, Street Lights
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Built-Up, Comp Shingle, Wood Truss/Raft
  • Separate Elec Meters: No
  • Separate Wtr Meters: No
  • Cooling: Ceiling Fan, Central
  • Flooring: Clay Tile, Tile
  • Heating: Central
  • Window Treatments: Blinds, Double Hung Wood, Hurricane Windows, Impact Glass, Jalousie
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $51,800.00
  • Income & Expenses: Annual Total Expense: $13,000.00
  • Income & Expenses: Gross Operating Inc: $64,800.00
  • Tenant Pays: Cable, Electric, Gas, Insurance, Repairs, Sewer, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Den/Family, Dishwasher, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Gas, Refrigerator, Smoke Detector, Volume Ceiling, Window Cover
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Lease Ends: 06-01-2024
  • Unit 1 Info: Monthly Income: 3,200
  • Unit 1 Info: SqFt: 1182.0
  • Unit 1 Parking: Garage - Detached, Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Laundry, Microwave, Patio, Refrigerator, Smoke Detector, Window Cover
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Lease Ends: 05-15-2024
  • Unit 2 Info: Monthly Income: $2,200
  • Unit 2 Info: SqFt: 128.0
  • Unit 2 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 216 South L Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 216 South L Street

Taxable ValueLand$183,090Additions$181,959Total$365,049
Tax Record2023$8,656 ($721 / month)
Home Facts
Baths2Total Finished SqFt1,310 SqFtAbove Grade Finished SqFt1,310 SqFtStories1Lot Size5,066 SqFtStyleDuplexYear Built1925Year Renovated1995ZoningMF-20CountyPALM BEACHAPN38-43-44-21-15-091-0090

Schools near 216 South L Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
South Grade Elementary School
PublicPK to 5

Lake Worth Community Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy
CharterK to 5

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.

Similar Homes

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216 South L Street is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on July 25, 2024 by RJM Real Estate Corp., it's currently listed at $540,000. It has been on the market for a total of 119 days and was last sold on April 21, 2022. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth Community Middle School and Lake Worth High School. 216 South L Street is a 0-bed, 0-bath, 1,310 sqft multi-family home built in 1925.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RJM Real Estate Corp.

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.