• Listing status icon

    $1,070,000

  • Closed 1/27/17 | MLS#: RX-10272991
  • 0.38Acre

24-32 S L Street Lake Worth, FL 33460

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Overview

Incredible opportunity to purchase 4 contiguous properties with 11 units+mother-in-law suite just a half-block from downtown Lake Worth! There is strong rental demand in this prime location, making these units easy to rent. Pick up a coffee at the Starbucks around the corner and stroll through downtown, or walk to the intracoastal or the Publix grocery. Just a half mile walk to the beach! The apartments are fully rented with excellent rent roll. This incredible location also provides a unique development opportunity for the right buyer.Don't miss out on this ideal combination of location, income and development potential.For detailed financials and full offering memorandum, go to www.paxproperties.com/lwportfolio .

Listing provided courtesy of: PAX Properties LLC

General Features

  • Type MultiFamily (5+ Units)
  • Tenant Pays Cable, Electric
  • Sale Includes Building and Land
  • Year Built 1935
  • Year Built Description Resale
  • Use Income
  • County Palm Beach

Building Features

  • Baths - # Toilets 12.00
  • Cooling Central, Electric, Wall-Win A/C
  • Fire Protect Smoke Detector
  • Ceiling Height Varies, Plaster
  • Construction Aluminum Siding, CBS, Frame/Stucco
  • Flooring Ceramic Tile, Vinyl Floor, Wood Floor
  • # of Stories 2.0
  • % Air Conditioned 100.00
  • Heating Central, Electric, Window/Wall
  • Total Building SqFt 7526.00
  • Type of Building Resident. Multi-Fam., Resident. Single Fam
  • Roof Comp Rolled, Comp Shingle

Property Features

  • Utilities 3-Phase Electric, Cable, Public Sewer, Public Water
  • Building Info: Miles to Beach 1
  • Miscellaneous 1 Fenced, Kitchen Facilities, Landscaped, Laundry
  • Miscellaneous 2 Storage
  • Property Desc 7 1BR, 2 2BR, 3 Eff
  • Location Beach Area, Central Business Dst, City
  • Acres 0.38

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Days on Market

  • This property was listed on the market for 122 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Home Valuation

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33460 (Lake Worth)

  • Housing Occupancy

    Home Owners
    6,034
    40%
    Renters
    7,081
    46%
    Vacant
    2,143
    14%
    Total Housing Units
    15,258
  • Households

    Average Household Size
    2.78
    Housing Density (People per square mile)
    7,949

Age Range (number of people)

Age 0-14
8,322
Age 15-24
4,436
Age 25-39
6,737
Age 40-59
10,145
Age 60-79
6,012
Age 80+
1,627
Total
37,279

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33460 (Lake Worth)

Public Schools in Zip Code 33460 (Lake Worth)

* This list of schools may not match the property above.

  • LAKE WORTH HIGH SCHOOL
    1701 LAKE WORTH RD LAKE WORTH, FL 33460
    Phone: 5615336300
    9th-12th
  • Grade Size Distribution
    • 9th
    • 587
    • 10th
    • 521
    • 11th
    • 475
    • 12th
    • 473
    • Teachers: 172
    • Students per Teacher: 12.0
    • Students: 2056
    • Male/Female: 905/1079
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • ACADEMY FOR POSITIVE LEARNING
    128 NORTH C ST LAKE WORTH, FL 33460
    Phone: 5615856104
    K-8th
  • Grade Size Distribution
    • Knd
    • 12
    • 1st
    • 12
    • 2nd
    • 11
    • 3rd
    • 12
    • 4th
    • 9
    • 5th
    • 16
    • 6th
    • 15
    • 7th
    • 11
    • 8th
    • 10
    • Teachers: 9
    • Students per Teacher: 12.0
    • Students: 108
    • Male/Female: 48/56
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • BARTON ELEMENTARY SCHOOL
    1700 BARTON RD LAKE WORTH, FL 33460
    Phone: 5615409100
    K-5th
  • Grade Size Distribution
    • Knd
    • 94
    • 1st
    • 101
    • 2nd
    • 105
    • 3rd
    • 122
    • 4th
    • 88
    • 5th
    • 79
    • Teachers: 52
    • Students per Teacher: 11.3
    • Students: 589
    • Male/Female: 301/274
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • NORTH GRADE ELEMENTARY SCHOOL
    824 NORTH K ST LAKE WORTH, FL 33460
    Phone: 5612029300
    K-5th
  • Grade Size Distribution
    • Knd
    • 126
    • 1st
    • 133
    • 2nd
    • 132
    • 3rd
    • 136
    • 4th
    • 140
    • 5th
    • 121
    • Teachers: 64
    • Students per Teacher: 12.3
    • Students: 788
    • Male/Female: 391/355
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • SOUTH GRADE ELEMENTARY SCHOOL
    716 SOUTH K ST LAKE WORTH, FL 33460
    Phone: 5612029400
    K-5th
  • Grade Size Distribution
    • Knd
    • 128
    • 1st
    • 132
    • 2nd
    • 133
    • 3rd
    • 129
    • 4th
    • 107
    • 5th
    • 94
    • Teachers: 70
    • Students per Teacher: 10.3
    • Students: 723
    • Male/Female: 375/327
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • HIGHLAND ELEMENTARY SCHOOL
    500 HIGHLAND AVE LAKE WORTH, FL 33460
    Phone: 5612020500
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 53
    • Knd
    • 125
    • 1st
    • 116
    • 2nd
    • 121
    • 3rd
    • 122
    • 4th
    • 104
    • 5th
    • 79
    • Teachers: 66
    • Students per Teacher: 10.9
    • Students: 720
    • Male/Female: 359/342
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • LAKE WORTH HIGH ADULT EDUCATION CENTER
    1701 LAKE WORTH RD LAKE WORTH, FL 33460
    Phone: 5615336363
    • Teachers: 7
    • Students per Teacher: N/A
    • Students: 0
    • Male/Female: 0/0
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • Private Schools in Zip Code 33460 (Lake Worth)

    * This list of schools may not match the property above.

    • DiBacco School
      1123 Crestwood Blvd. W Lake Worth, FL 33460
      Phone: 5615330450
      PreK-12th
    • Grade Size Distribution
      • Ungrd
      • 35
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 35
    • Our Savior Lutheran Church And School
      1615 Lake Ave. Lake Worth, FL 33460
      Phone: 5615828624
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 16
      • Knd
      • 10
      • 1st
      • 6
      • 3rd
      • 4
      • 4th
      • 4
      • 5th
      • 5
      • 6th
      • 2
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 47
    • SACRED HEART SCHOOL
      410 N M St. Lake Worth, FL 33460
      Phone: 5615822242
      PreK-8th
    • Grade Size Distribution
      • PreK
      • 17
      • Knd
      • 25
      • 1st
      • 25
      • 2nd
      • 18
      • 3rd
      • 25
      • 4th
      • 28
      • 5th
      • 23
      • 6th
      • 34
      • 7th
      • 19
      • 8th
      • 24
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 238
    • THE ELLES SCHOOL
      1325 N A St. Lake Worth, FL 33460
      Phone: 5615881954
      PreK-9th
    • Grade Size Distribution
      • Knd
      • 3
      • 1st
      • 1
      • 2nd
      • 1
      • 3rd
      • 3
      • 4th
      • 1
      • 5th
      • 2
      • 6th
      • 3
      • 7th
      • 5
      • 8th
      • 1
      • 9th
      • 3
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 23

    * School data provided by US Department of Education


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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional