• 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 200 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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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
School Population
  • Teachers: 172
  • Students per Teacher: 12.0
  • Students: 2056
  • Male/Female: 905/1079
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 9
  • Students per Teacher: 12.0
  • Students: 108
  • Male/Female: 48/56
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 52
  • Students per Teacher: 11.3
  • Students: 589
  • Male/Female: 301/274
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 64
  • Students per Teacher: 12.3
  • Students: 788
  • Male/Female: 391/355
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 70
  • Students per Teacher: 10.3
  • Students: 723
  • Male/Female: 375/327
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 66
  • Students per Teacher: 10.9
  • Students: 720
  • Male/Female: 359/342
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • Teachers: 7
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • PALM BEACH
  • 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
  • Phone: 5614348200
District Population
  • 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
School Population
  • 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
School Population
  • 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
School Population
  • 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
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 23

* School data provided by US Department of Education


All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2017 Beaches Multiple Listing Service, Inc..

* 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