301 S M Street, Lake Worth Beach, FL

$1,525,000

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3,084

Square feet

0.23

Acres

About 301 S M Street

Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.

Features of 301 S M Street

MLS® # B26053634
Price $1,525,000
Square Footage 3,084
Acres 0.23
Year Built 1925
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 301 S M Street
Area 5610
Subdivision LAKE WORTH TOWN OF
City Lake Worth Beach
County Palm Beach
State FL
Zip Code 33460

Amenities

Utilities Cable Available, Electricity Available
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central Individual
Cooling Central Individual
# of Stories 2

Exterior

Exterior Features None
Windows Blinds
Roof Built-Up
Construction Frame

School Information

Elementary South Grade
Middle Lake Worth
High Lake Worth

Additional Information

Zoning SF-R (city)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHome Sold Realty LLC
Phone833-700-2782

Listing Map

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