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721 N Dixie Highway

Lake Worth Beach, FL 33460
  • $650,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: RX-10867982
UPDATED: 32 min ago
$650,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,206
    SQFT
  • $295
    $/SQFT
Neighborhood:
Lake Worth Town Of
Type:
Multi-Family
Built:
1950
County:
Palm Beach
Area:
Lake Worth Beach

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Description

Great income producing Triplex. Three separate meters for each of the 2 bedroom/1 bathroom apartments. Great for AirBnB. Spiral Staircase up to Roof Deck. Property is always in High Demand. Huge Rental demand area, units never empty. Currently leased with under market value rents. Tenants are wonderful and happy. All tenants rented 6 years and want to stay. Huge Parking Lot!!! Central AC in Units!!! Separate Laundry Room. Close to Lake Worth Beach Downtown, Restaurants, Shopping, Beach and a new Publix Supermarket.

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721 N Dixie Highway Lake Worth Beach, FL 33460

  • Price: $650,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 32 min ago
  • MLS #: RX-10867982
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,206
SQFT
$295
$/SQFT
1950
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Great income producing Triplex. Three separate meters for each of the 2 bedroom/1 bathroom apartments. Great for AirBnB. Spiral Staircase up to Roof Deck. Property is always in High Demand. Huge Rental demand area, units never empty. Currently leased with under market value rents. Tenants are wonderful and happy. All tenants rented 6 years and want to stay. Huge Parking Lot!!! Central AC in Units!!! Separate Laundry Room. Close to Lake Worth Beach Downtown, Restaurants, Shopping, Beach and a new Publix Supermarket.
Exterior Features

Carport Spaces 0.00 Construction CbsFrameStucco Exterior Features Custom LightingDeckFence Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 130.0 Ft Private Pool YN No Roof AluminumComp Shingle Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralWall-Win A/C Flooring Other Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 790 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 815 Unit3 Bedrooms 2 Unit3 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 695 Window Treatments Awning

Property Features

Annual Net Operating Income 1.00 Annual Total Expenses 1.00 Auction No Available Info Deposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 45000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes Insurance-OtherLawn CarePest ControlTrash Removal Multifamily Type Triplex Possession At Closing REO No Restrictions Other Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Info Sold As-Is Sq Ft Total 2279.00 Subdivision Amenities None Tax Amount 7572.59 Tax Year 2022 Taxes City/County Tenant Pays CableElectric Terms Considered Cash Unit1 Lease Ends 2023-05-31 Unit1 Monthly Income 1200.00 Unit2 Lease Ends 2023-05-31 Unit2 Monthly Income 1250.00 Unit3 Lease Ends 2023-05-31 Unit3 Monthly Income 1300.00 Utilities CableLake Worth Drain DisPublic SewerPublic Water Zoning Mu-Dh(

Listing provided courtesy of Home Max Realty International: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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2530 SW 87 Ave
Miami FL, 33165