727 M Street

Lake Worth Beach, FL 33460
Square Ft.
1,695
$564,900
Income-Producing Duplex in Prime Location! This property features two separately fenced units just minutes from downtown, the Intracoastal, and the beach. The 1BR/1BA rents for $1,600/month, and the 3BR/1BA rents for $2,600/month, delivering strong cash flow in a high-demand area. Major updates include a new roof (2022) and AC +Read MoreRead Less
Courtesy of American Investment Solutions, Alexander Schmitt, 561-246-9566.
Listing Snapshot
Days Online
88
Last Updated
Property Type
Duplex
Square Ft.
1,695
Lot Size
0.15 Acres
Year Built
1950
MLS Number
RX-11101289
30 Days Snapshot Of 33460
$479k
-21%
(avg) sold price
21
-16%
homes sold
136
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,695 total living square feet, 1,695 total square feet, Built in 1950, 1 story, 2 units in building, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 615 square feet, Unit 2 is 1,000 square feet, Frame, A/C Unit, Dryer, Kitchen, Microwave, Patio, Range - Gas, Refrigerator, Walk-in Closets, Washer, A/C Unit, Dishwasher, Dryer, Kitchen, Microwave, Patio, Range - Gas, Refrigerator, Washer
Cooling
Central, Wall-Win A/C
Exterior Features
Auto Sprinkler, Fence, Open Patio, Shed
Floors
Tile
Heating
Central, Window/Wall
Interior Features
Unit 1 furnished?: No, Unit 2 furnished?: No
Lot
Lot dimensions: 50.0 ft x 135.0 ft, 6,750 lot square feet, < 1/4 Acre
Miscellaneous
Business type: None, Unit 1 monthly income: $1,600, Unit 1 monthly lease ends: 2026-06-30, Unit 2 monthly income: $2,800, Unit 2 monthly lease ends: 2025-08-31, Gross operating income: $52,800, Annual total expense: $364, Annual net operating income: $49,632, Cable, Electric, Gas, Insurance, Cash, Conventional, FHA, VA
Parking
None, Space Parking
Property
Property type: B, Zoning: SF-R(c, Waterfront: No, None
Roof
Comp Shingle
Taxes
Real estate taxes: $7,595, Tax year: 2024, City/County
Utilities
0.00 meter, Electric, Gas Natural, Public Sewer, Public Water
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