301 M ,Quadruplex, Fourplex, Lake Worth Town Of for Sale

301 M for Sale

Price $1,525,000.00

• Lot size 10125
• Year Build 1925
• Waterfront
• Zip 33460
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

TOWN OF LAKE WORTH LTS 17 THRU 19 BLK 111

Lake Worth, Less Than 1/4 Acre Lot, East Of US 1, Less Than 1 Acre

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.

Sewer:1:Public Sanitation,2:Sewer,Zoning:SF-R (city),Country:United States,List A O R:BeachesMLS,Stories:2,Tax Year:2025,Cooling Y N:1,Heating Y N:1,List Price:1525000,Listing Id:B26053634,Mls Status:Active,Utilities:1:Electricity Connected,2:Cable Available,3:Electricity Available,Year Built:1925,Directions:Use Navigation,High School:Lake Worth,Living Area:3084,Postal Code:33460,Street Name:M,Gross Income:151066,Lot Features:1:Less Than 1/4 Acre Lot,2:East Of US 1,3:Less Than 1 Acre,Pets Allowed:1:Yes,Photos Count:9,Listing Terms:1:Conventional,2:FHA,3:FHA 203K,Lot Size Acres:0.23,Lot Size Units:Square Feet,M I A M I R E_ Area:5610,M L S Area Major:Lake Worth Town Of,On Market Date:2026-07-17,Parcel Number:38434421151110170,Property Type:Residential Income,Stories Total:2,Street Number:301,Street Suffix:Street,Public Remarks: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.,County Or Parish:Palm Beach County,Expiration Date:2027-01-17,List Office Name:Home Sold Realty LLC,Listing Service:Limited Service,Standard Status:Active,Window Features:1:Verticals,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4572,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:S,Subdivision Name:LAKE WORTH TOWN OF,Tax Annual Amount:13611,Total Actual Rent:151066,Unparsed Address:301 S M Street, FL 33460,Elementary School:South Grade,Exterior Features:1:None,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:3084,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:10125,M I A M I R E_ L P Amt Sq Ft:494.4877,M I A M I R E_ Num Floors:2,Original List Price:1525000,I D X Participation Y N:1,Net Operating Income:95202,Number Of Units Total:4,Syndication Remarks: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.,Listing Contract Date:2026-07-17,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Call Owner,Elect Lockbox - Call Owner,Street Number Numeric:301,Tax Legal Description:TOWN OF LAKE WORTH LTS 17 THRU 19 BLK 111,M I A M I R E_ Current Price:1525000,Middle Or Junior School:Lake Worth Community Middle,Construction Materials:1:Frame With Stucco,M I A M I R E_ Municipal Code:38,M I A M I R E_ Num Leases Year:1,M I A M I R E_ Total Mortgage:942200,M I A M I R E_ Year Installed:1925,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5600; 5610; 5620; 5630; 5640,M I A M I R E_ Parcel Number M L X:3843,M I A M I R E_ Supplement Count:4,Contract Status Change Date:2026-07-17,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:15,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Num Times Leased Year:1,M I A M I R E_ Agent Alternate Phone:833-700-2782,M I A M I R E_ Approx Sqft Total Area:10125,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:450667,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:494.49,Internet Automated Valuation Display Y N:1,