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$400,000

Beds
3
Baths
2.0
sq ft
1,116

1109 S M St, Lake Worth Beach, FL 33460

1109 S M St

Lake Worth, FL 33460

  • 186 days on market
    • Price drop $10,000↓
BEAUTIFULLY UPDATED 3/2 SINGLE FAMILY HOME IN LAKE WORTH. THIS HOUSE FEATURES WHITE SHAKER CABINETS IN THE KITCHEN, WITH QUARTZ COUNTERTOPS AND STAINLESS STEEL APPLIANCES. BOTH BATHROOMS WERE UPGRADED WITH NEW FLOORING, VANITIES, TOILETS AND A NEW SHOWER IN THE MASTER BATHROOM. HUGE BACKYARD TO ENTERTAIN YOUR GUESTS. SHED STAYS WITH THE PROPERTY, TRAILER CAN STAY OR GO, YOU CHOOSE. FENCES WERE INSTALLED IN 2020. AC WAS INSTALLED IN 2021. ROOF WAS INSTALLED IN 2022. A LOT OF UPGRADES!!! PROPERTY IS CURRENTLY LEASED TO MONTH-TO-MONTH TENANTS. THEY CAN STAY OR GO. THIS HOUSE IS PERFECT FOR A NEW HOMEOWNER OR INVESTOR. HUGE CAP RATE POSSIBILITY!

Details

Property type

Single Family Residence

Est. home value

$363,573

Lot size

6,743 sq ft

Price per sq ft

$359

Year built

1947

Annual property taxes

$7,015

Price History

02/28/2025
SEF

SEF #A11663512

Price change
$400,000
-2.44%
09/26/2024
SEF

SEF #A11663512

Listed
$410,000
+100.98%
02/07/2020
Beaches

Beaches #R10549250

Sold
$204,000
+45.71%

Schools & Community

Neighborhood: 

Sosa/Pineapple Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$187,996
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$180,004
Cash to seller
$187,996

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

February 2020

Original loan amount

$200,305

Est. remaining balance

$180,004

Interest rate

3.73%

Loan type

FHA, 30 year

Seller

Sidnei Guerrero Ruiz and Patricia G Almeida

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 1:00 PM

Listing updated: 03/24/2025 at 7:16 PM

Listed by: Ricardo Almeida, Reall Realty LLC Phone #: (561) 617-7387

MLS: SEF #A11663512

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