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$530,000

Beds
3
Baths
2.0
sq ft
1,310

216 S L St, Lake Worth Beach, FL 33460

216 S L St

Lake Worth Beach, FL 33460

  • 302 days on market
    • Price drop $25,000↓
Fantastic investment opportunity for anyone looking to capitalize on the vibrant downtown scene and the allure of beachside living in Lake Worth Beach! Prime location just two blocks from the heart of town and less than a mile to the beach makes this home attractive to both buyers and renters. The property's charming exterior, spacious interior, and separate apartment offer versatility and multiple avenues for rental income. Recent updates such as fresh paint, new deck, new landscaping, and a new fence enhance this home's appeal, while features like the fireplace, volume ceilings, updated kitchen, new electric, new plumbing, A/C installed in 2019 & new roof in 2020 add to the attractiveness. With a convertible garage/cottage and MF-20 zoning allowing for multiple dwelling use on the lot,

Details

Property type

Single Family Residence

Est. home value

$468,702

Lot size

5,066 sq ft

Price per sq ft

$405

Year built

1925

Annual property taxes

$8,656

Price History

12/02/2024
Beaches

Beaches #R10962828

Price change
$530,000
-4.5%
05/27/2024
Beaches

Beaches #R10962828

Removed
$555,000
05/19/2024
Beaches

Beaches #R10962828

Price change
$555,000
-0.8%

Schools & Community

Neighborhood: 

Downtown Jewel

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Park, Street Lights, Sidewalks

Number of units in community: 

2

Seller’s Loan History

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

Lender

Kiavi Funding Inc

Loan start date

April 2022

Original loan amount

$276,900

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Commercial

Seller

216 S L St Llc

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?

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Status: Active

Tomo last checked: 12/22/2024 at 2:15 PM

Listing updated: 12/12/2024 at 9:00 AM

Listed by: Sam Johnsen, RJM Real Estate Corp. Phone #: (561) 391-0110

MLS: Beaches #R10962828

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