tomo logo

$550,000

Beds
1
Baths
2.0
sq ft
769

619 N M St, Lake Worth Beach, FL 33460

619 N M St

Lake Worth Beach, FL 33460

  • 5 days on market
Two charming cottages on a HUGE lot! This income producing property features a 1/1 main cottage and a separate studio rental unit, offering the flexibility to live in one and rent the other. Plenty of room for your large boat or RV and NO HOA! Complete renovation in 2021 including new roofs, impact windows, electric, and plumbing. Stylish interiors and updated appliances, fully furnished and turnkey! Lush private yard perfect for relaxation or entertaining. Minutes from eclectic downtown, dining, and the beach. Enjoy the vibrant lifestyle of Lake Worth Beach while maximizing your investment! Assumable mortgage at 3.25% makes owning this property even more affordable. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$499,229

Lot size

6,750 sq ft

Price per sq ft

$716

Year built

1925

Annual property taxes

$7,396

Price History

03/27/2025
Beaches

Beaches #R11076013

Listed
$550,000
+28.5%
02/25/2022
Beaches

Beaches #R10770152

Sold
$428,000
+242.4%
02/28/2020
Beaches

Beaches #R10601126

Sold
$125,000

Schools & Community

Neighborhood: 

Mango Groves

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

$118,933
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$387,067
Cash to seller
$118,933

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

Seller’s Loan History

Lender

Total Mortgage Services Llc

Loan start date

February 2022

Original loan amount

$413,613

Est. remaining balance

$387,067

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Austin Wickum

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: 04/01/2025 at 11:10 AM

Listing updated: 03/28/2025 at 10:05 PM

Listed by: Cynthia Nalley, Acquire Palm Beach LLC Phone #: (561) 279-3333

MLS: Beaches #R11076013

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