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Wade M. Berlin

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713 2nd Avenue
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PRICED AT ONLY: $1,699,000

Address: 713 2nd Avenue, Lake Worth Beach, FL 33460

Description

Corner lot multi family property with 2 buildings and 8 beautifully furnished 1 bed 1 bath 550 sq ft residential units. Prime location, just one block from the Bamboo Room. Features oversized backyard with space for a pool. Ideal investment opportunity. Completely updated in 2020 with brand new hurricane impact glass windows/doors, stucco, roof, finished floors, plumbing, water lines, mechanical, electrical, & upgraded lighting. Individual electric meters for each unit. Fully occupied: Rent rolls available upon request. 5 min drive to Lake Worth Beach Casino Building & Beach Complex; Benny's on the Beach; The Tideline Resort & Spa; & The Four Seasons Palm Beach. 2 block walk from the heart of Lake Worth Beach Downtown.
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  • MLS#: RX-11124204 ( Quad Plex )
  • Street Address: 713 2nd Avenue
  • Viewed: 7
  • Price: $1,699,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 35
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Features
Building and Construction
  • Absolute Longitude: 80.056154
  • Construction: CBS, Concrete
  • Exterior Features: Room for Pool
  • Flooring: Other
  • Roof: Other
  • Sqft Source: Tax Rolls
  • Sqft Total: 4592.00
  • Total Building Sqft: 4592.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: Bike - Jog, Sidewalks
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 120800.00
  • Income Expenses Annual Total Expense: 34000.00
  • Income Expenses Gross Operating Inc: 154800.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electric
Other Features
  • Avail Info: Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: TOWN OF LAKE WORTH LTS 14 TO 16 INC BLK 87
  • Parcel Id: 38434421150870140
  • Possession: At Closing
  • Zoning: MF-20 (city)/MU
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin