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1229 S M StreetLake Worth Beach, FL 33460

For Sale

$480,000

Smart Buyer Rebate $2,000

Amazing income investment opportunity 7 4 cap rate this large duplex is 2 bedrooms 2 bath on one side and 1 bedroom 1 bath on the other separate electric and plenty of parking the owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as is situated on an oversized corner lot with room for a pool and or future expansion the location in east lake worth beach is only a couple blocks from the beautiful intracoastal waterways downtown shops amazing restaurants golf and more

Listed by Rodger Morelli

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License #3059403

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RPM LUXE REALTY

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(561) 929-7317

Last updated August 14, 2025

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Source: BeachesMLS #RX-11080470

Listing Facts

  • TypeMulti-family
  • NeighborhoodSOSA
  • Days on Prevu151
  • Taxes$7,883/year
  • Size1,246 sqft
  • Price per sqft$385

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/15/2025
Status changed to Active
$480,000
08/14/2025
Status changed to Removed from Feed
$480,000
05/16/2025
Status changed to Temporarily Off Market
$480,000
04/30/2025
Price Decreased
$480,000
04/16/2025
Price Decreased
$525,000
04/10/2025
Listed by RPM LUXE REALTY
$564,999

Property Details for 1229 S M Street

Association

Amenities

  • Community Features: Non Gated

Fees

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Resale
  • Roof: Tar Gravel
  • Stories: 1
  • Year Built: 1957
  • Year Built Details: Resale
  • Construction Materials: Block
  • Exterior Features: Room For Pool

Features

  • View: Other, Water

Measurements

  • Building Area Total: 1,318
  • Lot Features: Less Than Quarter Acre
  • Lot Size Area: 6,750
  • Lot Size Dimensions: 50
  • Lot Size Square Feet: 6,750
  • Lot Size Units: SquareFeet

Financial

Residential Income

  • Operating Expense: $18,083.00

Taxes

  • Parcel Number: 38434427010550160
  • Tax Annual Amount: $7,883.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Ceramic Tile

Measurements

  • Living Area: 1,246

Other

Location

  • Subdivision Name: LAKE WORTH TOWN OF ADD 1

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Other
  • Sewer: PublicSewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.