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7871 Terrace RoadLake Worth, FL 33462

For Sale

$399,700

Smart Buyer Rebate - Ask

This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long term development potential constructed of durable cbs the property features a newer roof installed in 2024 and is zoned multi family medium density allowing for up to five units what appears to be a vacant lot next door is actually part of the property offering additional land for future expansion or redevelopment one unit has been moderately renovated with updates that include laminate flooring and appliances the second unit has been fully renovated and professionally staged it features updated kitchen cabinetry with a snack bar and is currently operating as a successful short term rental creating an attractive opportunity for diversified income streams the

Listed by Noreen Payne

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License #3342729

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Lang Realty/Delray Beach

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(703) 999-4214

Listed by Amy Stark Snook

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License #3041690

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Lang Realty/Delray Beach

Last updated December 19, 2025

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Source: BeachesMLS #RX-11148464

Listing Facts

  • TypeMulti-family
  • NeighborhoodSand Castle
  • Days on Prevu44
  • Taxes$8,337/year
  • Size944 sqft
  • Price per sqft$423

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

12/18/2025
Listed by Lang Realty/Delray Beach
$399,700

Property Details for 7871 Terrace Road

Association

Amenities

  • Community Features: Non Gated

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Resale
  • Roof: Built Up
  • Stories: 1
  • Window Features: Blinds
  • Year Built: 1955
  • Year Built Details: Resale
  • Construction Materials: Block
  • Exterior Features: Room For Pool

Features

  • View: Garden

Measurements

  • Building Area Total: 944
  • Lot Features: Less Than Quarter Acre
  • Lot Size Area: 10,000
  • Lot Size Dimensions: 14
  • Lot Size Square Feet: 10,000
  • Lot Size Units: SquareFeet

Financial

Residential Income

  • Operating Expense: $16,123.00

Taxes

  • Parcel Number: 00434510070000870
  • Tax Annual Amount: $8,337.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Laminate

Measurements

  • Living Area: 944

Other

Location

  • Subdivision Name: TROPICAL TERRACE

Schools

Elementary School

  • Elementary School: Rolling Green

High School

  • High School: Boynton Beach

Middle or Junior School

  • Middle Or Junior School: Congress

Utilities

Equipment

  • Cooling: Wall Window Units
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 7871 Terrace Road.

What schools are nearby to 7871 Terrace Road?

Nearby schools include the Rolling Green Elementary School, Congress Middle School, and Boynton Beach High School.

What are the annual taxes for 7871 Terrace Road?

Annual taxes for this multi-family home are estimated at $8,337.

How does 7871 Terrace Road compare to other multi-family homes in Sand Castle?

This multi-family home is listed 54% below the average price for multi-family homes in Sand Castle and has been on the market for 50 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the TROPICAL TERRACE building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 944 sqft.

7871 Terrace Road is a -bedroom multi-family home for sale in Lake Worth FL 33462. Listed on Prevu for 44 days at $399,700. This home features 944 square feet of living space, located in Sand Castle. The median listing price for multi-family homes in this area is $349,000. Nearby schools include Rolling Green Elementary School, Congress Middle School, and Boynton Beach High School. Additional amenities include pets allowed. View other multi-family home listings in Palm Beach County.

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.