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214 S M, Lake Worth Beach, 33460 (MLS# R2233969)

214 S M, Lake Worth Beach, 33460

$137,500
Property Type: Residential Income Square Footage: 2,707 Status: Closed
Current Price: $137,500 List Date: 7/10/2002 Last Modified: 5/17/2026

Overview

Description

GREAT KEY WEST SYLE INCOME PROPERTY. 3 BUILDINGS WITH FIVE UNITS. COIN OP ERATED LAUNDRY FACILITY FOR EXTRA INCOME, GOOD TENANTS. ALL FRAME CONSTRU CTION IN GREAT CONDITION FOR AGE. NO ACTIVE LEAKS. FIFTH UNIT IS EFFICIENCY ABOVE THE GARAGE. SHARES ELECTRIC METER WITH COIN LAUNDRY BELOW-OWNER PAYS ELECTRIC. ALL GAS WATER HTRS NEW BESIDES 1. EACH UNIT HAS A SEPERATE GAS AND ELECTRIC METER. GAS STOVES IN THE FRONT 4. UNITS HAVE ALL BEEN UPDATED BY 20 YEAR OWNERS. GREAT TENENANTS. RIGHT NEAR DOWN TOWN LAKE WORTH AND NEAR PARKS AND BEACH. THIS IS A TREMENDOUS VALUE AND OPPORTUNITY FOR REAL INCOME. 35,000 A UNIT.

Listing Details MLS# R2233969

General Property Information

Number Of Units Total
5
Building Area Main
2707
Living Area Main
2539
Year Built
1926
Senior Community YN
No
Stories
Yes
Pool Private YN
No
Lot Size Dimensions
No

Property Features

Association Amenities: Sidewalks Documents Available: Copy Of Lease(s); Deposit - Security; Deposit Held Fencing: Fenced Flooring: Carpet; Vinyl Tenant Pays: Electricity; Gas Source Of Expenses: Other Construction Materials: Frame; Stucco Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: Lease OK Roof: Aluminum; Composition Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Office; Listing Agent Must Accompany Unit 1 Appliances: Disposal; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Interior Features: Pantry Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
175000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
214
Street Direction Prefix
S
Street Name
M
City Name
Lake Worth Beach
Postal Code
33460
Postal Zip
33460
Subdivision Name
TOWN OF LAKE WORTH
Area
5610
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421150930050001
Zoning
RES
Directions
6TH AVE TO US1 NORTH TO SE 3RD WEST TO M- NORTH TO PROPERTY

Financial Information

Tax Annual Amount
1622
Tax Year
2001
Tax Legal Description
TOWN OF LAKE WORTH LT 5 BLK 93

Status Change Information

Major Change Timestamp
2002-07-10T05:00:01Z
Major Change Type
New Listing
Status Change Date
2002-09-19
Under Contract Date
2002-09-03
Close Date
2002-09-16
Close Price
137500
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
4500
Gross Income
25080
Net Operating Income
20580

Pool Size Details

Pool Size (WxL)
0 X 0

Unit 1 Details

Actual Rent
450
Baths Full
Yes
Furnished
Unfurnished

Unit 2 Details

Actual Rent
450
Baths Full
Yes
Furnished
Unfurnished

Unit 3 Details

Baths Full
Yes
Furnished
Unfurnished
Actual Rent
0

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
Actual Rent
0

Price Calculations

Current Price To SqFt
54.15
Original List Price To Close Price
1.27

Originating Details

Originating System Key
20130214035449368109000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Sidewalks
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes
Deposit Held
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Aluminum
Yes
Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes

Restrictions

Lease OK
Yes

Tax Information

City/County
Yes

Unit 1 Appliances

Disposal
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Interior Features

Pantry
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 3 Rooms

Kitchen
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes

Unit 4 Parking Features

Open Parking
Yes

Unit 4 Rooms

Kitchen
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Tauriello & Company R.E.
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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