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216 So. L Street, Lake Worth Beach, FL 33460 (MLS# R11007622)

216 So. L Street, Lake Worth Beach, FL 33460

$518,000

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https://www.propertypanorama.com/216-South-L-Street-Lake-Worth-Beach-FL-33460/unbranded

Property Type: Residential Income Square Footage: 1,658 Status: Closed

Current Price: $518,000 List Date: 3/03/2025 Last Modified: 5/16/2026

Overview

Description

Income property in Prime Location! Nestled in the heart of trendy downtown LWB & just minutes to the beach! This Downtown Jewel is the place! Enjoy the beach, our eclectic art scene, restaurants, bars, shops, Golf Club, boating, the intracoastal, parks & more!!! Zoned MF-20. Currently used as an income property. Detached garage may be converted to DU. Recently painted & updated. Roof 2020, A/C 2021, H2O 2017. 2 Separate entrances each w/ private outdoor space & 2 parking spaces. Sold Turnkey w/ stylish furnishings, updated kitchen in the main house, volume ceilings, den, & office. Attached apartment off the back w/ private entrance, private patio, & parking space. Live the Life you've been Dreaming about in this Downtown Jewel!

Supplements: * Zoned for multi-family use (MF-20), the lot allows for up to three residential units! PREVIOUS RENTAL RATES * Front House was receiving $3,500 per month on an annual lease for the past 2.5 years. * Apartment was receiving $2,200 per month on an annual lease for the past 2.5 years. * Current rental rates vary and may not reflect the previous year ... (Read more)

Listing Details MLS# R11007622

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1658
Building Area Source: Public Records
Living Area Main: 1310
Year Built: 1925
Gated Community YN: No
Lot Size Area: 5066
Lot Size Acres: 0.12
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No
Builder Model: Key West

Property Features

Association Amenities: Boating; Golf Course; Jogging Path; Park; Playground; Sidewalks; Street Lights Documents Available: None Electric: Three Phase Fencing: Fenced Flooring: Clay; Tile Property Condition: Resale Structure Type: House Tenant Pays: Cable TV; Electricity; Gas; Insurance; Repairs; Sewer; Water Source Of Expenses: Information Limited Construction Materials: Aluminum Siding; Concrete; Metal Siding Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash; Conventional; Cryptocurrency; FHA Lot Features: Room for Pool; Sidewalks Other Structures: Barn(s) Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: West of US-1 Roof: Built-Up; Composition; Wood Truss/Rafter Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: Fixed Bridge Water Source: Public Window Features: Blinds; Double Hung Wood; Jalousie; Storm Window(s) Showing Requirements: Combination Lock Box; Schedule Online; See Remarks Outdoor Living Spaces: Deck; Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 1 Interior Features: Cathedral/Vaulted Ceiling(s); Pantry Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Microwave; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen; Laundry Room Contingencies: Appraisal; Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 555000
Owner Phone: 954-839-4115
Negotiable Seller Concessions YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 216
Street Name: So. L
Street Suffix: Street
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Geographic Area: PB16
Parcel Number: 38434421150910090
Zoning: MF-20
Directions: 2 Blocks South of Downtown LWB. Located in the Downtown Jewel neighborhood.

Financial Information

Tax Annual Amount: 8656.06
Tax Year: 2023
Tax Legal Description: TOWN OF LAKE WORTH LT 9 & S 1/2 OF LT 10 BLK 91

Status Change Information

Major Change Timestamp: 2025-04-13T18:41:56Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-03T18:12:04Z
Status Change Date: 2025-04-13
Under Contract Date: 2025-03-21
Close Date: 2025-04-07
Close Price: 518000
Buyer Financing: Conventional

More Information

Meter Information

Separate Electric Meters YN: No
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 13000
Gross Income: 64800
Net Operating Income: 51800

Storm Protection

Impact Glass: Partial
Other Protection: Complete
Panel Shutters: Partial

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 3200
Baths Full: Yes
Furnished: Furnished
SqFt: 1182

Unit 1 Lease Description

Lease Expiration: 2024-06-01

Unit 1 Parking Details

Garage YN: Yes
Attached Garage YN: No

Unit 2 Details

Actual Rent: 2200
Baths Full: Yes
Furnished: Furnished
SqFt: 128

Unit 2 Lease Description

Lease Expiration: 2024-05-15

Price Calculations

Current Price To SqFt: 395.41
Original List Price To Close Price: 1.07

Originating Details

Originating System Key: 20240727030440326216000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Boating: Yes
Golf Course: Yes
Jogging Path: Yes
Park: Yes
Playground: Yes
Sidewalks: Yes
Street Lights: Yes

Electric

Three Phase: Yes

Flooring

Clay: Yes
Tile: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

None: Yes

Fencing

Fenced: Yes

Structure Type

House: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
Insurance: Yes
Repairs: Yes
Sewer: Yes
Water: Yes

Other Structures

Barn(s): Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Water Access

Fixed Bridge: Yes

Window Features

Blinds: Yes
Double Hung Wood: Yes
Jalousie: Yes
Storm Window(s): Yes

Construction Materials

Aluminum Siding: Yes
Concrete: Yes
Metal Siding: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Cryptocurrency: Yes
FHA: Yes

Lot Features

Room for Pool: Yes
Sidewalks: Yes

Road Frontage Type

West of US-1: Yes

Roof

Built-Up: Yes
Composition: Yes
Wood Truss/Rafter: Yes

Water Source

Public: Yes

Source Of Expenses

Information Limited: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Combination Lock Box: Yes
Schedule Online: Yes
See Remarks: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Deck: Yes
Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

Appraisal: Yes
Financing: Yes

Unit 1 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Interior Features

Cathedral/Vaulted Ceiling(s): Yes
Pantry: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Microwave: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Documents

LEAD PAINT ADDENDUM ›

PERSONAL INTEREST ADDENDUM ›

216 IMPROVEMENTS ›

LWB CODE OF ORDINANCES ›

PAPA SKETCH ›

SURVEY 2022 ›

216 FUTURE LAND USE ›

RENTAL ROI SEPT 2024 ›

216 S L ST PERMIT HISTORY ›

Listing Office: RJM Real Estate Corp.

Last Updated: May - 16 - 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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216 So. L Street, Lake Worth Beach, FL 33460 (MLS# R11007622)