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301 S M Street, Lake Worth Beach, FL 33460 (MLS# R10690835)

301 S M Street, Lake Worth Beach, FL 33460

$845,000

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https://www.propertypanorama.com/301-S-M-Street-Lake-Worth-Beach-FL-33460--RX-10690835/unbranded

Property Type: Commercial Sale Square Footage: 3,084 Status: Closed

Current Price: $845,000 List Date: 3/05/2021 Last Modified: 5/27/2026

Overview

Description

*One of a kind* 5 unit hallway entrance building plus a laundry/storage room located walking distance to Downtown Lake Worth Beach. This 2 story building sits on a large (75ft x 135ft) corner lot. Including four (4) spacious 2 bedroom 1 bathroom units along with one (1) 1 bedroom 1 bathroom unit. All but two units have been fully updated as well as central ac throughout the building. Freshly painted exterior with brand new awnings and 6 electric meters on the property. Security camera system. Perfect location for airbnb/annual rental or to expand on this huge fully fenced lot. Located only three short blocks to Downtown Lake Worth. You can walk or bike to restaurants, shops, intracoastal and beaches. Great proximity to airports, and interstate. Call Today!

Listing Details MLS# R10690835

General Property Information

Property Sub Type: Multi Family
Number Of Units Total: 5
Building Area Main: 3084
Building Area Source: Public Records
Year Built: 1925
Lot Size Area: 10018.8
Lot Size Acres: 0.23
Stories: 2

Property Features

Building Features: Fenced Area; Laundry Facilities; Lobby; Rear Access; Storage Ceiling: Drywall Documents Available: Aerial Photo(s) Electric: Separate Meters; Three Phase Flooring: Tile Heating: Central Location of Property: City Location Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Land Tenant Pays: Cable TV; Electricity; Gas Construction Materials: Concrete; Stucco Cooling: Central Air Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Landscaped Roof: Built-Up Security Features: Closed Circuit Camera(s); Fire Alarm; Lobby - Attended; Security Fence; Security Lights; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Natural Gas Available Water Source: Public Showing Requirements: Occupied; Text Listing Agent Contingencies: Financing

Contract Information

Comp Sale YN: No
Original List Price: 947000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 301
Street Direction Prefix: S
Street Name: M
Street Suffix: Street
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Area: 5610
Geographic Area: PB16
Parcel Number: 38434421151110170
Zoning: SFR-38
Directions: (S.W. corner of 3rd Ave. South/M Street)
Property Description: TOWN OF LAKE WORTH L

Financial Information

Tax Annual Amount: 11233
Tax Year: 2020
Tax Legal Description: TOWN OF LAKE WORTH LTS 17 THRU 19 BLK 111

Remarks and Miscellaneous

Public Historical Remarks: Miscellaneous: Y

More Information

Status Change Information

Major Change Timestamp: 2021-06-22T00:19:59Z
Major Change Type: Status Change
Price Change Timestamp: 2021-03-22T00:08:46Z
Status Change Date: 2021-06-21
Under Contract Date: 2021-03-29
Close Date: 2021-06-18
Close Price: 845000
Buyer Financing: Conventional

Building and Property Details

# Of Tenants: 5
# Of Toilets: 5
% Air Conditioned: 100
Maximum Ceiling Height: 10

Distance To Information

Miles to Beach: Yes
Miles to Expressway: 2

Meter Information

Number Of Meters Total: 6

Income and Expenses

Gross Scheduled Income: 90000
Real Estate Taxes: 11233

Description of Unit Type 1

Unit Type: 2 Bedroom
Full Baths: Yes
Annual Rent: 20400

Description of Unit Type 2

Unit Type: 2 Bedroom
Full Baths: Yes
Annual Rent: 19200

Description of Unit Type 3

Unit Type: 2 Bedroom
Full Baths: Yes
Annual Rent: 18000

Description of Unit Type 4

Unit Type: 2 Bedroom
Full Baths: Yes
Annual Rent: 18000

Description of Unit Type 5

Unit Type: 1 Bedroom
Full Baths: Yes
Annual Rent: 13740

Price Calculations

Current Price To SqFt: 273.99
Original List Price To Close Price: 1.12

Originating Details

Originating System Key: 20210208170258782997000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Separate Meters: Yes
Three Phase: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Aerial Photo(s): Yes
Photos: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes

Location of Property

City Location: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Natural Gas Available: Yes

Building Features

Fenced Area: Yes
Laundry Facilities: Yes
Lobby: Yes
Rear Access: Yes
Storage: Yes

Ceiling

Drywall: Yes

Heating

Central: Yes

Sale Includes

Building: Yes
Fixtures: Yes
Land: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Landscaped: Yes

Roof

Built-Up: Yes

Security Features

Closed Circuit Camera(s): Yes
Fire Alarm: Yes
Lobby - Attended: Yes
Security Fence: Yes
Security Lights: Yes
Security System Owned: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Occupied: Yes
Text Listing Agent: Yes

Contingencies

Financing: Yes

Listing Office: Keller Williams Realty/P B

Last Updated: May - 27 - 2026

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301 S M Street, Lake Worth Beach, FL 33460 (MLS# R10690835)