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31 S Lakeside Drive, Lake Worth Beach, FL 33460 (MLS# R10413440)

31 S Lakeside Drive, Lake Worth Beach, FL 33460

$645,000
Property Type: Residential Income Square Footage: 4,047 Status: Closed
Current Price: $645,000 List Date: 3/12/2018 Last Modified: 5/17/2026

Overview

Description

Amazing location and possibilities. 5 Units Plus Garage, office and utility area!! Live in one unit, rent the other 4 or have your own Melrose Place with annual rentals or really boost the bottom line with vacation/short term rental units! Pride of ownership really shows with this property. New roof, CBS, garage with coin operated washer/dryer, beautiful courtyard, fresh paint and landscaping. A-1 location with the boat ramp and park half a block away. This property needs to be on your ''Must See'' list. Some notice is needed to show. Rental rates shown are potential annual rates. Fully furnished vacation rental figures are significantly much higher. Owner financing really makes this property extra appealing!

Listing Details MLS# R10413440

General Property Information

Number Of Units Total
5
Property Sub Type
Quadruplex
Building Area Main
4047
Building Area Source
Owner
Living Area Main
3200
Year Built
1960
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Other Electric: Three Phase Flooring: Other Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Window/Wall Listing Terms: Owner Will Carry; Other Possession: Negotiable Restrictions: Buyer Approval Required Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Text Listing Agent; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Contingencies: Other Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
725000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
31
Street Direction Prefix
S
Street Name
Lakeside
Street Suffix
Drive
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF
Area
5600
Geographic Area
PB16
Parcel Number
38434421150310160
Zoning
MF-30
Directions
E of Federal at corner of 1st Ave S and S Lakeside

Financial Information

Tax Annual Amount
9490
Tax Year
2017
Tax Legal Description
TOWN OF LAKE WORTH LT 16 BLK 31

Status Change Information

Major Change Timestamp
2018-05-28T12:04:05Z
Major Change Type
Status Change
Status Change Date
2018-05-28
Under Contract Date
2018-04-18
Close Date
2018-05-17
Close Price
645000
Buyer Financing
Seller Financing

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
15190
Gross Income
56400
Net Operating Income
41210

Unit 1 Details

Actual Rent
1400
Baths Full
Yes
Furnished
Unfurnished
SqFt
900

Unit 2 Details

Actual Rent
1200
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Unit 3 Details

Actual Rent
1100
Baths Full
Yes
SqFt
600

Unit 4 Details

Actual Rent
1100
Baths Full
Yes
SqFt
600

Price Calculations

Current Price To SqFt
201.56
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20180302175252063746000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Other
Yes

Property Condition

Resale
Yes

Documents Available

Other
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Owner Will Carry
Yes
Other
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Listing Agent Must Accompany
Yes
Text Listing Agent
Yes
See Remarks
Yes

Restrictions

Buyer Approval Required
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Open
Yes

Contingencies

Other
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: LoKation
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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