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32 Lake Osborne Drive, Lake Worth, FL 33461 (MLS# R10210854)

32 Lake Osborne Drive, Lake Worth, FL 33461

$642,000
Property Type: Residential Income Square Footage: 3,956 Status: Closed
Current Price: $642,000 List Date: 2/24/2016 Last Modified: 5/20/2026

Overview

Description

Rare Opportunity to own a very well MAINTAINED income property with 9 units fully rented. #8 1bed/1bath, and #1 Eff/1bath. Remodeled, stabilized income with a 8% CAP rate. Great location, just across from John Prince Park and Lake Osborne with tons of amenities. What else can I say? It wont last long.

Listing Details MLS# R10210854

General Property Information

Number Of Units Total
9
Property Sub Type
Triplex
Building Area Main
3956
Building Area Source
Public Records
Living Area Main
3860
Year Built
1952
Lot Size Area
13989
Lot Size Acres
0.32
Lot Size Dimensions
113.0 ft x 0.0 ft
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Deposit Held Electric: Three Phase Fencing: Fenced Flooring: Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Books; Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional Other Structures: Greenhouse; Shed(s) Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Tax Information: No Homestead Utilities: Water Available Water Source: Well Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space Contingencies: Close of Other Property Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
749000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
32
Street Name
Lake Osborne
Street Suffix
Drive
City Name
Lake Worth
State Or Province
FL
Postal Code
33461
Postal Zip
33461
Subdivision Name
BUFFALO HEIGHTS
Area
5670
Geographic Area
PB17
Elementary School
Barton
Middle Or Junior School
Lake Worth
High School
Lake Worth
Special Assessment YN
No
Parcel Number
00434428010030100
Zoning
RH
Directions
From 95 North, exit and go left/west on 6th Ave, right/north on Wright Dr, left/east on Lake Osborne Dr.
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
7888.92
Tax Year
2015
Tax Legal Description
BUFFALO HEIGHTS, REVISED PLAT LTS 10 & 11 BLK 3

Status Change Information

Major Change Timestamp
2016-08-29T18:05:54Z
Major Change Type
Status Change
Price Change Timestamp
2016-03-30T19:01:21Z
Status Change Date
2016-08-29
Under Contract Date
2016-06-01
Close Date
2016-08-19
Close Price
642000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
18700
Gross Income
75000
Net Operating Income
56300

Unit 1 Details

Actual Rent
700
Baths Full
Yes
Furnished
Unfurnished
SqFt
450

Unit 2 Details

Actual Rent
700
Baths Full
Yes
Furnished
Unfurnished
SqFt
450

Unit 3 Details

Actual Rent
700
Baths Full
Yes
SqFt
450

Unit 4 Details

Actual Rent
700
Baths Full
Yes
Furnished
Unfurnished
SqFt
450

Price Calculations

Current Price To SqFt
166.32
Original List Price To Close Price
1.16

Originating Details

Originating System Key
20160224025937233491000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Tile
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Last Months Rent
Yes
Deposit - Security
Yes
Deposit Held
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Other Structures

Greenhouse
Yes
Shed(s)
Yes

Possession

Close Of Escrow
Yes

Utilities

Water Available
Yes

Heating

Other
Yes

Water View

Lake
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Water Source

Well
Yes

Waterfront Features

Lake Front
Yes

Source Of Expenses

Books
Yes
Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

No Homestead
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Close of Other Property
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Century 21 Stein Posner
IDX
Last Updated: May - 20 - 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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