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32 S L Street, Lake Worth Beach, FL 33460 (MLS# R10272989)

32 S L Street, Lake Worth Beach, FL 33460

$291,589

Property Type: Residential Income Square Footage: 1,696 Status: Closed

Current Price: $291,589 List Date: 10/06/2016 Last Modified: 5/26/2026

Overview

Description

Amazing Quadruplex opportunity just a block from beautiful downtown Lake Worth! There is strong rental demand in this prime location, making these 1BR units easy to rent. Pick up a coffee at the Starbucks around the corner and stroll through downtown, or walk to the intracoastal or the Publix grocery. Just a half mile walk to the beach! The apartments are well situated on a corner lot. Fully rented with excellent rent roll. Don't miss out on this ideal combination of location and income opportunity.

Listing Details MLS# R10272989

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1696
Building Area Source: Public Records
Living Area Main: 1606
Year Built: 1935
Lot Size Area: 3375
Lot Size Acres: 0.08
Lot Size Dimensions: 25.0 ft x 135.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Security; Investment Analysis Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: Frame Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional; FHA; Owner Will Carry Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Porch Porch Details: Porch - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Unit 4 Rooms: Kitchen Contingencies: Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 320000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 32
Street Direction Prefix: S
Street Name: 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: 38434421150230010
Zoning: PO/MF-
Directions: FEDERAL TO 1 ST WEST TO PROPERTY

Financial Information

Tax Annual Amount: 4197.22
Tax Year: 2015
Tax Legal Description: TOWN OF LAKE WORTH LT 1 BLK 23

Status Change Information

Major Change Timestamp: 2017-01-18T14:45:37Z
Major Change Type: Status Change
Status Change Date: 2017-01-18
Under Contract Date: 2016-11-04
Close Date: 2017-01-18
Close Price: 291589
Buyer Financing: Other

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: 12904
Gross Income: 33840
Net Operating Income: 21896

Unit 1 Details

Actual Rent: 700
Baths Full: Yes
Furnished: Unfurnished
SqFt: 375

Unit 2 Details

Actual Rent: 895
Baths Full: Yes
Furnished: Unfurnished
SqFt: 480

Unit 3 Details

Actual Rent: 595
Baths Full: Yes
Furnished: Unfurnished
SqFt: 350

Unit 4 Details

Actual Rent: 700
Baths Full: Yes
Furnished: Unfurnished
SqFt: 400

Price Calculations

Current Price To SqFt: 181.56
Original List Price To Close Price: 1.09

Originating Details

Originating System Key: 20161005152821038870000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes
Copy Of Lease(s): Yes
Deposit - Security: Yes
Investment Analysis: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Window/Wall: Yes

Water Access

None: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Owner Will Carry: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Porch: Yes

Porch Details

Porch - Open: Yes

Contingencies

Financing: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

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

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

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

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

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

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

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

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: PAX Properties LLC

Last Updated: May - 26 - 2026

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32 S L Street, Lake Worth Beach, FL 33460 (MLS# R10272989)