Main Content

321 N K Street, Lake Worth Beach, FL 33460 (MLS# R3310672)

321 N K Street, Lake Worth Beach, FL 33460

$355,000
Property Type: Commercial Sale Square Footage: 3,840 Status: Closed
Current Price: $355,000 List Date: 9/17/2012 Last Modified: 5/21/2026

Overview

Description

10 unit income producing building located 3 blocks north of downtown Lake Worth and 8 blocks from intracoastal.

Listing Details MLS# R3310672

General Property Information

Building Area Main
3840
Year Built
1960
Stories
2

Property Features

Flooring: Ceramic Tile Heating: Window/Wall Location of Property: Beach Access; City Location; Golf Course Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Land Source Of Expenses: Books Tenant Pays: Cable TV; Electricity Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash Roof: Tar/Gravel Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent; Occupied Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
389900

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
321
Street Direction Prefix
N
Street Name
K
Street Suffix
Street
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Area
5600
Geographic Area
PB16
Parcel Number
38434421150880210
Zoning
Mf30
Directions
10th Ave east to Dixie south to 3rd Ave N east to K st then north
Property Description
10 unit building tha

Financial Information

Tax Annual Amount
9671
Tax Year
2011
Tax Legal Description
TOWN OF LAKE WORTH LTS 21 & 22 & N 12 FT OF LT 23 BLK 88

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2012-09-23T22:48:00Z
Major Change Type
Contingency
Status Change Date
2012-12-16
Under Contract Date
2012-12-10
Close Date
2012-12-14
Close Price
355000
Buyer Financing
Cash

Building and Property Details

# Of Tenants
10
# Of Toilets
10
% Air Conditioned
100
Maximum Ceiling Height
9

Distance To Information

Miles to Beach
Yes
Miles to Expressway
Yes

Meter Information

Number Of Meters Total
10

Income and Expenses

Gross Scheduled Income
72800
Insurance Expense
2200
Net Operating Income
48000
Operating Expense
22912
Other Income
1868
Professional Management Expense
7615

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
9
Full Baths
Yes
Annual Rent
7200

Description of Unit Type 2

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes
Furnished
Yes
Annual Rent
6000

Price Calculations

Current Price To SqFt
92.44
Original List Price To Close Price
1.09

Originating Details

Originating System Key
20130215223216295262000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Location of Property

Beach Access
Yes
City Location
Yes
Golf Course
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Window/Wall
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes

Roof

Tar/Gravel
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Books
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Contingencies

Inspection
Yes
Listing Office: Illustrated Properties LLC
IDX
Last Updated: May - 21 - 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.

Skip to content