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431 S M Street 1-5, Lake Worth Beach, FL 33460 (MLS# R10100094)

431 S M Street 1-5, Lake Worth Beach, FL 33460

$425,000
Property Type: Residential Income Square Footage: 4,564 Status: Closed
Current Price: $425,000 List Date: 1/06/2015 Last Modified: 5/17/2026

Overview

Description

Seperate elect and gas meters, receiving great rents 4-2 bedroom units and 1 -1 bedroom apartments (includes laundry room) just blocks from all the activities of Downtown Lake Worth #1 Big 1/1 includes Living and Florida Rooms, beautiful wood flooring and outside covered porch Take a long soak in the claw-foot tub. Gas range and includes water (Washer & Dryer on property) #2 big 2/1 includes Living, Dining and Florida Rooms, beautiful wood flooring and outside deck Take a long soak in the claw-foot tub. Gas range and includes water #3 big 2/1 #4 Hugh 2/ 1-1/2 bath includes Living and Florida Rooms, beautiful wood flooring, features Gas range and includes water #5 big 2/1 great features and views

Listing Details MLS# R10100094

General Property Information

Number Of Units Total
5
Property Sub Type
Quadruplex
Building Area Main
4564
Building Area Source
Public Records
Living Area Main
4074
Year Built
1925
Lot Size Area
10125
Lot Size Acres
0.23
Lot Size Dimensions
50.0 ft x 0.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
3
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Electric: Three Phase Exterior Features: Outdoor Shower Fencing: Fenced Flooring: Carpet; Laminate; Tile; Wood Tenant Pays: Electricity; Gas Source Of Expenses: Other Construction Materials: Frame Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Lot Features: Irregular Lot; Room for Pool Possession: Close Of Escrow Restrictions: Lease OK Other Leasing Restrictions: Tenant Approval Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Open Patio Details: Patio - Covered Porch Details: Porch - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Gas Tank Leased Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 2 Rooms: Family Room; Foyer; Kitchen; Separate Dining Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
449500

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
431
Street Direction Prefix
S
Street Name
M
Street Suffix
Street
Unit Number
1-5
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF IN PB 2 PGS 29 TO 40 INC
Development Name
Downtown Jewel NA
Area
5610
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421151570291
Zoning
RM20
Directions
NW corner of South M and 5th Ave S

Financial Information

Tax Annual Amount
5329.04
Tax Year
2014
Tax Legal Description
TOWN OF LAKE WORTH W 1/2 OF LTS 29 & 30 & LTS 31 & 32 BLK 157

Status Change Information

Major Change Timestamp
2015-02-11T02:36:03Z
Major Change Type
Status Change
Status Change Date
2015-02-10
Under Contract Date
2015-01-26
Close Date
2015-02-10
Close Price
425000
Buyer Financing
Cash

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
4200
Gross Income
58200
Net Operating Income
54000

Unit 1 Details

Actual Rent
800
Baths Full
Yes
Furnished
Unfurnished
SqFt
750

Unit 2 Details

Actual Rent
1100
Baths Full
Yes
Furnished
Unfurnished
SqFt
1000

Unit 3 Details

Actual Rent
900
Baths Full
Yes
SqFt
1000

Unit 4 Details

Actual Rent
1050
Baths Full
Yes
Baths Half
Yes
SqFt
1200

Price Calculations

Current Price To SqFt
104.32
Original List Price To Close Price
1.05

Originating Details

Originating System Key
20150106214017126842000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Exterior Features

Outdoor Shower
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes
Wood
Yes

Documents Available

Copy Of Lease(s)
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas 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

Lot Features

Irregular Lot
Yes
Room for Pool
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Ceiling Fan(s)
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes

Restrictions

Lease OK
Yes

Other Leasing Restrictions

Tenant Approval
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes
Porch
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Covered
Yes

Porch Details

Porch - Open
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Gas Tank Leased
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Patio/Porch

Patio/Porch
Yes

Unit 1 Rooms

Family Room
Yes
Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 2 Rooms

Family Room
Yes
Foyer
Yes
Kitchen
Yes
Separate Dining
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Coastline Realty, Inc.
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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