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505 S J Street, Lake Worth Beach, FL 33460 (MLS# R10101871)

505 S J Street, Lake Worth Beach, FL 33460

$210,000
Property Type: Residential Income Square Footage: 2,390 Status: Closed
Current Price: $210,000 List Date: 4/12/2015 Last Modified: 5/17/2026

Overview

Description

Seller may be willing to hold mortgage. This is the best triplex deal in the area. This is pulling nice cash flows and can even get more than current rents. All tenants are month to month. This is a charming Lake Worth historical cottage. Live for free if you want to have the other two rentals pay your way. This is also a great investment opportunity. This has a key west relaxed feel. The front house is a 4 bedroom 2 bath. The duplex in the back has a mix of 1 bedroom 1 bath. Upstairs unit has exterior porch for dinning pleasure. The downstairs unit is a 1 bedroom 1 bath. Rent Rolls: Main House $950.00 Current $1,200.00 Market Duplex upstairs $700.00 Current $800.00 Market Duplex downstairs $600.00 Current $700.00 Market

Listing Details MLS# R10101871

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
2390
Building Area Source
Public Records
Living Area Main
2040
Year Built
1925
Lot Size Area
6750
Lot Size Acres
0.15
Lot Size Dimensions
50.0 ft x 135.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Flooring: Ceramic Tile Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: Frame Cooling: Wall/Window Unit(s) Heating: Electric Listing Terms: Cash Possession: Close Of Escrow Restrictions: Other Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
215000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
505
Street Direction Prefix
S
Street Name
J
Street Suffix
Street
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
Area
5610
Geographic Area
PB16
Parcel Number
38434421151730190
Zoning
RM20
Directions
Dixie to 4th avenue south, East on 4th. South on South J Street to property.

Financial Information

Tax Annual Amount
3860.82
Tax Year
2014
Tax Legal Description
TOWN OF LAKE WORTH LTS 19 & 20 BLK 173

Status Change Information

Major Change Timestamp
2015-06-01T17:07:01Z
Major Change Type
Status Change
Price Change Timestamp
2015-04-08T20:54:08Z
Status Change Date
2015-06-01
Under Contract Date
2015-05-01
Close Date
2015-05-29
Close Price
210000
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
3262
Gross Income
27000
Net Operating Income
20738

Unit 1 Details

Actual Rent
950
Baths Full
2
Furnished
Unfurnished
SqFt
1050

Unit 2 Details

Actual Rent
700
Baths Full
Yes
Furnished
Unfurnished
SqFt
525

Unit 3 Details

Actual Rent
600
Baths Full
Yes
Furnished
Unfurnished
SqFt
525

Price Calculations

Current Price To SqFt
102.94
Original List Price To Close Price
1.02

Originating Details

Originating System Key
20150111202229629522000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Ceramic Tile
Yes

Documents Available

None
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Electric
Yes

Water Access

None
Yes

Construction Materials

Frame
Yes

Listing Terms

Cash
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Patio/Porch

Patio/Porch
Yes

Unit 1 Rooms

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

Kitchen
Yes

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Re/Max Prestige Realty/LWB
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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