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509 N 6TH AVE./527 NORTH M Street 509, Lake Worth Beach, 33460 (MLS# R2243368)

509 N 6TH AVE./527 NORTH M Street 509, Lake Worth Beach, 33460

$325,000
Property Type: Residential Income Square Footage: 3,706 Status: Closed
Current Price: $325,000 List Date: 8/28/2002 Last Modified: 5/17/2026

Overview

Description

UNUSUAL OPPORTUNITY. 4 UNITS JUST BLOCKS FROM DOWNTOWN, GOLF COURSE AND BEACHES. THE 2 BUILDINGS ARE LOCATED ON 3 LOTS W/FRUIT TREES. NEW ROOF ON 1 BUILDING. 5-YEAR WARRANTY. 2ND BUILDING TERMITE BOND BUILT IN 1943. ALL EXPENSES AND SIZES ARE APPROXIMATE.

Listing Details MLS# R2243368

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3706
Living Area Main
3648
Year Built
1926
Senior Community YN
No
Stories
2
Pool Private YN
No
LP/Assessed Value
3.4

Property Features

Association Amenities: Boating; Golf Course Documents Available: None Flooring: Carpet; Ceramic Tile; Wood Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Ceiling Fan(s); Electric; Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Lot Features: Corner Lot; Fruit Tree(s); Sidewalks Possession: Close Of Escrow Restrictions: Other Restrictions; Lease OK Roof: Built-Up; Composition Sewer: Public Sewer Special Information: Property Survey Available; Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County; Homestead Exemption Utilities: Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Jalousie Showing Requirements: 24 Hour Notice; Call Listing Office; Occupied Occupant Details: Owner Occupied Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Cathedral/Vaulted Ceiling(s); Split Bedroom Plan Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen; Separate Dining; Utility Room Unit 2 Appliances: Range; Refrigerator Unit 2 Interior Features: Cathedral/Vaulted Ceiling(s); Stack Bedroom Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen; Separate Dining Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
349000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
509
Street Direction Prefix
N
Street Name
6TH AVE./527 NORTH M
Street Suffix
Street
Unit Number
509
City Name
Lake Worth Beach
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN
Area
5600
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421151560170
Zoning
MULTI
Directions
I95 TO 10TH, EAST TO FEDERAL, SOUTH TO 5TH, RIGHT ON M TO 509.

Financial Information

Tax Annual Amount
3051
Tax Year
2001
Tax Assessed/SOH Value
102537
Tax Legal Description
TOWN OF LAKE WORTH LTS 17 TO 19 INC BLK LOT 5 BLK 7

Status Change Information

Major Change Timestamp
2002-08-28T05:00:01Z
Major Change Type
New Listing
Status Change Date
2002-11-12
Under Contract Date
2002-09-09
Close Date
2002-11-08
Close Price
325000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
No
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
10050
Gross Income
37000
Net Operating Income
26950

Pool Size Details

Pool Size (WxL)
0 X 0

Unit 1 Details

Actual Rent
1000
Baths Full
Yes
Furnished
Unfurnished
SqFt
1350

Unit 2 Details

Actual Rent
1000
Baths Full
Yes
Furnished
Unfurnished
SqFt
1250

Unit 3 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
500
Actual Rent
0

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
500
Actual Rent
0

Price Calculations

Current Price To SqFt
89.08
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20130214035908413512000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Boating
Yes
Golf Course
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Wood
Yes

Special Information

Property Survey Available
Yes
Sold As-Is
Yes

Documents Available

None
Yes

Tenant Pays

None
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

View

City
Yes

Heating

Window/Wall
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Window Features

Jalousie
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Fruit Tree(s)
Yes
Sidewalks
Yes

Roof

Built-Up
Yes
Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

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

Showing Requirements

24 Hour Notice
Yes
Call Listing Office
Yes
Occupied
Yes

Restrictions

Other Restrictions
Yes
Lease OK
Yes

Tax Information

City/County
Yes
Homestead Exemption
Yes

Occupant Details

Owner Occupied
Yes

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Interior Features

Cathedral/Vaulted Ceiling(s)
Yes
Split Bedroom Plan
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
Separate Dining
Yes
Utility Room
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Interior Features

Cathedral/Vaulted Ceiling(s)
Yes
Stack Bedroom
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
Separate Dining
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 4 Parking Features

Parking Space
Yes
Listing Office: Illustrated Properties LLC (Co
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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