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516 N J Street N, Lake Worth Beach, FL 33460 (MLS# R11029350)

516 N J Street N, Lake Worth Beach, FL 33460

$495,000

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https://www.propertypanorama.com/516-N-J-Street-Lake-Worth-Beach-FL-33460--RX-11029350/unbranded

Property Type: Residential Income Square Footage: 1,236 Status: Closed

Current Price: $495,000 List Date: 10/17/2024 Last Modified: 6/01/2026

Overview

Description

Welcome to Lake Worth Beach! Just 5 blocks from the lively downtown and 1.5 miles from the beach, this stylish duplex is perfect for investors or homeowners. Each spacious 1-bed, 1-bath unit has been updated with modern touches—quartz countertops, sleek cabinetry, and fully renovated bathrooms. The property features updated electrical with separate meters, new HVAC, a tankless water heater, and a security system. Outside, enjoy a private, fenced courtyard with lush landscaping, a pergola, and a freshly rebuilt staircase. Partially furnished, freshly painted, and move-in ready, this property is an income generator or the perfect canvas for a stunning single-family home. Don't miss out on this amazing oppourtunity!

Listing Details MLS# R11029350

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1236
Building Area Source: Public Records
Living Area Main: 1236
Year Built: 1942
Gated Community YN: No
Lot Size Area: 3376
Lot Size Acres: 0.08
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: Sidewalks Documents Available: None Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile; Wood Leasing Permitted Details: Okay To Lease Property Condition: Resale Structure Type: Duplex Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: Stucco Cooling: Wall/Window Unit(s); Other Heating: Electric; Window/Wall; Other Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Room for Pool Possession: Negotiable Restrictions: No Restrictions; Lease OK Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Homestead Exemption Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Other Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Utility Room Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen; Utility Room Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 510000
Negotiable Seller Concessions YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 516
Street Direction Prefix: N
Street Name: J
Street Suffix: Street
Street Direction Suffix: N
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5600
Geographic Area: PB16
Special Assessment YN: No
Parcel Number: 38434421151520080
Zoning: SF-TF-
Directions: GET OFF 10 AVE N, GO EAST, PASS DIXIE, RIGHT ON J ST PROPERTY ON RIGHT ON 5TH BLOCK

Financial Information

Tax Annual Amount: 6781.34
Tax Year: 2023
Tax Legal Description: TOWN OF LAKE WORTH LT 8 BLK 152

Status Change Information

Major Change Timestamp: 2025-03-12T19:23:54Z
Major Change Type: Status Change
Price Change Timestamp: 2024-12-30T14:21:52Z
Status Change Date: 2025-03-12
Under Contract Date: 2025-02-03
Close Date: 2025-03-10
Close Price: 495000
Buyer Financing: Conventional

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 10000
Gross Income: 45600
Net Operating Income: 35600

Storm Protection

Panel Shutters: Complete

Unit 1 Details

Actual Rent: 1900
Baths Full: Yes
Furnished: Furnished
SqFt: 650

Unit 2 Details

Actual Rent: 1900
Baths Full: Yes
Furnished: Furnished
SqFt: 586

Price Calculations

Current Price To SqFt: 400.48
Original List Price To Close Price: 1.03

Originating Details

Originating System Key: 20240914161653923481000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Sidewalks: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

None: Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Tenant Pays

Electricity: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Other: Yes

Heating

Electric: Yes
Window/Wall: Yes
Other: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Construction Materials

Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Room for Pool: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Electric: Yes
Wall/Window Unit(s): Yes
Other: Yes

Showing Requirements

Appointment Only: Yes
Schedule Online: Yes

Restrictions

No Restrictions: Yes
Lease OK: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

None: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Walk-In Closet(s): Yes

Unit 1 Other Equipment

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

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Utility Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

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

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Utility Room: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Watson Realty Corp

Last Updated: June - 01 - 2026

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516 N J Street N, Lake Worth Beach, FL 33460 (MLS# R11029350)