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621 S M Street 1, Lake Worth Beach, FL 33460 (MLS# R10494293)

621 S M Street 1, Lake Worth Beach, FL 33460

$286,500
Property Type: Residential Income Square Footage: 2,773 Status: Closed
Current Price: $286,500 List Date: 3/18/2019 Last Modified: 5/17/2026

Overview

Description

Newly priced Triplex in up and coming East Lake Worth. Huge upside potential for this remodeled upstairs/downstairs duplex with a separate garage apartment over a two car garage. Long term tenants can stay. Recent improvements include hurricane impact windows, painting inside and out, flooring in the downstairs unit and the garage apartment. Blocks from the intracoastal waterway and close to the artsy downtown Lake Worth, restaurants, parks and beach. Could easily be short-term vacation rental suites to maximize income. Great for contractors or someone needing large storage garage/shop. Plenty of parking, nice well established neighbors. Convenient to highways schools and shops.

Listing Details MLS# R10494293

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
2773
Building Area Source
Public Records
Living Area Main
2317
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
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Electric: Three Phase Fencing: Fenced Flooring: Laminate Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: Frame; Hollow Tile; Stucco Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Negotiable Restrictions: No Restrictions Roof: Tar/Gravel Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: No Homestead Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Storm Window(s) Showing Requirements: Appointment Only; Occupied; Schedule Online Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Contingencies: Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
319000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
621
Street Direction Prefix
S
Street Name
M
Street Suffix
Street
Unit Number
Yes
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF
Area
5610
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421152130160
Zoning
SF-7(c
Directions
I-95 to 6th Avenue, East to US 1, south to 8th Ave. East to M Street then north.

Financial Information

Tax Annual Amount
5249.78
Tax Year
2017
Tax Legal Description
TOWN OF LAKE WORTH LT 16 BLK 213

Status Change Information

Major Change Timestamp
2019-04-15T02:00:41Z
Major Change Type
Status Change
Price Change Timestamp
2019-02-04T17:17:34Z
Status Change Date
2019-04-14
Under Contract Date
2019-03-23
Close Date
2019-04-05
Close Price
286500
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
8677
Gross Income
36000
Net Operating Income
27323

Storm Protection

Impact Glass
Partial

Unit 1 Details

Actual Rent
1000
Baths Full
Yes
Furnished
Unfurnished
SqFt
989

Unit 2 Details

Actual Rent
1100
Baths Full
Yes
Furnished
Unfurnished
SqFt
968

Unit 3 Details

Actual Rent
900
Baths Full
Yes
SqFt
360

Unit 3 Parking Details

Garage YN
Yes
Attached Garage YN
Yes

Unit 4 Details

SqFt
360
Actual Rent
0

Price Calculations

Current Price To SqFt
123.65
Original List Price To Close Price
1.11

Originating Details

Originating System Key
20190110203252898407000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Laminate
Yes

Property Condition

Resale
Yes

Documents Available

None
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Window/Wall
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Window Features

Storm Window(s)
Yes

Construction Materials

Frame
Yes
Hollow Tile
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Tar/Gravel
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Occupied
Yes
Schedule Online
Yes

Restrictions

No Restrictions
Yes

Tax Information

No Homestead
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Financing
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Patio/Porch

Patio/Porch
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Patio/Porch

Patio/Porch
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Regency Realty Services
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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