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721 N Dixie Highway, Lake Worth Beach, FL 33460 (MLS# R10520816)

721 N Dixie Highway, Lake Worth Beach, FL 33460

$310,000

Property Type: Residential Income Square Footage: 2,279 Status: Closed

Current Price: $310,000 List Date: 4/10/2019 Last Modified: 5/17/2026

Overview

Description

Great income producing Triplex in the CRA. Three separate meters for each of the 2 bedroom/1 bathroom apartments. Great size units. Building is CBS Construction. Spiral Staircase up to Roof Deck. Insurance (with Wind) is very reasonable. Property is always in High Demand. Huge Rental demand area, units never empty. Currently leased with under market value rents. Leases have assorted end dates. Tenants are wonderful and happy. Huge Parking Lot!! Central AC in Units!!!

Listing Details MLS# R10520816

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2279
Building Area Source: Public Records
Living Area Main: 2206
Year Built: 1950
Lot Size Area: 6500
Lot Size Acres: 0.15
Lot Size Dimensions: 50.0 ft x 130.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: None Association Fee Includes: Common Real Estate Tax; Insurance; Maintenance Grounds; Pest Control; Trash Documents Available: Accounting Statements Exterior Features: Awning(s); Custom Lighting Fencing: Fenced Flooring: Other Property Condition: Resale Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Other Construction Materials: Block; CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Conventional Possession: Negotiable Roof: Aluminum; Composition; Metal Sewer: Public Sewer Tax Information: City/County; Lake Worth Drain District Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Blinds; Drapes Showing Requirements: Appointment Only; Occupied; See Remarks Occupant Details: Tenant Occupied Outdoor Living Spaces: Deck Unit 1 Appliances: Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Family Room; Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 3 Rooms: Family Room; Kitchen Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 339000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 721
Street Direction Prefix: N
Street Name: Dixie
Street Suffix: Highway
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5620
Geographic Area: PB16
Parcel Number: 38434421152120110
Zoning: HIC-1(
Directions: East on 10th Ave N to Dixie Hwy. South 3 blocks. Building is on the west side of Dixie. Two story w grey stucco and barrel tile (style) roof.

Financial Information

Tax Annual Amount: 5554.03
Tax Year: 2018
Tax Legal Description: TOWN OF LAKE WORTH LT 11 (LESS E 5 FT RD R/W) BLK 212

Status Change Information

Major Change Timestamp: 2019-05-18T13:50:11Z
Major Change Type: Status Change
Status Change Date: 2019-05-18
Under Contract Date: 2019-05-05
Close Date: 2019-05-17
Close Price: 310000
Buyer Financing: Cash

More Information

Meter Information

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

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Income: 37440
Annual Total Expense: 0

Unit 1 Details

Actual Rent: 1000
Baths Full: Yes
Furnished: Unfurnished
SqFt: 790

Unit 2 Details

Actual Rent: 1050
Baths Full: Yes
Furnished: Unfurnished
SqFt: 815

Unit 3 Details

Actual Rent: 1100
Baths Full: Yes
Furnished: Unfurnished
SqFt: 695

Price Calculations

Current Price To SqFt: 140.52
Original List Price To Close Price: 1.09

Originating Details

Originating System Key: 20190410204159028413000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Association Fee Includes

Common Real Estate Tax: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Trash: Yes

Exterior Features

Awning(s): Yes
Custom Lighting: Yes

Flooring

Other: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes

Fencing

Fenced: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Window Features

Blinds: Yes
Drapes: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Conventional: Yes

Roof

Aluminum: Yes
Composition: Yes
Metal: Yes

Water Source

Public: Yes

Source Of Expenses

Other: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Appointment Only: Yes
Occupied: Yes
See Remarks: Yes

Tax Information

City/County: Yes
Lake Worth Drain District: Yes

Occupant Details

Tenant Occupied: Yes

Outdoor Living Spaces

Deck: Yes

Contingencies

None: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

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

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Smoke Detector(s): Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Family Room: Yes
Kitchen: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

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

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Family Room: Yes
Kitchen: Yes

Unit 4 Details

Actual Rent: 0
SqFt: 0

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Lamar Properties Inc

Last Updated: May - 17 - 2026

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721 N Dixie Highway, Lake Worth Beach, FL 33460 (MLS# R10520816)