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721 N Dixie Highway, Lake Worth Beach, FL 33460 (MLS# R10867982)

721 N Dixie Highway, Lake Worth Beach, FL 33460

$500,000
Property Type: Residential Income Square Footage: 2,279 Status: Closed
Current Price: $500,000 List Date: 3/10/2023 Last Modified: 5/17/2026

Overview

Description

$50,000 PRICE REDUCTION!!! Buy a Triplex multi-family building. Three separate meters for each of the 2 bedroom/1 bathroom apartments. Great for AirBnB. Spiral Staircase up to Roof Deck. Huge Parking Lot!!! Separate Laundry Room. Close to Lake Worth Beach Downtown, Restaurants, Shopping, Beach and a new Publix Supermarket.

Listing Details MLS# R10867982

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
Gated Community YN
No
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: Insurance; Maintenance Grounds; Pest Control; Trash Documents Available: Copy Of Lease(s); Deposit - Security Exterior Features: Awning(s); Custom Lighting Fencing: Fenced Flooring: Other Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Other Construction Materials: CBS; Frame; Stucco Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Heating: Central Listing Terms: Cash Possession: Close Of Escrow Roof: Aluminum; Composition Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; Lake Worth Drain District Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; See Remarks Occupant Details: Tenant Occupied Outdoor Living Spaces: Deck Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking; Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking; Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking; Parking Space Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
650000

Location and Legal

Country
United States
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
MU-DH(
Directions
East on 10th Ave N to Dixie Hwy. South 3 blocks. Building is on the west side of Dixie.

Financial Information

Tax Annual Amount
7572.59
Tax Year
2022
Tax Legal Description
TOWN OF LAKE WORTH LT 11 (LESS E 5 FT RD R/W) BLK 212

Status Change Information

Major Change Timestamp
2023-08-22T21:10:56Z
Major Change Type
Status Change
Price Change Timestamp
2023-05-11T17:53:36Z
Status Change Date
2023-08-22
Under Contract Date
2023-07-23
Close Date
2023-08-22
Close Price
500000
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

Annual Total Expense
Yes
Gross Income
52800
Net Operating Income
Yes

Storm Protection

Impact Glass
Partial

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Actual Rent
1200
Baths Full
Yes
Furnished
Unfurnished
SqFt
790

Unit 1 Lease Description

Lease Expiration
2023-05-31

Unit 2 Details

Actual Rent
1600
Baths Full
Yes
Furnished
Unfurnished
SqFt
815

Unit 2 Lease Description

Lease Expiration
2023-08-31

Unit 3 Details

Actual Rent
1600
Baths Full
Yes
Furnished
Unfurnished
SqFt
695

Unit 3 Lease Description

Lease Expiration
2023-08-31

Price Calculations

Current Price To SqFt
226.65
Original List Price To Close Price
1.3

Originating Details

Originating System Key
20230221200910438901000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Association Fee Includes

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

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes

Roof

Aluminum
Yes
Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
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

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes
Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Home Max Realty International
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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