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9 Detroit Street, Lake Worth, FL 33461 (MLS# R10819035)

9 Detroit Street, Lake Worth, FL 33461

$515,555

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https://www.propertypanorama.com/9-Detroit-Street-Lake-Worth-FL-33461/unbranded

Property Type: Residential Income Square Footage: 3,220 Status: Closed

Current Price: $515,555 List Date: 9/10/2022 Last Modified: 5/27/2026

Overview

Description

Very well cared for CBS built property. All 4 units have Washers & Dryers, Newer metal roof and 3 units have central air and heat. All units have been updated and show clean and well cared for. Rents are significantly under market, but all tenants are month-to-month. Located near Lake Osborne and the Lake Worth Road corridor. Downtown Lake Worth Beach and the ocean are just minutes away!

Listing Details MLS# R10819035

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3220
Building Area Source: Public Records
Living Area Main: 2136
Year Built: 1955
Gated Community YN: No
Lot Size Area: 5865
Lot Size Acres: 0.13
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Association Fee Includes: Insurance; Trash; Water Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Ceramic Tile; Terrazzo Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Individual Heating: Central Individual; Electric Listing Terms: Cash; Conventional Lot Features: Corner Lot Restrictions: No Restrictions Road Frontage Type: West of US-1; Public Road Road Surface Type: Paved Roof: Metal Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County; No Homestead Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Single Hung Metal Outdoor Living Spaces: Patio Patio Details: Patio - Covered Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen; Laundry Room Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen; Laundry Room Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Contingencies: Financing; Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 479000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 9
Street Name: Detroit
Street Suffix: Street
City Name: Lake Worth
State Or Province: FL
Postal Code: 33461
Postal Zip: 33461
Subdivision Name: BUFFALO HEIGHTS
Area: 5670
Geographic Area: PB17
Parcel Number: 00434420140040090
Zoning: RH
Directions: Lake Worth Road just west of I-95 south on Detroit Street

Financial Information

Tax Annual Amount: 4440
Tax Year: 2021
Tax Legal Description: BUFFALO HEIGHTS LTS 9 & 10 BLK 4

Status Change Information

Major Change Timestamp: 2022-10-17T12:29:40Z
Major Change Type: Status Change
Price Change Timestamp: 2022-09-10T17:58:21Z
Status Change Date: 2022-10-17
Under Contract Date: 2022-09-12
Close Date: 2022-10-17
Close Price: 515555
Buyer Financing: Conventional

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: 11595
Gross Income: 48840
Net Operating Income: 37245

Unit 1 Details

Actual Rent: 1400
Baths Full: Yes
Furnished: Unfurnished
SqFt: 840

Unit 2 Details

Actual Rent: 880
Baths Full: Yes
Furnished: Unfurnished
SqFt: 650

Unit 3 Details

Actual Rent: 880
Baths Full: Yes
Furnished: Unfurnished
SqFt: 650

Unit 4 Details

Actual Rent: 910
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 312

Price Calculations

Current Price To SqFt: 241.36
Original List Price To Close Price: 0.92

Originating Details

Originating System Key: 20220722192447140569000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Association Fee Includes

Insurance: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes
Terrazzo: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Sewer

Public Sewer: Yes

Utilities

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

Heating

Central Individual: Yes
Electric: Yes

Water Access

None: Yes

Window Features

Single Hung Metal: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Road Frontage Type

West of US-1: Yes
Public Road: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Individual: Yes
Electric: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes

Contingencies

Financing: Yes
Inspection: Yes

Unit 1 Appliances

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

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

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

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 3 Appliances

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

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 4 Appliances

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

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Illustrated Properties LLC

Last Updated: May - 27 - 2026

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9 Detroit Street, Lake Worth, FL 33461 (MLS# R10819035)