For Sale
$699,000

621 M StLake Worth Beach, FL 33460

High-Income Triplex, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming 1925-built, two-story triplex in Lake Worth Beach, Florida, presents a compelling investment opportunity. Located at 621 S M St, 33460, this multifamily property boasts a desirable location, offering easy access to downtown amenities and high pedestrian traffic. The asking price is $699,000. Two of the three units have undergone recent renovations, showcasing modern upgrades including new granite countertops, stylish new flooring, durable impact windows, and updated appliances. These improvements contribute to a strong rental income stream, making the property attractive for both long-term and short-term rental strategies. The third unit, a two-story structure, offers significant potential for customization and added value. A ready-to-finish garage is also included, providing further opportunities for enhancement or additional rental income. The property's prime location in Palm Beach County, Florida, within a thriving market, ensures a strong return on investment. This is a rare opportunity to acquire a partly upgraded asset with considerable upside potential in a highly sought-after area. Don't miss out!

Highlights

  • Charming 1925-built, two-story triplex in Lake Worth Beach, FL.
  • Located at 621 S M St, 33460, offering high pedestrian traffic and proximity to downtown amenities.
  • Asking price: $699,000.
  • Two units recently renovated with granite countertops, new flooring, impact windows, and updated appliances.
  • Third unit offers significant customization potential, plus a ready-to-finish garage.

Property Details for 621 M St

Property type
Apartment buildings, Small apartment buildings
Year Built
1925
Stories
2

Location Insight

City
Lake Worth Beach
County
Palm Beach
State
Florida
Latitude
26.6074324
Longitude
-80.0539
621 M St, Lake Worth Beach, Florida

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621 M St
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