1032 J StLake Worth Beach, FL 33460

Property Details for 1032 J St

Year built

1950

Lot size

0.15 AC

Property size (Sq ft)

2,016 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents two charming, single-family homes situated on a 0.15-acre lot in desirable Lake Worth Beach, Florida. The property, identified by APN 38-43-44-21-15-308-0080, consists of two buildings, each a single-story structure built in 1950 and renovated in 2000. The main residence at 1032 N. J Street offers 2 bedrooms and 1 bathroom, featuring hardwood floors, central air conditioning, a spacious living room, an eat-in kitchen, and an enclosed porch. Amenities include a washer/dryer and off-street parking. The second unit, located at 711 111th Ave N, provides an additional 1 bedroom and 1 bathroom, also boasting hardwood floors, central air conditioning, a spacious living room, an eat-in kitchen, a large bedroom, and an updated bathroom. This unit includes a carport, washer/dryer, storage, and a private backyard. Both units are constructed of concrete block, feature separate electric meters and water heaters, and offer a combined net rentable square footage of 1,635 square feet. The total square footage is 2,016 square feet. The property is currently 50% occupied and zoned SF-TF-14, providing flexibility for future use. Located minutes from downtown Lake Worth Beach and a short distance from the beach, this property offers significant potential for rental income and appreciation. The asking price is $599,000, translating to a price per square foot of $297.12. Each unit includes 2 parking spaces.

Location Insight

City

Lake Worth Beach

County

Palm Beach

State

Florida

Latitude

26.6286

Longitude

-80.0557

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