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19 S E St

Lake Worth FL 33460

4
3544 sq. ft.
0.15 ac.
Duplex
Currently for sale - view listing

Overview

Spectacular Investment Opportunity! Prime income-producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily—allowing for up to five units (or potentially more)! Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the Tri-Rail station. Current tenants are month-to-month, full flexibility to either retain them for steady income or renovate and reposition for higher return. Property in need of rehab and upgrades opportunity in one of Lake Worth's most sought-after rental corridors! Please drive by only and do not disturb tenants.

Features

4 bathrooms
3544 sq. ft. floor area
0.15 ac. lot size
Duplex

Property history for 19 S E St

2020
Sold
$300,000
23 Oct 2020 by Samuel Mekras, of MSP Group, LLC
2011
Sold
$65,000
23 Nov 2011 by Colleen Schrieber

Happy sellers in Lake Worth

92%
92% of sellers in Lake Worth reported that their sale price either exceeded or met their price expectations.

Lake Worth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lake Worth over the last 12 months.

Local market activity for duplexes in Lake Worth

In the last 12 months, 34 duplexes similar to 19 S E St, have been sold.

This represents a 28% increase in duplexes sales when compared to the previous 12 months.

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