407 S Lakeside Dr

Off Market

407 S Lakeside Dr

Lake Worth FL 33460

5608 sq. ft.

Other

Last sold for $350,000

Mark Pohnl, last sold this property on 19 January 2010 after -3412 days on market.

Overview

A SUPER RARE FIND...1920'S SPANISH 7 UNIT COMPLEX DIRECTLY ACROSS FROM BRYANT PARK AND THE INTRACOASTAL. 6 UNIT MAIN BUILDING PLUS 1 UNIT IN BACK BLDG OVER A TWO CAR GARAGE. COMPLEX INCLUDES ONE 2 BEDROOM APARTMENT AND SIX ONE BEDROOM APARTMENTS. RENTS IN THE FRONT BUILDING ARE: 2/1 $850/MO, 1/1 + SITTING ROOM $1000/MO, 1/1'S $875/MO, $850/MO, $825/MO AND $630/MO. RENT IN THE BACK BUILDING 1/1 IS $725/MO. FIVE OF THE SEVEN UNITS ARE RENTED WITH LEASES. ALL ARE SPACIOUS WITH LOTS OF 20'S CHARM. ALSO INCLUDED ARE 4 OFF STREET PARKING SPACES, A TWO CAR GARAGE (PRESENTLY RENTED FOR $200/MO) AND COIN OPERATED WASHER/DRYER (INCOME APPROX. $200/MO). TERRIFIC LOCATION ACROSS THE STREET FROM THE INTRACOASTAL, BRYANT PARK, WALKING DISTANCE TO THE BEACH AND 3 BLO... (see supplement for full remark A SUPER RARE FIND...1920'S SPANISH 7 UNIT COMPLEX DIRECTLY ACROSS FROM BRYANT PARK AND THE INTRACOASTAL. 6 UNIT MAIN BUILDING PLUS 1 UNIT IN BACK BLDG OVER A TWO CAR GARAGE. COMPLEX INCLUDES ONE 2 BEDROOM APARTMENT AND SIX ONE BEDROOM APARTMENTS. RENTS IN THE FRONT BUILDING ARE: 2/1 $850/MO, 1/1 + SITTING ROOM $1000/MO, 1/1'S $875/MO, $850/MO, $825/MO AND $630/MO. RENT IN THE BACK BUILDING 1/1 IS $725/MO. FIVE OF THE SEVEN UNITS ARE RENTED WITH LEASES. ALL ARE SPACIOUS WITH LOTS OF 20'S CHARM. ALSO INCLUDED ARE 4 OFF STREET PARKING SPACES, A TWO CAR GARAGE (PRESENTLY RENTED FOR $200/MO) AND COIN OPERATED WASHER/DRYER (INCOME APPROX. $200/MO). TERRIFIC LOCATION ACROSS THE STREET FROM THE INTRACOASTAL, BRYANT PARK, WALKING DISTANCE TO THE BEACH AND 3 BLOCKS TO TRENDY DOWNTOWN. DO THE NUMBERS, THIS PROPERTY IS A GREAT INVESTMENT. SHORT SALE. MAKE AN OFFER!

Features

4 bathrooms

5608 sq. ft. floor area

Other

Estimated Value

Based on this property and similar other properties sold in Lake Worth over the last 12 months, the estimated median property value of 407 S Lakeside Dr is $21k.

Median value

$21k

Estimated value range

$1.25k - $1.27m

Median days on market

Estimated value trend

-37%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lake Worth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 407 S Lakeside Dr

2010

Sold

$350,000

19 Jan 2010 by Mark Pohnl, of Pier Group

Happy sellers in Lake Worth

93%

93% 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 13 reviews in Lake Worth over the last 12 months.

Local market activity for other properties in Lake Worth

In the last 12 months, 8 other properties similar to 407 S Lakeside Dr, have been sold.

This represents a 39% increase in other properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

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Jane Thomas

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Jane Thomas

Jane Thomas is an award winning recommended agent for Lake Worth. They have 5 local sales and collected 4 local reviews across the last 12 months.

4.8 (18 reviews)
4 Reviews in Lake Worth
5 Sales in Lake Worth

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Jeff Tricoli

Sellers who recommend Jeff Tricoli have praised them for being clear communication, responsive, local expert, supportive, great negotiation, strategic, and well-prepared