1314 S M St

Sold
Recommend
Sold

$550,000

0 Bed 0 Bath 2,626 sqft
1314 S M St Lake Worth, FL
Sold
Recommend

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows

Key features

Living area
2,626 sqft
Maintenance
$ 0
Tax
$5,201 (2018)
Tenant Occupied
No
Parking Space
5
Floor #
0 / 1
Building
LAKE WORTH TOWN OF ADD 1
On market
1997 days
$ /sqft
$ 208
Type
apartment
Unit
-
Year Built
1969
Zip Code
33460
Ref./MLS ID
A10564454

DESCRIPTION

Priced to sell.  This property consists of four 2 bd / 1 ba units.  Located within 2 miles of lantana and lake worth beaches, downtown, shops, restaurants, amenities and direct access to i-95.  The area boasts new construction, including the highly anticipated water tower commons of lantana.  The property has been completely renovated.  It is currently listed as vacant but we are in the process of narrowing down the four upcoming tenants.  The tenant move-in date is scheduled for nov 15th.  Buyer will have the option of purchasing property vacant or occupied.  Expected return: @ $546k.  Annual income = $61,200.  Noi = $45.  8k.  Cap rate = 8.  3%.  As an investor, you are buying a stable, turnkey property, with the highest cap rate in lake worth.  Check out 3d tour.  


Data is provided by Miami Board of Realtors.

Listed on November 01, 2018 by Jason McLendon from The K Company Realty, LLC, this apartment is for sale. apartment for sale in Lake Worth listed at $546,000, Reference A10564454

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