Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    524 N F Street Lake Worth, FL 33460

    View on Map
    Claim this Listing
    For Sale
    $350,000

    MULTI_FAMILY - Lake Worth Beach, FL

    Property size:
    1,500 SF
    Lot size:
    0.08 Acres
    Added:
    Apr 10, 2025
    Days on Market:
    371
    Last Refresh:
    Apr 15 at 10:06 pm

    Property Features for 524 N F Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    SF-TF-
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
    Pets allowed
    Yes, No
    Standard status
    Active
    APN
    38434421151440120
    Size
    1,500 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    TOWN OF LAKE WORTH LT 12 BLK 144
    Tax Annual Amount
    5627

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile, Concrete
    Building materials
    Concrete, Stucco
    Roof type
    Fiberglass

    We can help!

    Listing Contact
    Paul D. Leffler Sr
    Paul D. Leffler Sr

    Listing agent Paul D. Leffler Sr License #3254829

    Listing office United Realty Group, Inc 1035 S State Rd 7 Suite 121, Plantation, FL

    Listing date Apr 10, 2025

    MLS# R11080475 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Worth Beach Duplex

    This property in Lake Worth Beach features a duplex. One unit includes 3 bedrooms and 2 bathrooms, while the second unit offers 1 bedroom and 1 bathroom. There is a storage/laundry room with a separate entrance currently used by the 1-bedroom unit. The property size is 1500 square feet and the lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.05983
    Latitude
    26.622416

    Nearby Similar for Sale

    • $1,050,000
      1,710 SF

      Lake Worth Beach Auto Repair Shop

      1710 SF auto repair shop in prime location for sale.
      1901 Florida Street, Lake Worth Beach, FL 33460
      View Details
    • $350,000
      1,448 SF

      Lake Worth Duplex Renovation Opportunity

      Duplex in Lake Worth, offering renovation potential and rental income.
      622 S C STREET, LAKE WORTH, FL 33460
      View Details
    • $949,000
      2,144 SF

      Lake Worth Beach Multifamily Property

      Four-unit multifamily property in Lake Worth Beach, Florida.
      802 N J Street, Lake Worth Beach, FL 33460
      View Details
    • $945,000
      1,806 SF

      Lake Worth Fourplex on Corner Lot

      Fourplex in Lake Worth Beach with mixed-use zoning.
      1625 S Federal Hwy, Lake Worth, FL 33460
      View Details
    • $612,000
      1,356 SF

      Lake Worth Beach Multifamily Opportunity

      Duplex on two lots with development potential in Lake Worth.
      1302 S Federal Hwy, Lake Worth Beach, FL 33460
      View Details
    • $375,000
      1,040 SF

      Lake Worth Beach CBS Duplex

      Duplex near Lake Worth Beach, ready for tenants.
      115 N A Street, Lake Worth Beach, FL 33460
      View Details
    • $950,000

      Profitable Florida Real Estate Brokerage

      Established Florida real estate brokerage with global reach for sale.
      934 S Dixie Highway, Lantana, FL 33462
      View Details
    • $899,000
      2,024 SF

      Lake Worth Beach Quadplex

      Turn-key quadplex near beach and shops in Lake Worth Beach.
      226 S Palmway, Lake Worth Beach, FL 33460
      View Details
    • $800

      Equestrian Estate Near Wellington

      Equestrian facility with stalls, living options, and arenas.
      10601 Tamis Trail, Lake Worth, FL 33449
      View Details
    • $599,000
      3,864 SF

      Spacious Legal Duplex Near Development

      Large duplex in up-and-coming area, potential for increased income.
      902 N F Street, Lake Worth Beach, FL 33460
      View Details
    • $5,000

      Equestrian Estate Near WEF

      Equestrian facility with stalls, living options, and arenas.
      10601 Tamis Trail, Lake Worth, FL 33449
      View Details
    • $899,000
      2,024 SF

      Lake Worth Beach Quadplex

      Turn-key quadplex near beach and shops, generating $114,000 gross annually.
      226 S Palmway, Lake Worth Beach, FL 33460
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Lake Worth Beach with two units.
    Where is this duplex located?
    The property is located at 524 N F Street Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Duplex property offering potential rental income.; Unit 1: 3 bedrooms, 2 bathrooms.; Unit 2: 1 bedroom, 1 bathroom.
    (561) 635-5550
    We can help!
    Listing Contact
    Paul D. Leffler Sr
    Paul D. Leffler Sr
    Real Estate License ID: 3254829
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!