Two-Unit Townhouse
1029 S C St Lake Worth, FL 33460
1029 S C St, Lake Worth, FL, 33460
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For Sale
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Two-story duplex offers two 3BR/3BA units with in-unit washer/dryer, ample parking, and 2023 HVAC.
Property Size3,004 SF
Price / SF$265.98
Days on Market36
Property Features for 1029 S C St
General Information
- Standard status
- Active
- Size
- 3,004 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing agency
Door One Realty
Listed by
Evens Domond · License #3052996
Source
Crexi
Added: Jun 17 Updated: Jul 21 at 8:23PM Checked: Jul 21 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Door One Realty
Investment Insights
Based on property information with market context.
This two-story townhouse-style duplex includes two spacious units, each with three bedrooms and three bathrooms. The first floor provides one bedroom and one full bathroom per unit, while the second floor adds two additional bedrooms and two bathrooms. Both units feature in-unit washer and dryer appliances, and the property includes a 2023 air conditioning system.
One unit is currently tenant-occupied on a month-to-month lease, while the second unit is vacant and being updated. The property is situated on a large lot and offers ample parking.
With a 2-unit configuration and unit-by-unit living layout, the duplex is well suited for buyers looking to manage a residential income property or occupy one unit while leasing the other, depending on their plans.
One unit is currently tenant-occupied on a month-to-month lease, while the second unit is vacant and being updated. The property is situated on a large lot and offers ample parking.
With a 2-unit configuration and unit-by-unit living layout, the duplex is well suited for buyers looking to manage a residential income property or occupy one unit while leasing the other, depending on their plans.
Key Highlights
- Two‑story duplex with two units, each featuring 3 bedrooms and 3 bathrooms
- Unit layout: 1BD/1BA on the first floor plus 2BD/2BA on the second floor in each unit
- One unit is tenant‑occupied on a month‑to‑month lease at $2,700 per month; second unit is vacant and being updated
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.7k | $25.20 |
| − Vacancy | −$4.2k | −$1.39 |
| EGI | $71.5k | $23.81 |
| − OpEx | −$21.5k | −$7.14 |
| NOI | $50.1k | $16.67 |
3,004 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$715.4K
$626.0K – $834.6K
NOI $50,076 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$660.0K
$577.5K – $770.0K
NOI $46,199 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,091 @ 7.0% cap · market cap 18.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-story duplex offers two 3BR/3BA units with in-unit washer/dryer, ample parking, and 2023 HVAC.
Where is this duplex located?
The property is located at 1029 S C St Lake Worth, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑story duplex with two units, each featuring 3 bedrooms and 3 bathrooms; Unit layout: 1BD/1BA on the first floor plus 2BD/2BA on the second floor in each unit; One unit is tenant‑occupied on a month‑to‑month lease at $2,700 per month; second unit is vacant and being updated
