Add Listing
    For Lease
    • 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

    3737 Mil Lake Cir, Unit 3737 Lake Worth, FL 33463

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,400 /Mo

    3-bedroom, 2-bath duplex with fenced yard and in-unit laundry.

    Lot size:
    0.06 Acres

    Property Features for 3737 Mil Lake Cir

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Jordani Torrealba
    Source: Elliman

    Listing Agent: Jordani Torrealba

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spacious 3-Bedroom Duplex For Rent

    This spacious half duplex features three bedrooms and two bathrooms. The property includes tile floors throughout. A large fenced yard is included. The unit is equipped with a washer and dryer. One pet is allowed, excluding aggressive breeds, with a $250 non-refundable pet fee. The tenant is responsible for water and sewer. Move-in costs include first month's rent, last month's rent, and a security deposit equal to one month's rent, totaling three months' rent. Applicants must have a clean criminal record, no prior evictions, and a net monthly income of at least 2.5 times the rent amount.
    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 Building Supply Daycare Center

    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
    -80.116603
    Latitude
    26.622859

    Nearby Similar for Lease

    • New
      $2,800 /Mo
      9,952 SF

      Lake Worth Beach Office Space

      1200 sq ft office space available for rent.
      1776 Lake Worth Rd, Lake Worth, FL 33460
      View Details
    • $30 SF/Yr
      3,971 SF

      Prime Downtown Lake Worth Retail

      High-traffic retail space in central Lake Worth Beach.
      500 Lake Ave, Lake Worth, FL 33460
      View Details
    • $3,000 /Mo
      1,520 SF

      Palm Springs Medical Office Space

      Ready-to-occupy medical office space in Palm Springs, Florida.
      2889 10Th Ave N, Lake Worth, FL 33461
      View Details
    • $4,500 /Mo
      43,560 SF

      Palm Springs Office Space Available

      Commercial office space for rent in Palm Springs, Florida.
      3731 Lake Worth Rd, Lake Worth, FL 33461
      View Details
    • $450,000
      720 SF

      Turnkey Medical Office Condo

      Move-in ready medical office condo in Wellington, Florida.
      3319 S State Road 7, Lake Worth, FL 33449
      View Details
    • $6 SF/Yr
      4,864 SF

      Lake Worth Office Space Available

      Newly renovated office space for lease on Military Trail Blvd.
      3379 S Military Trl, Lake Worth, FL 33463
      View Details
    • $10,000 /Mo
      4,349 SF

      Horse Farm Aisle Rental Available

      Aisle rental available on professional horse farm in Lake Worth.
      11951 Hawk Holw, Lake Worth, FL 33449
      View Details
    • $1,200,000
      620 SF

      Lake Worth Beach Multifamily Property

      Multifamily property in Lake Worth Beach with strong rental demand.
      602 N H St, Lake Worth, FL 33460
      View Details
    • $1,699,000
      3,096 SF

      Versatile Space in Entertainment District

      Flexible commercial space near Lake Worth Beach's vibrant district.
      Lk Worth Bch, Lake Worth, FL 33460
      View Details
    • $1,625 /Mo
      4,158 SF

      Equestrian Barn with 10 Stalls

      Gated Wellington barn with stalls, paddocks, and riding ring.
      11861 Hawk Holw, Lake Worth, FL 33449
      View Details
    • $1,050 /Mo
      8,320 SF

      Lake Worth Office Space Available

      Office space for rent in Lake Worth, Florida.
      3141 S Military Trl, Lake Worth, FL 33463
      View Details
    • Contact for pricing

      Retail Property Near Airport

      Retail space for lease with immediate airport access.
      4050 Hooks Rd, Lake Worth, FL 33467
      View Details

    FAQs

    What type of property is this?
    Duplex - 3-bedroom, 2-bath duplex with fenced yard and in-unit laundry.
    Where is this duplex located?
    The property is located at 3737 Mil Lake Cir, Unit 3737 Lake Worth, FL.
    What is the lease rate?
    The lease rate is $2,400 /Mo.
    What are key features of this property?
    This property features: - Spacious 3-bedroom, 2-bath layout.; - Large fenced yard.; - Tile floors throughout.
    (954) 636-7993
    Request Owner's contact information
    3737 Mil Lake Cir, Unit 3737 Lake Worth, FL 33463
    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.
    3737 Mil Lake Cir, Unit 3737
    Lake Worth, FL 33463
    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
    3737 Mil Lake Cir, Unit 3737 Lake Worth, FL 33463
    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

    We can help!
    Listing Contact
    Jordani Torrealba
    (954) 636-7993 (954) 640-9111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!