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1017 M St Lake Worth, FL 33460

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For Sale
Contract
$550,000

Three cottages near the Intracoastal Waterway, ideal for investors.

Property Features for 1017 M St

General Information

Property type
Investment
Standard status
Contract

Building Details

Year built
1931

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Listing Contact
Desare A Kohn-Laski Pa
Source: Elliman

Listing Agent: Desare A Kohn-Laski Pa

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

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Overview

Charming Cottages Near Intracoastal Waterway

This property features three cottages, situated four blocks from the Intracoastal Waterway and a nearby park. Each cottage has a lease agreement and separate utilities, with tenants responsible for electricity, water, and trash. All roofs were replaced in 2023. The property includes a common backyard and shared outdoor space. Storm panels are in place. Cottage 1 (1017 A) is 392 square feet, fully furnished, and features bamboo flooring, a washer and dryer, and a fenced backyard. Cottage 2 (1017 B) is 504 square feet and includes new Mohawk wood flooring, kitchen appliances, an updated bathroom, and a new water heater installed in 2023. It also has two parking spaces plus additional parking along the side. Cottage 3 (1019) is 480 square feet and has driveway space available for a fourth cottage. The property is a short bike ride from downtown Lake Worth and Lake Worth Beaches, near the Lake Worth pier and golf course. The location offers access to local culture, a scenic waterfront, award-winning restaurants, lively cafes, and year-round cultural events.
Location Intelligence

Current Use by Public Records

Multifamily properties

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

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Location Insight

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City
Lake Worth
County
Palm Beach
State
Florida
Longitude
-80.054477
Latitude
26.603048

FAQs

What type of property is this?
Multifamily property - Three cottages near the Intracoastal Waterway, ideal for investors.
Where is this multifamily property located?
The property is located at 1017 M St Lake Worth, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Income-producing property with 3 cottages, each with existing lease agreements.; - Prime location: **Just 4 blocks from Intracoastal Waterway and a nearby park**, short bike ride to downtown Lake Worth and beaches.; - All new roofs installed in 2023.
More about this property
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