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Duplex With Separate Cottage
For Sale
$589,900

1602 N L Street, Lake Worth, FL 33460

Two residences provide independent utilities, central air conditioning, and flexible occupancy or rental arrangements.

Property Size932 SF
Price / SF$632.94
Days on Market28

Property Features for 1602 N L Street

General Information

Standard status Active
Size 932 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

courtyard

Building Details

Year Built 1931
Buildings 2
Listing Agency: Rubio Realty Group, LLC
Listed By: Lisa M Castellano
Source: Lehmannflorida
Added: Aug 25 Changed: Sep 20 Last Checked: Sep 21 at 5:34AM

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 Rubio Realty Group, LLC

Investment Insights

Based on property information with market context.

This legal duplex consists of two separate residences on one lot: a 3-bedroom, 2-bathroom main house and a 1-bedroom, 1-bathroom cottage. The main residence includes wood flooring, walk-in closets, and updated kitchen cabinetry. The cottage features tile flooring and a private courtyard. Each dwelling has its own central air-conditioning system, water heater, and utility service. A two-car carport adds covered parking and storage capacity.

Built in 1931 and located at 1602 N L Street in Lake Worth Beach, the property is near Downtown Lake Worth Beach while maintaining a quieter residential setting. The source information indicates no leasing restrictions and identifies potential for seasonal or short-term rental use.

Key Highlights

  • Legal duplex with a 3/2 main house and separate 1/1 cottage
  • Two residences on one lot with separate utilities, central AC, and water heaters
  • No leasing restrictions; seasonal and short‑term rental use identified

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Restaurant Cafe & Coffee Shop Travel Agency Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide independent utilities, central air conditioning, and flexible occupancy or rental arrangements.
Where is this duplex located?
The property is located at 1602 N L Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Legal duplex with a 3/2 main house and separate 1/1 cottage; Two residences on one lot with separate utilities, central AC, and water heaters; No leasing restrictions; seasonal and short‑term rental use identified
More about this property
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