Duplex with New
For Sale
$450,000
17 S D Street, Lake Worth, FL 33460
Residential Income, Lake Worth Beach, FL
Property Size1,137 SF
Lot Size0.08 Acres
Price / SF$395.78
Days on Market60
Property Features for 17 S D Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SF-TF-14 (city)
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Patio and Porch features
Patio
Pets allowed
No, Yes
Exterior features
Garden, Storage
Fencing
Fenced
Subdivision
LAKE WORTH TOWN OF
Elementary school
South Grade
Middle school
Lake Worth
High school
Lake Worth
Directions
From I-95 exit at 6th Ave S, go East to S D Street. Go North to Property at 17 S D Street. Property is a few houses to booming Lake & Lucerne Ave...
Standard status
Active
APN
38434421150050250
Size
1,137 SF
Lot size
0.08 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
TOWN OF LAKE WORTH LT 25 BLK 5
Tax Annual Amount
8166
Legal Description
TOWN OF LAKE WORTH LT 25 BLK 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1928
Floors in Building
2
Number of units
2
Flooring type
Tile, Wood
Building materials
Wood Siding
Additional Structures
Storage
Buildings
1
Listing Agency:
Keller Williams Realty Service
(561) 245-4000
Listed By:
Stephan A Meyer · License #649191
(561) 245-4011
Added: Sep 7
Changed: Nov 5
Last Checked: Nov 5 at 11:06PM
MLS# B26075263
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.
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Investment Insights
Based on property information with market context.
This duplex contains two separate living units within approximately 1,137 square feet, with three bedrooms and two bathrooms overall. One residence is currently tenant occupied, while the other provides flexibility for additional rental use or owner occupancy. The property includes a new roof installed in 2026, a fenced site, patio, storage area, tile and wood flooring, and window, wall, and ceiling-fan cooling. Public water and sewer serve the property, and the zoning is SF-TF-14 (city).
Located at 17 S D Street in Lake Worth Beach, the property is positioned near the restaurants, cafés, entertainment, shopping, galleries, and nightlife of downtown. The address also offers access to parking for multiple vehicles directly in front of the residences. Nearby context identified in the property information includes the Intracoastal, parks, golf, major roadways, and the Atlantic Ocean.
Located at 17 S D Street in Lake Worth Beach, the property is positioned near the restaurants, cafés, entertainment, shopping, galleries, and nightlife of downtown. The address also offers access to parking for multiple vehicles directly in front of the residences. Nearby context identified in the property information includes the Intracoastal, parks, golf, major roadways, and the Atlantic Ocean.
Key Highlights
- Two separate living units totaling approximately 1,137 square feet
- Three bedrooms and two bathrooms overall
- One unit is currently tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,954
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,080
$379.1K
Cap Rate 7%
$270,771
$270.8K
Cap Rate 9%
$210,600
$210.6K
Market Conditions
NOI Build-Up for 1,137 SF
Gross rent
$28.7K $25.20/SF
− Vacancy
−$1.6K −$1.39/SF
EGI
$27.1K $23.81/SF
− OpEx
−$8.1K −$7.14/SF
NOI
$19.0K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,080
Cap Rate 7%
$270,771
Cap Rate 9%
$210,600
Alternative Uses
Best Use
Multifamily LT 5
$270.8K
$236.9K – $315.9K
NOI $18,954 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.4K
NOI $17,486 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$800.7K
$700.7K – $934.2K
NOI $56,052 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,008
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one occupied residence, no HOA, and parking for multiple vehicles near downtown Lake Worth Beach.
Where is this duplex located?
The property is located at 17 S D Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two separate living units totaling approximately 1,137 square feet; Three bedrooms and two bathrooms overall; One unit is currently tenant occupied
