301 S L Street, Lake Worth, FL 33460
MULTI_FAMILY - Lake Worth Beach, FL
- Added:
- May 9, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 30 at 5:06 am
Property Features for 301 S L Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- SF-R (city)
- Bedrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
- Window features
- Shutters
- Pets allowed
- No, Yes
- Exterior features
- Awning(s), Barbecue
- Standard status
- Active
- APN
- 38434421151130170
- Size
- 2,146 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TOWN OF LAKE WORTH LTS 17 & 18 BLK 113
- Tax Annual Amount
- 9633
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Window Unit(s), Wall/Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Terrazzo, Tile - Ceramic, Tile
- Building materials
- Block, CBS, Stucco
- Roof type
- Concrete, Flat, Tile
Listing agent Jesse J Bailey License #3227469 (561) 318-3337
Listing office 49 Units, LLC 821 Sunset Road, West Palm Beach, FL (561) 600-5350
Listing date May 9, 2026
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.
HighLights
- Strong South Florida rental market location walkable to Lake/Lucerne main street.
- Insurance‑favorable CBS construction with impact‑rated shutters and concrete tile roof.
- Two spacious ~1,100 sq ft 2BR/1BA units, each with laundry room and washer/dryer.
- Month‑to‑month leases offer immediate upside with light cosmetic updates.
- Separately metered electric and water for low, predictable expenses.
- Parking behind units accommodates at least 4 vehicles.
Overview
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 | $54.1k | $25.20 |
| − Vacancy | −$3.0k | −$1.39 |
| EGI | $51.1k | $23.81 |
| − OpEx | −$15.3k | −$7.14 |
| NOI | $35.8k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.054677
- Latitude
- 26.612072
