3194 Prince Drive Lake Worth, FL 33461
MULTI_FAMILY - Lake Worth Beach, FL
- Added:
- Jul 8, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 11 at 12:06 pm
Property Features for 3194 Prince Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Window features
- Blinds
- Patio and Porch features
- Patio
- Pets allowed
- Yes, No
- Exterior features
- Storage
- Fencing
- Fenced, Gate
- Standard status
- Active
- APN
- 00434430011250013
- Size
- 1,736 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM BEACH FARMS CO PL NO 7 E 1/4 OF LT A (LESS N 26 FT RD R/W) BLK 125
- Tax Annual Amount
- 7313
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer, Septic Tank
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- CBS, Stucco
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Loodmy Jacques License #3222697 (561) 678-5584
Listing office KW Reserve Palm Beach 2041 Vista Parkway Ste. 201, West Palm Beach, FL (561) 966-4000
Listing date Jul 8, 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.
Investment Insights
Based on property information with market context.
The home is located in Lake Worth Beach, Florida in Palm Beach County. The listed zoning is RM. The roof was installed in 2014, and central AC has been updated.
With separate utilities and dedicated parking for each unit, the configuration supports independent day-to-day living arrangements.
Key Highlights
- Duplex with a 3BR/2BA unit and a 2BR/1BA unit, each with private backyard space and dedicated parking
- Separate water and electric meters for each unit
- Roof shingle roof, with roof replaced in 2014
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 | $43.7k | $25.20 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $41.3k | $23.81 |
| − OpEx | −$12.4k | −$7.14 |
| NOI | $28.9k | $16.67 |
