Two-Unit Duplex with Private
3718 BRIGGS Drive, Lake Worth, FL 33461
For Sale
New
$645,000
Residential Income, Lake Worth, FL
Property Size2,039 SF
Lot Size0.23 Acres
Price / SF$316.33
Days on Market2
Property Features for 3718 BRIGGS Drive
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Half bathrooms
Rooms
Pets allowed
Exterior features
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front
Amenities
private fenced outdoor areas
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
United Realty Group, Inc
(561) 469-8706
Listed By:
Garfield Basant · License FL #3359762
(561) 571-5555
Added: Nov 9
Last Checked: Nov 10 at 4:06AM
MLS# B26098348
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 1977 duplex contains two separate residences, each configured with two bedrooms, two bathrooms, and a private one-car garage. The 2,039-square-foot building sits on a 0.23-acre parcel, with ceramic tile flooring, central heating and air conditioning, and separate water and electric meters. Each unit also has its own driveway and a fenced outdoor area; the property backs to a canal.
Located on a dead-end street in Lake Worth, the property is zoned RM. Public water service and a septic system serve the site.
Located on a dead-end street in Lake Worth, the property is zoned RM. Public water service and a septic system serve the site.
Key Highlights
- Two residences, each with 2 bedrooms, 2 bathrooms, and a private one‑car garage
- 2,039‑square‑foot building on a 0.23‑acre parcel
- Separate water and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,157
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,140
$623.1K
Cap Rate 7%
$445,100
$445.1K
Cap Rate 9%
$346,189
$346.2K
Market Conditions
NOI Build-Up for 2,039 SF
Gross rent
$59.9K $29.40/SF
− Vacancy
−$3.3K −$1.62/SF
EGI
$56.6K $27.78/SF
− OpEx
−$25.5K −$12.50/SF
NOI
$31.2K $15.28/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,140
Cap Rate 7%
$445,100
Cap Rate 9%
$346,189
Alternative Uses
Best Use
Apartment 5plus
$445.1K
$389.5K – $519.3K
NOI $31,157 @ 7.0% cap · market cap 4.83%
Second Best
Multifamily LT 5
$342.0K
$299.2K – $399.0K
NOI $23,939 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,518 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 33461, FL
47,161
Population
18,095
Households
2.6
Avg Household Size
36
Median Age
17%
College-Educated
75%
High-School Grad
7.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$61,218
Median Household Income
$31,503
Median Earnings
$1,615
Median Rent
$263,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lake Worth, FL
Properties on Market for Duplexes in Lake Worth
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, a one-car garage, and its own driveway.
Where is this duplex located?
The property is located at 3718 BRIGGS Drive Lake Worth, FL.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 bathrooms, and a private one‑car garage; 2,039‑square‑foot building on a 0.23‑acre parcel; Separate water and electric meters
