Duplex with Mixed-Use
New
For Sale
$525,000
7 N C Street, Lake Worth, FL 33460
Residential Income, Lake Worth Beach, FL
Property Size1,215 SF
Lot Size0.16 Acres
Price / SF$432.10
Days on Market1
Property Features for 7 N C Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MU-E (city)
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Pets allowed
Yes, No
Subdivision
LAKE WORTH TOWN OF
Lot features
Sidewalks
View
City
Elementary school
South Grade
Middle school
Lake Worth
High school
Lake Worth
Directions
Between Lake and Lucerne Avenue on N. "C" Street.
Standard status
Active
APN
38434421155020070
Size
1,215 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOWN OF LAKE WORTH LOT 7 BLK B
Tax Annual Amount
4867
Legal Description
TOWN OF LAKE WORTH LOT 7 BLK B
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1928
Floors in Building
1
Number of units
2
Flooring type
Wood
Building materials
Frame
Roof type
Shingle
Listing Agency:
LPT Realty, LLC
(561) 540-8979
Listed By:
Michael William Luciano · License #3371345
(561) 536-3725
Added: Oct 22
Last Checked: Oct 22 at 5:06PM
MLS# B26091463
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.
A duplex currently occupies this 1,215-square-foot property. The existing tenancy is month to month, and the building has two electric meters and one water meter. Public water and sewer are available, with central heating and air conditioning.
The 0.16-acre lot measures 50.5 x 136. Zoned MU-E, the site’s base zoning permits development of four residential units or a mix of low-intensity commercial uses.
The 0.16-acre lot measures 50.5 x 136. Zoned MU-E, the site’s base zoning permits development of four residential units or a mix of low-intensity commercial uses.
Key Highlights
- Existing duplex with month‑to‑month tenants
- MU‑E base zoning allows development of 4 residential units or a mix of low‑intensity commercial uses
- 0.16‑acre lot measuring 50.5 x 136
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,254
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,080
$405.1K
Cap Rate 7%
$289,343
$289.3K
Cap Rate 9%
$225,044
$225.0K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$30.6K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$28.9K $23.81/SF
− OpEx
−$8.7K −$7.14/SF
NOI
$20.3K $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%
$405,080
Cap Rate 7%
$289,343
Cap Rate 9%
$225,044
Alternative Uses
Best Use
Multifamily LT 5
$289.3K
$253.2K – $337.6K
NOI $20,254 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$266.9K
$233.6K – $311.4K
NOI $18,686 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$855.7K
$748.7K – $998.3K
NOI $59,897 @ 7.0% cap · market cap 11.41%
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
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,008
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The MU-E designation permits four residential units or a combination of low-intensity commercial uses under base zoning.
Where is this duplex located?
The property is located at 7 N C Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Existing duplex with month‑to‑month tenants; MU‑E base zoning allows development of 4 residential units or a mix of low‑intensity commercial uses; 0.16‑acre lot measuring 50.5 x 136
