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Duplex With Detached Cottage
For Sale
$399,000

713 10th Avenue N, Lake Worth, FL 33460

Residential Income, Lake Worth Beach, FL

Property Size1,329 SF
Lot Size0.15 Acres
Price / SF$300.23
Days on Market50

Property Features for 713 10th Avenue N

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning SF-TF-14 (city)
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Patio and Porch features Patio
Pets allowed Yes, No
Subdivision LAKE WORTH TOWN OF
View City
Elementary school North Grade K-8
Middle school Lake Worth
High school Lake Worth
Directions From 95 take 10th Ave. east. On North side of 10th Avenue between J and K Streets. Can park in driveway off of alley or on J or K Streets.
Standard status Active
APN 38434421152800072
Size 1,329 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOWN OF LAKE WORTH E 67.5 FT OF LTS 7 & 8 BLK 280
Tax Annual Amount 7673
Legal Description TOWN OF LAKE WORTH E 67.5 FT OF LTS 7 & 8 BLK 280

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
Water source Public

Amenities

on-site washer and dryer

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Building materials Wood Frame
Roof type Shingle
Listing Agency: LPT Realty, LLC
Listed By: Michael William Luciano · License #3371345
Added: Sep 17 Changed: Oct 31 Last Checked: Nov 5 at 11:06PM
MLS# B26077490

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,329-square-foot duplex property includes a two-bedroom, one-bath main residence and a detached cottage with a kitchen, bathroom, living room/bedroom, and separate outdoor area. The main home also provides dining and living rooms, a vintage kitchen, and a fenced yard. Both units have separate gas and electric meters, access to an on-site washer and dryer, and off-street parking. Wood-frame construction, a shingle roof, public water, and public sewer serve the property.

Positioned in Lake Worth Beach, the property is blocks from downtown and a few minutes from the beach. The 0.15-acre parcel is zoned SF-TF-14 by the city and includes a patio, wall/window and window unit cooling, ceiling fans, and cable availability.

Key Highlights

  • 1,329‑square‑foot duplex property on a 0.15‑acre parcel
  • Main residence has 2 bedrooms, 1 bathroom, living and dining rooms, vintage kitchen, and fenced yard
  • Detached cottage includes a kitchen, bathroom, living room/bedroom, and outdoor space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,154
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,080 $443.1K
Cap Rate 7%
$316,486 $316.5K
Cap Rate 9%
$246,156 $246.2K
Market Conditions
NOI Build-Up for 1,329 SF
Gross rent
$33.5K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$31.6K $23.81/SF
− OpEx
−$9.5K −$7.14/SF
NOI
$22.2K $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%
$443,080
Cap Rate 7%
$316,486
Cap Rate 9%
$246,156

Alternative Uses

Best Use
Multifamily LT 5
$316.5K
$276.9K – $369.2K (±1% cap)
NOI $22,154 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$292.0K
$255.5K – $340.7K (±1% cap)
NOI $20,439 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$936.0K
$819.0K – $1.09M (±1% cap)
NOI $65,517 @ 7.0% cap · market cap 16.42%
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
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered living spaces offer private outdoor areas, shared laundry access, and off-street parking.
Where is this duplex located?
The property is located at 713 10th Avenue N Lake Worth, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,329‑square‑foot duplex property on a 0.15‑acre parcel; Main residence has 2 bedrooms, 1 bathroom, living and dining rooms, vintage kitchen, and fenced yard; Detached cottage includes a kitchen, bathroom, living room/bedroom, and outdoor space
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