Single-Story
For Sale
$437,000
826 S M Street, Lake Worth, FL 33460
Single-level duplex with 1,240 square feet of finished living space.
Property Size1,240 SF
Price / SF$352.42
Days on Market45
Property Features for 826 S M Street
General Information
Standard status
Active
Size
1,240 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,167
Building Details
Building Size
1,240 SF
Year Built
1955
Stories
1
Listing Agency:
Atlantic Florida Properties In
Listed By:
Norbert Czempinski · License #3162716
(561) 543-8398
Source:
Meyerlucas
Added: Sep 18
Changed: Oct 31
Last Checked: Oct 31 at 12:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Florida Properties In
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Investment Insights
Based on property information with market context.
This single-story duplex contains 1,240 square feet of finished living space and was built in 1955. The layout offers a compact residential configuration within the Lake Worth Town of Add 1 subdivision.
The property is located at 826 S M Street in Lake Worth Beach, Florida 33460. Its duplex format and established construction date provide a straightforward profile for residential income property ownership.
The property is located at 826 S M Street in Lake Worth Beach, Florida 33460. Its duplex format and established construction date provide a straightforward profile for residential income property ownership.
Key Highlights
- Duplex with 1,240 square feet of finished living space
- Single‑story residential layout
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,671
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,420
$413.4K
Cap Rate 7%
$295,300
$295.3K
Cap Rate 9%
$229,678
$229.7K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$31.2K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$29.5K $23.81/SF
− OpEx
−$8.9K −$7.14/SF
NOI
$20.7K $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%
$413,420
Cap Rate 7%
$295,300
Cap Rate 9%
$229,678
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,671 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$272.4K
$238.4K – $317.8K
NOI $19,070 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$873.3K
$764.1K – $1.02M
NOI $61,129 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,029
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Single-level duplex with 1,240 square feet of finished living space.
Where is this duplex located?
The property is located at 826 S M Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $437,000.
What are key features of this property?
This property features: Duplex with 1,240 square feet of finished living space; Single‑story residential layout; Built in 1955
