621 M St Lake Worth Beach, FL 33460
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 621 M St
- Year built
- 1925
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This charming 1925-built, two-story triplex in Lake Worth Beach, Florida, presents a compelling investment opportunity. Located at 621 S M St, 33460, this multifamily property boasts a desirable location, offering easy access to downtown amenities and high pedestrian traffic. The asking price is $699,000. Two of the three units have undergone recent renovations, showcasing modern upgrades including new granite countertops, stylish new flooring, durable impact windows, and updated appliances. These improvements contribute to a strong rental income stream, making the property attractive for both long-term and short-term rental strategies. The third unit, a two-story structure, offers significant potential for customization and added value. A ready-to-finish garage is also included, providing further opportunities for enhancement or additional rental income. The property's prime location in Palm Beach County, Florida, within a thriving market, ensures a strong return on investment. This is a rare opportunity to acquire a partly upgraded asset with considerable upside potential in a highly sought-after area. Don't miss out!
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0539
- Latitude
- 26.6074
