101 Akron Street, Lake Worth Beach, FL 33461 (MLS# R11150682)

101 Akron Street, Lake Worth Beach, FL 33461

$600,000

Virtual Tour

https://www.propertypanorama.com/101-Akron-Street-Lake-Worth-Beach-FL-33461/unbranded

Property Type: Residential Income Square Footage: 1,719 Status: Active

Current Price: $600,000 List Date: 1/01/2026 Last Modified: 3/30/2026

Overview

Description

Property is being sold together with the adjacent property at 1905 Lake Worth Rd. This is a Luxury Turnkey 6-unit apartment complex meticulously maintained and in pristine condition with no deferred maintenance. Fully occupied with excellent tenants. All units feature oversized one-bedroom layouts, with potential to convert select units into two-bedroom units for added value. Property includes on-site laundry, full security surveillance, and impact windows throughout. Tenants pay their own electric, and the four back units also pay their own water, keeping expenses low. Ample parking and easy management make this a strong income-producing investment. Both properties are being sold together for $1,795,000.

Listing Details MLS# R11150682

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1719
Building Area Source: Public Records
Living Area Main: 1656
Year Built: 1958
Gated Community YN: No
Lot Size Area: 6403
Lot Size Acres: 0.15
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Investment Analysis Electric: Three Phase Fencing: Fenced Flooring: Tile Property Condition: Resale Structure Type: Duplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; Other Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Mixed Sewer: Public Sewer Special Information: Sold As-Is Tax Information: County Only; Lake Worth Drain District Utilities: Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany Unit 1 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Utility Room Unit 2 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen; Utility Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 600000
Negotiable Seller Concessions YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 101
Street Name: Akron
Street Suffix: Street
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33461
Postal Zip: 33461
Subdivision Name: BUFFALO HEIGHTS
Area: 5670
Geographic Area: PB17
Special Assessment YN: No
Parcel Number: 38434420140060070
Zoning: TOD-W(
Directions: Exit I-95 at 6th Ave and head West. Make a right onto Wright Dr then a right onto Lake Osborne Dr then right on Akron St.

Financial Information

Tax Annual Amount: 7128
Tax Year: 2025
Tax Legal Description: BUFFALO HEIGHTS LTS 7 & 8 BLK 6

Status Change Information

Major Change Timestamp: 2026-01-01T19:31:54Z
Major Change Type: New Listing
Status Change Date: 2026-01-01

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 38160
Gross Income: 131700
Net Operating Income: 93540

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 1825
Baths Full: Yes
Furnished: Unfurnished
SqFt: 828

Unit 1 Lease Description

Lease Expiration: 2026-05-01

Unit 2 Details

Actual Rent: 1725
Baths Full: Yes
Furnished: Unfurnished
SqFt: 828

Unit 2 Lease Description

Lease Expiration: 2001-05-01

Price Calculations

Current Price To SqFt: 362.31

Originating Details

Originating System Key: 20251228174746080081000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Investment Analysis: Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Roof

Mixed: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Restrictions

No Restrictions: Yes

Tax Information

County Only: Yes
Lake Worth Drain District: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes
Utility Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes
Utility Room: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: CPRE Organization Inc

Last Updated: March - 30 - 2026

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