1031 N E Street 1-4, Lake Worth Beach, FL 33460 (MLS# B26005055)

1031 N E Street 1-4, Lake Worth Beach, FL 33460

New Listing

$740,000

Virtual Tour

https://www.hommati.com/3DTour-AerialVideo/unbranded/1031-N-E-St-Lake-Worth-Beach-Fl-33460--HPI69397818

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Property Type: Residential Income Square Footage: 1,896 Status: Active

Current Price: $740,000 List Date: 3/28/2026 Last Modified: 3/29/2026

Overview

Description

Excellent investment opportunity! Income-producing property with strong rental potential. Perfect for investors or buyers looking to live in one unit and generate additional income. Conveniently located near shopping, dining, and major roads, making daily commuting easy. The main house is rented month-to-month at $1,500 with a long-term tenant, with below-market rent that has not been increased by the current owner, presenting strong upside. Second building features two studio units, each currently rented at $1,250, providing solid, consistent income with upside potential. Additionally, there is a one-bedroom apartment also rented at $1,250, with room for rental increase. Don't miss this opportunity Schedule your showing today!!

Listing Details MLS# B26005055

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 1896
Building Area Source: Public Records
Living Area Main: 1896
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1953
Parking Total: 5
Gated Community YN: No
Lot Size Area: 10125
Lot Size Acres: 0.23
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.98

Property Features

Documents Available: Copy Of Lease(s) Electric: 220 Volts in Kitchen; 220 Volts in Laundry Exterior Features: Garden Fencing: Back Yard; Fenced Flooring: Tile; Wood Property Condition: Resale Special Listing Conditions: Standard Structure Type: Multi Family; Quadruplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS; Concrete; Concrete Block - With Stucco Cooling: Central Air; Wall/Window Unit(s) Heating: Other Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Corner Lot; Landscaped; Sidewalks Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: West of US-1 Road Surface Type: Paved Roof: Composition; Mixed Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Electricity Connected; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Shutters Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Office; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Occupant Details: Tenant Occupied Showing Considerations: See Remarks Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Open Porch Details: Porch - Open Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Open Parking; Parking Space Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Interior Features: Walk-In Closet(s) Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Open Parking; Parking Space Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-03-20
Original List Price: 740000
Owner Phone: 561 123 4567
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1031
Street Direction Prefix: N
Street Name: E
Street Suffix: Street
Unit Number: 1-4
City Name: Lake Worth Beach
Municipality Type: Incorporated
Municipal Code: 38
State Or Province: FL
Postal Code: 33460
Postal Code +4: 2000
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5620
Geographic Area: PB16
Special Assessment YN: No
Parcel Number: 38434421153200090
Subdivision Number: 15
Zoning: MU-E (city)
Flood Zone: X
Multiple Offers Accepted: Yes

Financial Information

Application Required YN: No
Master Association YN: No
Tax Annual Amount: 10921.09
Tax Year: 2025
Tax Assessed/SOH Value: 374636
Tax Legal Description: TOWN OF LAKE WORTH LT 9 & N 25 FT OF LT 10 BLK 320
Assessor Market Value: 487044
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-03-28T07:15:32Z
Major Change Type: New Listing
Status Change Date: 2026-03-28

More Information

Co-Ownership

Property Management YN: No

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: No

Income and Expenses

Annual Total Expense: 9635
Gross Income: 63000

Pet Details

Pet Fee YN: No

Storm Protection

Accordian Shutters: Complete

Showing Details

Pet(s) on Premises: No
Showing Contact Phone: 561 891 5241
Showing Instructions: Appointment only. 24-hour notice required. Tenant-occupied. Do not disturb tenants. Please contact listing agent 561 891 5241 to schedule all showings.

Unit 1 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 888

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2099-12-31
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: Yes
Attached Carport YN: Yes
Garage YN: No

Unit 2 Details

Actual Rent: 1250
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 396

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2029-12-31
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 1250
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 396

Unit 3 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 1250
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 504

Unit 4 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-01-31
Occupant Type: Tenant

Unit 4 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 390.29

Originating Details

Originating System Key: 20260320130847553810000000
Originating System ID: M00000170

Currently Not Used

Number Of Units Total: 4

Office/Member Information

DXORIGMLSID: RML

Electric

220 Volts in Kitchen: Yes
220 Volts in Laundry: Yes

Exterior Features

Garden: Yes

Flooring

Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes

Fencing

Back Yard: Yes
Fenced: Yes

Structure Type

Multi Family: Yes
Quadruplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Other: Yes

Water Access

None: Yes

Window Features

Shutters: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Concrete Block - With Stucco: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

One: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Corner Lot: Yes
Landscaped: Yes
Sidewalks: Yes

Road Frontage Type

West of US-1: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes
Mixed: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Office: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Showing Considerations

See Remarks: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Patio Details

Patio - Open: Yes

Porch Details

Porch - Open: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Washer/Dryer Hookups: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 4 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Interior Features

Walk-In Closet(s): Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Antorcha Real Estate Group LLC

Last Updated: March - 29 - 2026

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