1602 N L Street, Lake Worth Beach, FL 33460

$589,900
Property Type: Residential Income Square Footage: 1,116 Status: Active
Current Price: $589,900 List Date: 8/26/2026 Last Modified: 10/20/2026

Overview

Description

Beautifully maintained Lake Worth Beach Legal Duplex! Two houses on one lot: single family 3/2 Main House and separate 1/1 Cottage! Located in the desirable Eden Place, this is perfect for seasonal or short-term rentals or to move in and enjoy while having an income. No Leasing Restrictions! Both houses have their own central AC, water heater, and separate utilities. Main house has wood floors throughout, walk-in closets, and newer kitchen cabinets. Carport fits 2 cars and offers plenty of storage space! Cottage has tile floors throughout and a cozy and private courtyard, perfect for morning coffee/tea or relaxing with friends. Close enough to Downtown Lake Worth Beach to enjoy it, but just far enough for quiet evenings at home.

Listing Details MLS# B26068496

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1116
Building Area Source
Public Records
Living Area Main
932
Living Area Source
Appraiser
Adjusted Area Main
978
Accessibility Features YN
No
Year Built
1931
Parking Total
5
Gated Community YN
No
Lot Size Area
5000
Lot Size Acres
0.11
Lot Size Dimensions
50.0 ft x 100.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.42

Property Features

Documents Available: None Exterior Features: None Flooring: Ceramic Tile; Tile; Wood Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Multi Family Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: Stucco Cooling: Central Air Heating: Central Laundry Features: Inside Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Fruit Tree(s) Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Road Surface Type: Asphalt Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: Lake Worth Drain District; No Homestead Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Covered Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups; Window Coverings Unit 1 Parking Features: On Street; Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups; Window Coverings Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
599900
Negotiable Seller Concessions YN
No
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
1602
Street Direction Prefix
N
Street Name
L
Street Suffix
Street
Municipality Type
Incorporated
Municipal Code
38
State Or Province
FL
Postal Code
33460
Postal Code +4
6627
Subdivision Name
NORTH LAKE WORTH
Area
5600
Geographic Area
PB16
Elementary School
North Grade K-8
Middle Or Junior School
Lake Worth
High School
Lake Worth
Special Assessment YN
No
Parcel Number
38434415160210010
Subdivision Number
16
Zoning
SF-R (city)

Financial Information

Master Association YN
No
Tax Annual Amount
9903.98
Tax Year
2025
Tax Assessed/SOH Value
415082
Tax Legal Description
NORTH LAKE WORTH LT 1 BLK 21
Assessor Market Value
415082

Status Change Information

Major Change Timestamp
2026-09-13T15:06:03Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-13T15:06:03Z
Status Change Date
2026-08-26

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2

Income and Expenses

Annual Total Expense
1800
Gross Income
47400
Net Operating Income
45600

Other Area Details

Living Area Other Structures
498
Building Area Other Structures
1053
Adjusted Area Other Structures
612

Pet Details

Pet Fee YN
No

Qualifying Requirements

Minimum Credit Score YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
14

Storm Protection

Panel Shutters
Complete

Unit 1 Details

Actual Rent
2150
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
932

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-03-15
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Unit 2 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Negotiable
Hotel Room YN
No
SqFt
498

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Other
Lease Expiration
2026-11-30
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Price Calculations

Current Price To SqFt
643.66

Originating Details

Originating System Key
20260826041125665463000000
Originating System ID
M00000170
IDX
Listing Office: Rubio Realty Group, LLC
Source MLS Verified
Last Updated: October - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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