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225 N M Street 1, Lake Worth Beach, FL 33460
Overview
Description
Supplements: ... (Read more) With several important improvements already completed, this property presents an attractive opportunity for buyers looking to expand their real estate portfolio. Updates include a 2020 roof, 2020 tankless water heater, updated electrical components, and newer A/C ductwork. Whether you're considering a long-term rental investment, an owner-occupied income property, or exploring potential multifamily configurations, this property offers a variety of possibilities to consider, subject to applicable zoning and city approvals. Its distinctive Spanish Revival architecture and established neighborhood setting add to its appeal, creating an opportunity to invest in a property with both character and potential. Location is one of this property's greatest advantages! Situated along charming M Street, surrounded by mature trees and historic homes, residents can enjoy easy access to downtown Lake Worth Beach's restaurants, boutiques, art galleries, entertainment, and year-round community events. Beautiful beaches, Bryant Park, the Snook Islands, and nearby golf courses are all within convenient reach. With Palm Beach Island, Palm Beach International Airport, Brightline, Tri-Rail, and I-95 nearby, the location offers excellent connectivity throughout South Florida. Combining a sought-after coastal setting, convenient access to local attractions, and flexible investment possibilities, this property is an opportunity investors won't want to overlook. Bring your vision and explore the potential of this Lake Worth Beach investment!
Listing Details MLS# B26076478
General Property Information
- Number Of Units Total
- 2
- Property Sub Type
- Duplex
- Building Area Main
- 1756
- Building Area Source
- Public Records
- Living Area Main
- 1696
- Living Area Source
- Public Records
- Accessibility Features YN
- No
- Year Built
- 1920
- Parking Total
- 8
- Gated Community YN
- No
- Lot Size Area
- 3375.9
- Lot Size Acres
- 0.08
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 2
- Stories
- 2
- Pool Private YN
- No
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 525000
- Negotiable Seller Concessions YN
- Yes
- Listing Service
- Full Service
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 225
- Street Direction Prefix
- N
- Street Name
- M
- Street Suffix
- Street
- Unit Number
- Yes
- City Name
- Lake Worth Beach
- Municipality Type
- Incorporated
- Municipal Code
- 38
- State Or Province
- FL
- Postal Code
- 33460
- Postal Code +4
- 3421
- Postal Zip
- 33460
- Subdivision Name
- LAKE WORTH TOWN
- Development Name
- LAKE WORTH TOWN
- 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
- 38434421150460200
- Subdivision Number
- 15
- Zoning
- MF-30 (city)
- Flood Zone
- X
- Directions
- I-95 to 10th Ave N exit, go East to Dixie Hwy. Turn right going South on Dixie Hwy, turn left on 2nd Ave N, turn left on N M St. Property will be on the left side of the street.
Financial Information
- Master Association YN
- No
- Tax Annual Amount
- 8470.92
- Tax Year
- 2025
- Tax Legal Description
- TOWN OF LAKE WORTH LT 20 BLK 46
Status Change Information
- Major Change Timestamp
- 2026-10-26T14:38:23Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-10-26T14:38:23Z
- Status Change Date
- 2026-09-15
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
- No
Pet Details
- Pet Fee YN
- No
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
- Leasing - Minimum Number of Days
- 365
Unit 1 Details
- Actual Rent
- 1750
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
- Hotel Room YN
- No
- SqFt
- 896
Unit 1 Lease Description
- Currently Leased YN
- Yes
- Lease Term
- Month To Month
- Lease Expiration
- 2026-10-31
- Occupant Type
- Tenant
Unit 1 Parking Details
- Carport YN
- No
- Garage YN
- No
Unit 2 Details
- Actual Rent
- 2600
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Furnished
- Hotel Room YN
- No
- SqFt
- 800
Unit 2 Lease Description
- Currently Leased YN
- Yes
- Lease Term
- Month To Month
- Lease Expiration
- 2026-10-31
- Occupant Type
- Tenant
Unit 2 Parking Details
- Carport YN
- No
- Garage YN
- No
Price Calculations
- Current Price To SqFt
- 294.75
Originating Details
- Originating System Key
- 20260911165229403931000000
- Originating System ID
- M00000170
