2405-2407 N East Coast Street, Lake Worth Beach, FL 33460

$750,000
Property Type: Residential Income Square Footage: 2,299 Status: Active
Current Price: $750,000 List Date: 8/31/2026 Last Modified: 9/03/2026

Overview

Description

CASH FLOWING TRIPLEX ON MASSIVE QUADRUPLE SIZED LOT NEAR HISTORIC COLLEGE PARK, JUST SOUTH OF WEST PALM, AND MINUTES TO THE BEACH OR INTRACOASTAL. FEATURES A 3 BEDROOM TWO BATHROOM HOUSE AND TWO EFFICIENCY UNITS IN A SEPARATE BUIILDING. MULTI-FAMILY PROPERTY USE CODE MAY ALLOW FOR ADDITIONAL UNITS TO BE BUILT ON THE PROPERTY. THE SINGLE-STORY LAYOUT PROVIDES FOR STRAIGHTFORWARD PROPERTY MANAGEMENT AND ACCESSIBILITY. POSITIONED AS AN INVESTMENT OPPORTUNITY, THIS MULTI-UNIT RESIDENCE PRESENTS AS AN OPTION FOR THOSE SEEKING DIVERSIFIED REAL ESTATE HOLDINGS. THE PROPERTY'S STRUCTURE SUPPORTS MULTIPLE OWNERSHIP INCOME STREAMS WITHIN ONE CONVENIENTLY DESIGNED PACKAGE.

Listing Details MLS# B26070473

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
2299
Building Area Source
Public Records
Living Area Main
1953
Living Area Source
Assessor
Accessibility Features YN
No
Year Built
1945
Parking Total
12
Gated Community YN
No
Lot Size Area
12000
Lot Size Acres
0.28
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Investment Analysis; Rent Rolls Electric: Three Phase Exterior Features: Barbecue; Garden Fencing: Fenced Flooring: Laminate; Tile; Vinyl; Wood Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex; House; Triplex Tenant Pays: Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: Stucco; Other Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Electric; Window/Wall Listing Terms: Cash; Conventional; Cryptocurrency; FHA; VA Loan Lot Features: Sidewalks Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County; No Homestead Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered Porch Details: Porch - Open Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Split Bedroom Plan Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street; Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Dishwasher; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: On Street; Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
750000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2405-2407
Street Direction Prefix
N
Street Name
East Coast
Street Suffix
Street
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
Worthmore Park
Area
5620
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
38434416050130010
Zoning
SFR-MultiFamily

Financial Information

Master Association YN
No
Tax Annual Amount
10367
Tax Year
2025
Tax Legal Description
WORTHMORE PARK LOTS 1 TO 4 INC BLK 13

Status Change Information

Major Change Timestamp
2026-08-31T17:55:09Z
Major Change Type
New Listing
Status Change Date
2026-08-31

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

Income and Expenses

Annual Total Expense
18000
Gross Income
66000
Net Operating Income
48000

Pet Details

Pet Fee YN
No

Leasing Restrictions

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

Unit 1 Details

Actual Rent
3000
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1674

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-31
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
Yes
Attached Garage YN
Yes

Unit 2 Details

Actual Rent
1250
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
Hotel Room YN
No
SqFt
300

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
1250
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
SqFt
300

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-31

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
384.02

Originating Details

Originating System Key
20260831173842471763000000
Originating System ID
M00000170
IDX
Listing Office: United Realty Group, Inc
Source MLS Verified
Last Updated: September - 03 - 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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