305 S K Street, Lake Worth Beach, FL 33460
$450,000
Property Type:
Residential Income
Square Footage:
1,386
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$450,000
List Date:
2/23/2026
Last Modified:
3/06/2026
Description
Income-producing duplex in the heart of Lake Worth Beach, Florida, just three blocks south of Lake Ave -- steps from restaurants, nightlife, and downtown entertainment. This property features a 2016 roof and a recently replaced shared water heater. Each unit has its own window A/C units. Both units are 1-bedroom, 1-bathroom with an additional bonus room that can serve as a small second bedroom or home office. Each unit offers an adequate living room area and compact kitchen with gas range and refrigerator. The upper unit also features a dining area. The building is toward the rear of the lot with on-site parking, leaving usable frontage that may be enhanced or modified as permitted. Excellent opportunity for investors seeking steady rental income in a prime walkable location.
More Information MLS# R11166060
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-02-23
Status: Active
Original List Price: 450000
List Price: $450,000
Current Price: $450,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Country: United States
Street Number: 305
Street Direction Prefix: S
Street Name: K
Street Suffix: Street
State Or Province: FL
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Elementary School: South Grade
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 38434421151150181
Zoning: SF-R(c
General Property Information
Living Area Main: 1296
Lot Size Dimensions: 47.0 ft x 135.0 ft
Gated Community YN: No
Lot Size Area: 6345
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1386
Building Area Source: Public Records
Year Built: 1931
Lot Size Acres: 0.15
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Gas: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Construction Materials
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Fruit Tree(s): 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 15472
Gross Income: 38760
Net Operating Income: 23288
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Occupied: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1550
Baths Full: 1
Furnished: Unfurnished
SqFt: 648
Unit 1 Lease Description
Lease Expiration: 2026-11-30
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1650
Baths Full: 1
Furnished: Unfurnished
SqFt: 648
Unit 2 Lease Description
Lease Expiration: 2026-07-30
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 347.22
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 7788.71
Tax Year: 2025
Tax Legal Description: TOWN OF LAKE WORTH S 22 FT OF LT 18 & LT 19 BLK 115
Status Change Information
Major Change Timestamp: 2026-02-23T19:50:37Z
Major Change Type: New Listing
Status Change Date: 2026-02-23
Originating Details
Originating System Key: 20260223174639471019000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Flooring: Tile; Wood
Property Condition: Resale
Tenant Pays: Electricity; Gas
Source Of Expenses: Owner Provided
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Fruit Tree(s)
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Natural Gas Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Occupied
Occupant Details: Tenant Occupied
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
Blue View Real Estate
Last Updated: March - 06 - 2026
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