727 S M Street, Lake Worth Beach, FL 33460 (MLS# B26015914)

727 S M Street, Lake Worth Beach, FL 33460

New Listing

$530,000

Virtual Tour

https://www.propertypanorama.com/727-S-M-Street-Lake-Worth-Beach-FL-33460--B26015914/unbranded

Property Type: Residential Income Square Footage: 1,079 Status: Active

Current Price: $530,000 List Date: 4/15/2026 Last Modified: 4/15/2026

Overview

Description

Discover a versatile income producing investment in the heart of Lake Worth Beach! This fully fenced duplex offers both charm and functionality, featuring a 1-bedroom/1-bath cottage rented for $1,600 per month and a 3-bedroom/1-bath home rented for $2,450 on one lot. Both units are equipped with new AC systems, newer roofs, and in-unit washer and dryer for modern comfort. Located just minutes from the beach and vibrant downtown, this property is ideal for seasoned investors seeking strong rental income or for new investors who want to live in one unit while generating income from the other. With its prime location and move-in-ready features, this duplex is a rare find in today's market.

Listing Details MLS# B26015914

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1079
Building Area Source: Public Records
Living Area Main: 1079
Living Area Source: Public Records
Adjusted Area Main: 1079
Accessibility Features YN: No
Year Built: 1950
Parking Total: 2
Gated Community YN: No
Lot Size Area: 6750
Lot Size Acres: 0.15
Lot Size Dimensions: 50.0 ft x 135.0 ft
Senior Community YN: No
Stories Total: Yes
Stories: Yes
Pool Private YN: No
LP/Assessed Value: 1.3

Property Features

Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Rent Rolls Electric: Three Phase Exterior Features: None Fencing: Fenced Flooring: Tile; Wood Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Cable TV; Electricity; Gas; Sewer; Water Source Of Expenses: Books Construction Materials: CBS; Concrete; Frame Cooling: Ceiling Fan(s); Central Air Heating: Central; Window/Wall Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Electricity Connected; Natural Gas Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Occupied; See Remarks Occupant Details: Tenant Occupied Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Built-in Shelves Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Interior Features: Walk-In Closet(s) Unit 2 Other Equipment: Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Laundry Room Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 530000
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: 727
Street Direction Prefix: S
Street Name: M
Street Suffix: Street
City Name: Lake Worth Beach
Municipality Type: Incorporated
Municipal Code: 38
State Or Province: FL
Postal Code: 33460
Postal Code +4: 4917
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Geographic Area: PB16
Elementary School: South Grade
Middle Or Junior School: Lake Worth
High School: Lake Worth
Special Assessment YN: No
Parcel Number: 38434421152150150
Subdivision Number: 15
Zoning: SF-R (city)
Flood Zone: X
Directions: 6th avenue East to Dixie Hwy and head south to 8th ave N. Turn left onto S M St. Property located on left hand side.

Financial Information

Master Association YN: No
Tax Annual Amount: 10020.21
Tax Year: 2025
Tax Assessed/SOH Value: 408433
Tax Legal Description: TOWN OF LAKE WORTH LT 15 BLK 215
Assessor Market Value: 408433
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-04-15T20:36:27Z
Major Change Type: New Listing
Status Change Date: 2026-04-15

More Information

Meter Information

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

Income and Expenses

Annual Total Expense: 4080
Gross Income: 51000
Net Operating Income: 47000

Pet Details

Pet Fee YN: No

Storm Protection

Other Protection: Partial

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 2450
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1100

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-10-31
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 615

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-06-30
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 491.19

Originating Details

Originating System Key: 20260415200935191598000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Exterior Features

None: Yes

Flooring

Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Last Months Rent: Yes
Deposit - Security: Yes
Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

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

Heating

Central: Yes
Window/Wall: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Occupied: Yes
See Remarks: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Unit 1 Appliances

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

Unit 1 Interior Features

Built-in Shelves: Yes

Unit 1 Other Equipment

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

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

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

Unit 2 Interior Features

Walk-In Closet(s): Yes

Unit 2 Other Equipment

Smoke Detector(s): Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Laundry Room: Yes

Acreage Description

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

Listing Office: American Investment Solutions

Last Updated: April - 15 - 2026

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