$1,050,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
216 S M St Lake Worth, FL 33460
2,521 SqFt
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,521 sqft
Price per Sqft $416
Subdivision Lake Worth Town Of
MLS Listing ID A11410622
Sold Date 10/02/23
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1926
Annual Tax Amount $13,661
Tax Year 2022
Contingent Backup Contract/Call LA
Property Description
The Seahorse Suites, comprised of three cottages encompassing five units, that have been well
cared for and recently renovated. The property is ideally situated within two
short blocks of emerging Lake Avenue restaurants and shops and a beautiful bike ride
over the Lake Avenue bridge to the pristine beaches of Palm Beach.SS is being sold fully furnished and equipped
with the owners having put 2 new roofs on the main buildings positioning the property as a true turn key opportunity.The property has great air bnb potential.Currently the owners use Hello Landing for management and leasing platformwho focus on renting fully furnished, executive apartments short term.There are 4 other properties within 1 mile,fully furnished and turn key that can be purchased along with Seahorse Suites.
Location
State FL
County Palm Beach County
Community Lake Worth Town Of
Area 5580
Direction 2 block south of lake avenue on M street. Take 6th Ave to go N and 10th Ave to go south on I 95
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl, Wood
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Built-Up
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Frame
Construction Status Effective Year Built
Others
Tax ID 38434421150930050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Keller Williams Realty/P B