1204 Mathis St Active

Lake Worth,FL 33461

$ 599900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10465739

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 38332

Year Built 1958

Annual Tax Amount $5,088

Tax Year 2023

Lot Size 0.880 Acres

Property Description

.88 ACRE PARCEL HERE JUST NEXT TO ATLANTIS. CURRENTLY ZONED MULTIFAMILY RESIDENTIAL WHICH ALLOWS YOU TO BUILD UP TO 9 UNITS ON THIS LAND. LAND CURRENTLY BOASTS 2 LIVING UNITS. FIRST UNIT IS A 2 BEDROOM 1 BATHROOM, SECOND UNIT IS A STUDIO UNIT. BOTH TENANT OCCUPIED AT MONTH MONTH. PLEASE DO NOT DISTURB TENANTS. LAND IS ALSO LARGE ENOUGH TO PARK ALL YOUR WORK TRUCKS ON SITE! LIVE IN ONE OF THE UNITS, RENT THE OTHER OUT, AND PARK ALL OF YOUR TRUCKS/EQUIPMENT ON THE PROPERTY! THIS LOT IS REALLY A JACK OF ALL TRADES WITH ENDLESS POSSIBILITIES! STUDIO IS RECENTLY RENOVATED AND IS CURRENTLY BEING RENTED AT $1300 PER MONTH AND THE 2 BEDROOM UNIT IS CURRENTLY BEING RENTED AT $2500 PER MONTH AND IS NEED OF A FULL REMODEL. THIS IS BEING SOLD FOR LAND VALUE.

Location

State FL

County Palm Beach County

Area Palm Beach 5670; 5680; 5700; 5710

Zoning RM

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Story 1.0000

Foundation Concrete Block Construction,Cbs Construction,Wood Siding

Construction Status Resale

Others

Pets Allowed No

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