TOWN OF LAKE WORTH / DOWNT
216 S L Street, FL 33460
3 beds · 2 baths · 1,310 ft²
3
Bedrooms
2
Bathrooms
1,310
Sq. Ft.
1925
Year Built
1
Garage
1
Stories
223
Days on Market
Description
Great Investment Opportunity in the Heart of Downtown Lake Worth Beach! Two blocks from the epicenter of town & less than a mile to our beautiful beaches! Charming exterior, spacious interior, attached apartment & a detached garage offers multiple avenues for potential income. Sold As-Is, furnished w/ recent updates including fresh paint, new landscaping, fence, deck, new lighting, spray insulation, Roof 2021 & A/C 2020. Water Heater 2017. Well-maintained property. MF-20 Zoning allows for multiple dwelling structures on the lot to further increasing returns. Flexibility & financial opportunity in the most desired area of LWB! See Supplement. * Zoned for multi-family use (MF-20), the lot allows for up to three residential units! PREVIOUS RENTAL RATES 2023 * Front House was receiving $3,500 per month on an annual lease for the previous 2.5 years. * Apartment Income: $2,200 per month on an annual lease for the past 2.5 years. * Current rental rates vary and may not reflect the previous rental rates. Current ROI is 12% With adaptation of cottage as 3rd unit new owner ROI potential is 10% up to 14%
Facts
- MLS#
- R11007371
- Subdivision
- TOWN OF LAKE WORTH / DOWNT
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 0 acres
- Sq. Ft.
- 1,310 ft²
- Sq. Mt.
- 122 m²
- Price per sq. ft.
- $401/ft²
- Price per sq. mt.
- $4,303/m²
- Stories
- 1
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 223 days
- Listed
- Jul 25, 2024
- Last Updated
- Sep 29, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for ZIP 33460
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
39
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 9/29/2026 | Sold | $525,000 |
| 3/3/2025 | Price change | $525,000-6.5% |
| 7/25/2024 | Listed for sale | $561,398 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Estimated Monthly Payment
$3,382/mo
Principal & Interest
$2,794
Property Tax
$438
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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