Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a good cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion. Live in one, rent out the other. Currently, the East Unit is rented, and the West Unit is vacant. Lake Worth Beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding West Palm Beach and Lake Worth Beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the City of Lake Worth Beach.
For sale
Price cut: $15K (7/6)
$495,000
1202 S M Street, Lake Worth Beach, FL 33460
2beds
2baths
1,120sqft
Duplex, Multi Family, Multi Family
Built in 1962
-- sqft lot
$484,600 Zestimate®
$442/sqft
$-- HOA
What's special
Oversized corner lot
- 120 days
- 250
- 11
Zillow last checked:
Listing updated:
Listed by:
Christopher J Infante 786-348-7065,
Illustrated Properties LLC (Co
Source: BeachesMLS,MLS#: B26027722
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric, Wall Furnace
Cooling
- Ceiling Fan(s), Electric, Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Ceramic Tile, Tile
- Windows: Metal, Single Hung, Sliding
Interior area
- Total structure area: 1,336
- Total interior livable area: 1,120 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Exterior features: None, Outdoor Living Area, Room For Pool
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 6,750 Square Feet
- Dimensions: 50.0 ft x 135.0 ft
- Features: Corner Lot, Oversized Lot, < 1/4 Acre
Details
- Parcel number: 38434427010560080
- Zoning: SF-R(c
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: LAKE WORTH TOWN OF ADD 1
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $419,698
- Annual tax amount: $9,854
- Date on market: 5/12/2026
- Cumulative days on market: 120 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$484,600
$460,000 - $509,000
$2,003/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $1,650-2.9%$1/sqft |
Source: BeachesMLS #B26059154 Report a problem | ||
| 8/1/2026 | Listed for rent | $1,700$2/sqft |
Source: BeachesMLS #B26059154 Report a problem | ||
| 7/6/2026 | Price change | $495,000-2.9%$442/sqft |
Source: | ||
| 6/11/2026 | Price change | $510,000-2.9%$455/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $525,000+31.3%$469/sqft |
Source: | ||
| 5/1/2026 | Listing removed | $1,700$2/sqft |
Source: BeachesMLS Report a problem | ||
| 4/14/2026 | Listed for rent | $1,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/13/2025 | Sold | $400,000-24.4%$357/sqft |
Source: | ||
| 12/28/2024 | Listed for sale | $529,000+6.2%$472/sqft |
Source: | ||
| 5/21/2024 | Listing removed | -- |
Source: BeachesMLS #R10986978 Report a problem | ||
| 5/13/2024 | Listed for rent | $1,700-2.9%$2/sqft |
Source: BeachesMLS #R10986978 Report a problem | ||
| 2/20/2024 | Listing removed | -- |
Source: BeachesMLS #R10941764 Report a problem | ||
| 12/8/2023 | Listed for rent | $1,750$2/sqft |
Source: BeachesMLS #R10941764 Report a problem | ||
| 9/29/2023 | Sold | $498,000-0.2%$445/sqft |
Source: | ||
| 9/13/2023 | Pending sale | $499,000$446/sqft |
Source: | ||
| 8/23/2023 | Listed for sale | $499,000+9.7%$446/sqft |
Source: | ||
| 6/26/2023 | Listing removed | $454,900$406/sqft |
Source: | ||
| 6/22/2023 | Price change | $454,900-1.1%$406/sqft |
Source: | ||
| 6/16/2023 | Price change | $459,900-2.1%$411/sqft |
Source: | ||
| 6/8/2023 | Listed for sale | $469,990$420/sqft |
Source: | ||
| 6/6/2023 | Contingent | $469,990$420/sqft |
Source: | ||
| 5/14/2023 | Price change | $469,990-0.5%$420/sqft |
Source: | ||
| 5/3/2023 | Listed for sale | $472,500+0.5%$422/sqft |
Source: | ||
| 2/17/2023 | Listing removed | -- |
Source: | ||
| 1/10/2023 | Price change | $470,000-4.1%$420/sqft |
Source: | ||
| 12/25/2022 | Listed for sale | $490,000+32.4%$438/sqft |
Source: | ||
| 7/11/2022 | Sold | $369,999+209.6%$330/sqft |
Source: | ||
| 10/24/2013 | Sold | $119,500+92.7%$107/sqft |
Source: Public Record Report a problem | ||
| 5/10/2000 | Sold | $62,000+72.2%$55/sqft |
Source: Public Record Report a problem | ||
| 11/1/1993 | Sold | $36,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,853 +7.8% | $404,786 +10% |
| 2024 | $9,136 +17.3% | $367,987 +18.7% |
| 2023 | $7,787 +59.3% | $310,122 +102.5% |
| 2022 | $4,887 +10.7% | $153,156 +10% |
| 2021 | $4,414 +6.4% | $139,233 +10% |
| 2020 | $4,148 +5.1% | $126,575 +10% |
| 2019 | $3,946 | $115,068 -1.8% |
| 2018 | $3,946 +18.5% | $117,123 +10% |
| 2017 | $3,329 +6.8% | $106,476 +23.2% |
| 2016 | $3,118 +5.7% | $86,452 +10% |
| 2015 | $2,949 +7.4% | $78,593 +10% |
| 2014 | $2,747 +37.7% | $71,448 +61.1% |
| 2013 | $1,994 +10.2% | $44,353 +10% |
| 2012 | $1,810 -0.9% | $40,321 +0.1% |
| 2011 | $1,826 -17.7% | $40,284 -28.7% |
| 2010 | $2,219 -13.1% | $56,533 -22.6% |
| 2009 | $2,555 -32.3% | $73,036 -55.8% |
| 2008 | $3,773 -2.7% | $165,273 -7.4% |
| 2007 | $3,878 -15% | $178,437 -7% |
| 2006 | $4,561 | $191,858 +58.7% |
| 2005 | -- | $120,862 +141.7% |
| 2004 | $839 +691.5% | $50,000 |
| 2003 | $106 -92.6% | $50,000 |
| 2002 | $1,434 +78.9% | $50,000 |
| 2001 | $801 +59.2% | $50,000 +27.1% |
| 2000 | $504 +33.6% | $39,344 -4.2% |
| 1999 | $377 | $41,056 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sosa/Pineapple Beach
Nearby schools
Schools provided by the listing agent
- Elementary: Barton
- Middle: Lantana Community
- High: Lake Worth
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





