Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a stellar 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, add more units, or create a compound! 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
:
Get pre-qualified$3,346/mo
Duplex, Multi Family, Multi Family
Built in 1962
-- sqft lot
$482,200 Zestimate®
$442/sqft
$-- HOA
What's special
Oversized corner lot
- 74 days |
- 198 |
- 8 |
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: 74 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
$482,200
Estimated sales range
$458,000 - $506,000
Rent Zestimate®
$1,983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
GreatSchools rating
- 3/10Barton Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Lantana Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 1.3 mi
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.
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