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Sold for $518,000
    • $518,000

    216 So. L Street, Lake Worth Beach, FL 33460

    2beds
    2baths
    1,310sqft
    Duplex, Multi Family, Multi Family, Single Family Residence
    Built in 1925
    -- sqft lot
    $525,500 Zestimate®
    $395/sqft
    $2,281 Estimated rent

    Home value

    $525,500

    $468,000 - $589,000

    $2,281/mo

    Zestimate® history
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    What's special

    Income property in Prime Location! Nestled in the heart of trendy downtown LWB & just minutes to the beach! This Downtown Jewel is the place! Enjoy the beach, our eclectic art scene, restaurants, bars, shops, Golf Club, boating, the intracoastal, parks & more!!! Zoned MF-20. Currently used as an income property. Detached garage may be converted to DU. Recently painted & updated. Roof 2020, A/C 2021, H2O 2017. 2 Separate entrances each w/ private outdoor space & 2 parking spaces. Sold Turnkey w/ stylish furnishings, updated kitchen in the main house, volume ceilings, den, & office. Attached apartment off the back w/ private entrance, private patio, & parking space. Live the Life you've been Dreaming about in this Downtown Jewel! * Zoned for multi-family use (MF-20), the lot allows for up to three residential units! PREVIOUS RENTAL RATES * Front House was receiving $3,500 per month on an annual lease for the past 2.5 years. * Apartment was receiving $2,200 per month on an annual lease for the past 2.5 years. * Current rental rates vary and may not reflect the previous years rental rates. Current ROI is 12% With adaptation of cottage as 3rd unit new owner ROI potential is 10% up to 14%

    Zillow last checked:

    Listing updated:

    Listed by:

    Samantha Lynn Johnsen 954-839-4115,

    RJM Real Estate Corp.

    Bought with:

    Naomi Freeman, 3459757

    United Realty Group, Inc

    Source: BeachesMLS,MLS#: R11007622MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Flooring: Clay, Tile
    • Windows: Blinds, Jalousie, Storm Window(s)
    Interior area
    • Total structure area: 1,658
    • Total interior livable area: 1,310 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: Fixed Bridge
    Lot
    • Size: 5,066 Square Feet
    • Features: < 1/4 Acre
    Details
    • Additional structures: Barn(s)
    • Parcel number: 38434421150910090
    • Zoning: MF-20
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family, Single Family Residence
    Materials
    • Aluminum Siding, Metal Siding, Concrete
    • Roof: Built-Up,Composition,Wood Trusses
    Condition
    • Resale
    • New construction: No
    • Year built: 1925
    Details
    • Builder model: Key West

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Boat Facilities, Street Lights, Sidewalks
    • Subdivision: LAKE WORTH TOWN OF
    HOA
    • Has HOA: No
    • Amenities included: Boating, Golf Course, Playground, Park, Sidewalks, Trail(s)
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $395/sqft
    • Tax assessed value: $299,325
    • Annual tax amount: $8,656
    • Date on market: 3/3/2025
    • Cumulative days on market: 562 days
    • Listing terms: Cash,Conventional,Cryptocurrency,FHA
    • Tenant pays: Cable TV, Electricity, Gas, Insurance, Repairs, Sewer, Water

    Price history

    DateEventPrice
    4/7/2025Sold$518,000-1.3%$395/sqft
    Source: BeachesMLS #R11007622 Report a problem
    3/22/2025Pending sale$525,000$401/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    3/3/2025Price change$525,000-0.8%$401/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    2/12/2025Price change$529,000-0.2%$404/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    12/2/2024Price change$530,000-1.7%$405/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    11/23/2024Price change$539,000-0.2%$411/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    9/27/2024Price change$540,000-1.6%$412/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    9/7/2024Price change$549,000-0.5%$419/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    8/6/2024Price change$552,000-1.7%$421/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    7/27/2024Listed for sale$561,398+713.6%$429/sqft
    Source: BeachesMLS #RX-11007622 Report a problem
    4/28/1999Sold$69,000+885.7%$53/sqft
    Source: Public Record Report a problem
    3/2/1994Sold$7,000$5/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,251 +1.1%$68,048 +2.9%
    2024$1,238 +5.5%$66,130 +3%
    2023$1,173 +1.6%$64,204 +3%
    2022$1,154 -0.3%$62,334 +3%
    2021$1,158 +0.4%$60,518 +1.4%
    2020$1,153 +1.1%$59,682 +2.3%
    2019$1,141 $58,340 +1.9%
    2018$1,141 +2.5%$57,252 +2.1%
    2017$1,113 0%$56,074 +2.1%
    2016$1,113 +1.4%$54,921 +0.7%
    2015$1,098 -1.9%$54,539 +0.8%
    2014$1,120 +0.5%$54,106 +1.5%
    2013$1,114 -0.1%$53,306 +1.7%
    2012$1,115 -8.7%$52,415 -18%
    2011$1,221 +1.1%$63,952 +1.5%
    2010$1,207 +3.8%$63,007 +2.7%
    2009$1,163 +48.7%$61,351 +0.1%
    2008$782 -7.9%$61,290 +3%
    2007$850 -4.5%$59,505 +2.5%
    2006$890 $58,054 +3%
    2005-- $56,363 +3%
    2004$499 +379.5%$54,721 +1.9%
    2003$104 -87.5%$53,701 +2.4%
    2002$833 -1%$52,442 +1.6%
    2001$841 +5.9%$51,616 +3%
    2000$794 -40.2%$50,113 +2.5%
    1999$1,328 $48,914
    Find assessor info on the county website

    Neighborhood: Downtown Jewel

    Nearby schools

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    Estimated market value
    $525,500
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    Estimated market value
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