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%
Sold for $518,000
$518,000
216 S L Street, Lake Worth Beach, FL 33460
3beds
1,310sqft
Single Family Residence
Built in 1925
0 Square Feet Lot
$529,000 Zestimate®
$395/sqft
$3,010 Estimated rent
Home value
$529,000
$471,000 - $598,000
$3,010/mo
Zestimate® history
Owner options
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$3,010/mo
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$3,010/mo
Rent Zestimate®
Refinance and save
$3,552/mo
Est. payment
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$3,552/mo
Est. payment
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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
Naomi Freeman, 3459757
United Realty Group, Inc
Source: BeachesMLS,MLS#: R11007371
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 374
- Dimensions: 22 X 17
Kitchen
- Level: Main
- Area: 160
- Dimensions: 16 X 10
Living room
- Level: Main
- Area: 740
- Dimensions: 37 X 20
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, In Garage
Features
- Eat-in Kitchen, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Main Level Primary, Split Bedrooms, Tub Shower
- Flooring: Clay, Tile
- Windows: Blinds, Drapes, Metal, Single Hung, Storm Window(s)
- Has fireplace: Yes
- Fireplace features: Decorative
- Furnished: Yes
Interior area
- Total structure area: 1,658
- Total interior livable area: 1,310 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Unpaved
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Glass Enclosed, Patio, Porch
- Exterior features: Awning(s), Outdoor Living Area
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 0 Square Feet
- Dimensions: 37 x 138 appro x .
- Features: Many Trees
Details
- Additional structures: Barn(s), Outbuilding
- Parcel number: 38434421150910090
- Zoning: MF-20(LOW DEN)
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Metal Siding, Concrete
- Roof: Composition,Mixed,Shingle,Wood Trusses
Condition
- Resale
- New construction: No
- Year built: 1925
Details
- Builder model: MULTI FAMILY/ DUPLEX
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
- Security: Closed Circuit Camera(s), Smoke Detector(s), Security Lights
- Subdivision: TOWN OF LAKE WORTH / DOWNTOWN JEWEL NEIGHBORHOOD
HOA
- Has HOA: No
- Amenities included: Boating, Dog Park, Golf Course, Playground, Park, Sidewalks, Trail(s)
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $395/sqft
- Tax assessed value: $390,521
- Annual tax amount: $8,656
- Date on market: 1/29/2025
- Cumulative days on market: 370 days
- Listing terms: Cash,Conventional,Cryptocurrency,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Sold | $518,000+18.8%$395/sqft |
Source:  BeachesMLS #R11007371 Report a problem | ||
| 4/21/2022 | Sold | $436,000+85.5%$333/sqft |
Source: BeachesMLS #R10753540 Report a problem | ||
| 7/7/2021 | Sold | $235,000+95.8%$179/sqft |
Source: BeachesMLS #R10721945 Report a problem | ||
| 5/8/2013 | Sold | $120,000+18.8%$92/sqft |
Source: Public Record Report a problem | ||
| 7/2/2012 | Sold | $101,000+168.3%$77/sqft |
Source: Public Record Report a problem | ||
| 1/5/2011 | Sold | $37,650+14.4%$29/sqft |
Source: Public Record Report a problem | ||
| 10/7/2010 | Sold | $32,900-26.9%$25/sqft |
Source: Public Record Report a problem | ||
| 9/3/1998 | Sold | $45,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,036 -5.3% | $390,521 -2.7% |
| 2024 | $9,542 +10.2% | $401,554 +10% |
| 2023 | $8,656 +11.2% | $365,049 +13.7% |
| 2022 | $7,786 +44.5% | $321,009 +56% |
| 2021 | $5,390 +6.7% | $205,789 +10% |
| 2020 | $5,050 +6.1% | $187,081 +10% |
| 2019 | $4,762 | $170,074 +3.2% |
| 2018 | $4,762 +14.8% | $164,791 +15.3% |
| 2017 | $4,146 +10.2% | $142,880 +11.8% |
| 2016 | $3,764 +8% | $127,779 +10% |
| 2015 | $3,484 +16.2% | $116,163 +10% |
| 2014 | $2,998 +35.3% | $105,603 +45.7% |
| 2013 | $2,217 +4.4% | $72,474 +7% |
| 2012 | $2,123 -16.1% | $67,702 -18.6% |
| 2011 | $2,531 -2.3% | $83,179 -2.8% |
| 2010 | $2,590 -25.2% | $85,610 -31.7% |
| 2009 | $3,460 -11.2% | $125,338 -27% |
| 2008 | $3,895 -17.9% | $171,684 -22% |
| 2007 | $4,743 -10.3% | $220,147 -1.7% |
| 2006 | $5,290 | $223,957 +235.1% |
| 2005 | -- | $66,832 +3% |
| 2004 | $669 +543.5% | $64,885 +1.9% |
| 2003 | $104 -90.5% | $63,675 +2.4% |
| 2002 | $1,091 -26% | $62,183 +25.5% |
| 2001 | $1,475 +9.4% | $49,543 +9.3% |
| 2000 | $1,348 +15.2% | $45,313 +5.2% |
| 1999 | $1,170 | $43,085 |
Find assessor info on the county website
Neighborhood: Downtown Jewel
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GreatSchools rating
- 5/10South Grade Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Lake Worth Community Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 0.8 mi
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Estimated market value
$529,000
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Estimated market value
$529,000
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