The Seahorse Suites, comprised of three cottages encompassing five units, that have been well cared for and recently renovated. The property is ideally situated within two short blocks of emerging Lake Avenue restaurants and shops and a beautiful bike ride over the Lake Avenue bridge to the pristine beaches of Palm Beach.SS is being sold fully furnished and equipped with the owners having put 2 new roofs on the main buildings positioning the property as a true turn key opportunity.The property has great air bnb potential.Currently the owners use Hello Landing for management and leasing platformwho focus on renting fully furnished, executive apartments short term.There are 4 other properties within 1 mile,fully furnished and turn key that can be purchased along with Seahorse Suites.
Sold for $1,050,000
$1,050,000
216 S M St, Lake Worth, FL 33460
3beds
4baths
2,521sqft
Quadruplex
Built in 1926
-- sqft lot
$1,020,800 Zestimate®
$417/sqft
$2,305 Estimated rent
Home value
$1,020,800
$898,000 - $1.16M
$2,305/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Alexis Shapiro 954-573-4449,
ONE Commercial LLC
Bought with:
Maria Termotto, 3266347
Keller Williams Realty/P B
Source: MIAMI,MLS#: A11410622
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl, Wood
- Furnished: Yes
Interior area
- Total structure area: 2,707
- Total interior livable area: 2,521 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 38434421150930050
- Zoning: MU-E (ci
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Built-Up
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Lake Worth Town Of
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $822,151
- Annual tax amount: $13,661
- Date on market: 3/1/2023
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2023 | Sold | $1,050,000-4.5%$417/sqft |
Source:  MIAMI #A11410622 Report a problem | ||
| 8/7/2023 | Contingent | $1,100,000$436/sqft |
Source: MIAMI #A11410622 Report a problem | ||
| 6/28/2023 | Listed for sale | $1,100,000+53.8%$436/sqft |
Source: MIAMI #A11410622 Report a problem | ||
| 12/6/2021 | Sold | $715,000+104.3%$284/sqft |
Source: Public Record Report a problem | ||
| 6/8/2017 | Sold | $350,000+59.1%$139/sqft |
Source: Public Record Report a problem | ||
| 10/14/2003 | Sold | $220,000+60%$87/sqft |
Source: Public Record Report a problem | ||
| 9/19/2002 | Sold | $137,500$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,387 -0.4% | $822,151 +1.6% |
| 2024 | $20,471 +53.8% | $809,009 +63.4% |
| 2023 | $13,311 -2.6% | $495,077 -2% |
| 2022 | $13,661 +48% | $505,426 +69.4% |
| 2021 | $9,232 +7.9% | $298,330 +10% |
| 2020 | $8,560 -1% | $271,209 -1.2% |
| 2019 | $8,646 | $274,448 +6.9% |
| 2018 | $8,646 +7% | $256,770 +37.8% |
| 2017 | $8,083 +32.5% | $186,274 +25.9% |
| 2016 | $6,099 +11.4% | $147,967 +10% |
| 2015 | $5,473 +4.5% | $134,515 +10% |
| 2014 | $5,238 +13.7% | $122,286 +20.9% |
| 2012 | $4,609 -23.9% | $101,179 -36.5% |
| 2010 | $6,059 +16.3% | $159,221 -18.1% |
| 2009 | $5,209 -10.2% | $194,527 -20% |
| 2008 | $5,799 -12.8% | $243,131 -10.3% |
| 2006 | $6,651 | $271,008 +156.6% |
| 2005 | -- | $105,632 +5.2% |
| 2004 | $1,685 +433.3% | $100,425 +10.3% |
| 2003 | $316 -80.5% | $91,032 +22.6% |
| 2002 | $1,624 -0.5% | $74,246 +2.8% |
| 2001 | $1,631 +13.7% | $72,227 +10.3% |
| 2000 | $1,435 +32.3% | $65,453 -2.5% |
| 1999 | $1,084 | $67,114 |
Find assessor info on the county website
Neighborhood: Downtown Jewel
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10South Grade Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Lake Worth Community Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 0.9 mi
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Estimated market value
$1,020,800
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Estimated market value
$1,020,800
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