Income producing property in the heart of Lake Worth Beach just a short walk to Downtown Lake Ave and about one mile to the beach. Prime location near Bryant Park, golf course, and restaurants. Property generates over $6,000 per month with room to increase rents. Produces more income than most triplex properties in the area. Updated units with strong rental demand and on site parking. Ideal for an investor looking for solid cash flow in a high demand market.
Sold for $675,000
$675,000
218 S M St, Lake Worth, FL 33460
3beds
3baths
1,742sqft
Triplex
Built in 1926
-- sqft lot
$676,500 Zestimate®
$387/sqft
$2,329 Estimated rent
Home value
$676,500
$609,000 - $751,000
$2,329/mo
Zestimate® history
Owner options
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$2,329/mo
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$2,329/mo
Rent Zestimate®
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$4,564/mo
Est. payment
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$4,564/mo
Est. payment
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On site parkingUpdated units
Zillow last checked:
Listing updated:
Listed by:
Jose Garcia Jr. 954-770-3027,
Luxury Brand Real Estate LLC
Bought with:
Ashley Alshut, 3317125
LPT Realty, LLC
Blair Ann Alshut, 3378155
LPT Realty, LLC
Source: MIAMI,MLS#: A12008809
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 2,184
- Total interior livable area: 1,742 sqft
Property
Parking
- Total spaces: 5
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 38434421150930040
- Zoning: MU-E (ci
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Spanish
- Property subtype: Triplex
Materials
- Frame With Stucco
- Roof: Concrete
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: $387/sqft
- Tax assessed value: $630,003
- Annual tax amount: $12,606
- Date on market: 4/27/2026
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $675,000+0%$387/sqft |
Source:  MIAMI #A12008809 Report a problem | ||
| 6/9/2026 | Pending sale | $674,999$387/sqft |
Source: MIAMI #A12008809 Report a problem | ||
| 5/4/2026 | Listed for sale | $674,999+51.7%$387/sqft |
Source: MIAMI #A12008809 Report a problem | ||
| 10/13/2020 | Sold | $445,000-4.3%$255/sqft |
Source: MIAMI #A10829050 Report a problem | ||
| 7/10/2020 | Pending sale | $465,000$267/sqft |
Source: ONE Commercial LLC #A10829050 Report a problem | ||
| 3/5/2020 | Listed for sale | $465,000+72.2%$267/sqft |
Source: ONE Commercial LLC #A10829050 Report a problem | ||
| 8/1/2018 | Sold | $270,000+7.8%$155/sqft |
Source: Public Record Report a problem | ||
| 1/22/2015 | Listing removed | $795 |
Source: Palm Beach Island - Valore Group #RX-10103851 Report a problem | ||
| 1/21/2015 | Listed for rent | $795-6.5% |
Source: Palm Beach Island - Valore Group #RX-10103851 Report a problem | ||
| 9/30/2014 | Listing removed | $850 |
Source: Century 21 Tenace Realty Report a problem | ||
| 4/16/2014 | Listed for rent | $850+22.3% |
Source: Century 21 Tenace Realty #RX-10033217 Report a problem | ||
| 11/3/2013 | Listing removed | $695 |
Source: Century 21 Tenace Realty Report a problem | ||
| 10/2/2013 | Listed for rent | $695 |
Source: Zillow Rental Network Report a problem | ||
| 7/14/2004 | Sold | $250,500+33.6%$144/sqft |
Source: Public Record Report a problem | ||
| 7/10/2003 | Sold | $187,500+44.2%$108/sqft |
Source: Public Record Report a problem | ||
| 7/5/2002 | Sold | $130,000+85.7%$75/sqft |
Source: Public Record Report a problem | ||
| 7/1/1998 | Sold | $70,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,605 +3.3% | $464,753 +10% |
| 2024 | $12,207 +9.8% | $422,503 +10% |
| 2023 | $11,119 +5.3% | $384,094 +10% |
| 2022 | $10,560 +21.6% | $349,176 +10% |
| 2021 | $8,683 +33.1% | $317,433 +42% |
| 2020 | $6,521 -0.3% | $223,521 |
| 2019 | $6,540 | $223,521 +17.6% |
| 2018 | $6,540 +31.8% | $190,008 +22.2% |
| 2017 | $4,963 +9.4% | $155,440 +25.9% |
| 2016 | $4,536 +8% | $123,506 +10% |
| 2015 | $4,201 +11.1% | $112,278 +10% |
| 2014 | $3,782 +9% | $102,071 +10% |
| 2013 | $3,468 +5.1% | $92,792 +9.4% |
| 2012 | $3,299 -5.7% | $84,781 -7.2% |
| 2011 | $3,497 -21.2% | $91,379 -29.6% |
| 2010 | $4,436 -9.4% | $129,882 -15.7% |
| 2009 | $4,893 +10% | $154,126 -19.9% |
| 2008 | $4,449 -6.7% | $192,309 -11.6% |
| 2007 | $4,767 -6.8% | $217,545 +2.2% |
| 2006 | $5,113 | $212,843 +136.6% |
| 2005 | -- | $89,976 -23.1% |
| 2004 | $1,963 +1134.8% | $117,000 |
| 2003 | $159 -90.6% | $117,000 +103.3% |
| 2002 | $1,687 -1.4% | $57,538 +2.9% |
| 2001 | $1,712 +10.5% | $55,923 +10.9% |
| 2000 | $1,549 +18.3% | $50,440 +4.7% |
| 1999 | $1,309 | $48,196 |
Find assessor info on the county website
Neighborhood: Downtown Jewel
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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
$676,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$676,500
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