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Sold for $580,000
  • $580,000

    618 3rd Avenue S, Lake Worth Beach, FL 33460

    --beds
    2baths
    1,320sqft
    Duplex, Multi Family, Multi Family
    Built in 1966
    -- sqft lot
    $573,900 Zestimate®
    $439/sqft
    $2,324 Estimated rent

    Home value

    $573,900

    $517,000 - $643,000

    $2,324/mo

    Zestimate® history
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    $2,324/mo

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    $3,921/mo

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    $3,921/mo

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    What's special

    Completely remodeled 1 year ago. Roof 2018. Unique investment opportunity. Tenants in place! Unit 1 tenant lease expires September 30, 2025. Unit 2 tenant lease expires February 20, 2025. Have you been looking for an income-producing property where you can live and collect rent to offset expenses? BINGO! Two 1/1 units, all utilities separately metered (water, sewer, electric and gas), with 3 off-street parking spaces for Unit 1 (including a 1-car garage); Unit 2 enjoys a fenced backyard with patio and separate laundry room with storage. Just 2 blocks from buzzing downtown Lake Worth Beach. Perfect scenario for snowbird who wants a comfortable home that is an easy walk to town and the beach. Each unit is a spacious 1/1 with luxury vinyl flooring, washer/dryer, white Shaker kitchens, floating shelves, stainless appliances (gas range), Shaker vanity in bathrooms, gas hot water heater. Lake Worth Beach has one of the best walkability ratings in the nation. It offers a great quality of life for its residents. There's always something going on. Grab your bag and head to the waterfront Green Market on Saturday. Enjoy an afternoon viewing the wildlife from the Snook Island boardwalk along the Intracoastal. Grab your golf clubs and play 18 holes at the waterfront public golf course. Rent a kayak at the Bryant Park waterfront or spend the day at the beach where you will find shops, restaurants and a 300' pier where you can fish or just enjoy a leisurely stroll. Take in a live performance at the Lake Worth Playhouse. Visit the many art galleries, the Benzaiten Center for Arts (glassblowing), and our very own microbrewery Mathews Brewery. There are many outdoor festivals for your enjoyment throughout the year. Centrally located to Palm Beach International Airport, Tri Rail, downtown West Palm and the glitzy Island of Palm Beach. Come and enjoy South Florida living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Erin Allen 561-312-5925,

    Illustrated Properties LLC,

    Jon Allen 561-312-8713,

    Illustrated Properties LLC

    Bought with:

    Diane C Keane, 3100108

    Coldwell Banker Realty /Delray Beach

    Source: BeachesMLS,MLS#: R11031014MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Heating
    • Central, Electric, Heat Strip
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Features
    • Flooring: Vinyl
    • Windows: Blinds
    Interior area
    • Total structure area: 1,896
    • Total interior livable area: 1,320 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Fencing: Fenced
    • Waterfront features: None
    Lot
    • Size: 4,251 Square Feet
    • Features: Corner Lot, < 1/4 Acre
    Details
    • Parcel number: 38434421150890012
    • Zoning: MF-20(

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Block
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1966

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: LAKE WORTH TOWN OF
    HOA
    • Has HOA: No
    • Amenities included: Trail(s)
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $439/sqft
    • Tax assessed value: $411,137
    • Annual tax amount: $8,134
    • Date on market: 10/23/2024
    • Cumulative days on market: 32 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Cable TV, Electricity, Gas, Sewer, Water

    Price history

    DateEventPrice
    3/18/2025Listing removed$2,200$2/sqft
    Source: BeachesMLS #R11069017 Report a problem
    3/7/2025Listed for rent$2,200$2/sqft
    Source: BeachesMLS #R11069017 Report a problem
    12/27/2024Sold$580,000-7.1%$439/sqft
    Source: BeachesMLS #R11031014 Report a problem
    12/13/2024Pending sale$624,000$473/sqft
    Source: BeachesMLS #RX-11031014 Report a problem
    11/11/2024Price change$624,000-3.9%$473/sqft
    Source: BeachesMLS #RX-11031014 Report a problem
    10/23/2024Listed for sale$649,000+20.4%$492/sqft
    Source: BeachesMLS #RX-11031014 Report a problem
    7/17/2023Listing removed--
    Source: Illustrated Properties Report a problem
    7/8/2023Pending sale$539,000$408/sqft
    Source: Illustrated Properties #RX10902595 Report a problem
    7/8/2023Contingent$539,000$408/sqft
    Source: BeachesMLS #RX-10902595 Report a problem
    7/7/2023Listed for sale$539,000+73.9%$408/sqft
    Source: BeachesMLS #RX-10902595 Report a problem
    3/16/2022Sold$310,000+295.9%$235/sqft
    Source: Public Record Report a problem
    3/23/2001Sold$78,300$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,896 +9.6%$411,137 +14.8%
    2024$9,031 +11%$358,265 +10%
    2023$8,134 +61%$325,695 +138.3%
    2022$5,051 +13.8%$136,683 +10%
    2021$4,437 +6%$124,257 +10%
    2020$4,186 +6.8%$112,961 +10%
    2019$3,919 $102,692 -29.5%
    2018$3,919 +17.7%$145,754 +18.2%
    2017$3,329 +8.7%$123,306 +59.8%
    2016$3,064 +9.1%$77,154 +10%
    2015$2,809 +11.7%$70,140 +10%
    2014$2,514 +9.6%$63,764 +10%
    2013$2,294 +8.9%$57,967 +10%
    2012$2,107 -4.6%$52,697 -5.7%
    2011$2,209 -18.6%$55,906 -27.1%
    2010$2,714 -7.5%$76,703 -25.1%
    2009$2,933 -3.7%$102,436 -22.4%
    2008$3,048 -13.2%$131,957 -18%
    2007$3,513 -17.2%$161,006 -9.5%
    2006$4,241 $177,977 +41.6%
    2005-- $125,674 +34.8%
    2004$1,564 +1375.5%$93,208 +15.2%
    2003$106 -94.2%$80,938 +25.8%
    2002$1,814 +16.8%$64,322 +23.3%
    2001$1,552 +12.1%$52,155 +12.3%
    2000$1,384 +11.5%$46,453 +1.6%
    1999$1,242 $45,730
    Find assessor info on the county website

    Neighborhood: Downtown Jewel

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $573,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $573,900