Tour
$5,819 Closing Credit¹
#RX-11084270, Virgil Bennett, Listing Office: Partnership Realty Inc.
#RX-11080470·
Listing office: RPM LUXE REALTY·
Listing agent: Rodger P Morelli·
Listing agent phone: (561) 929-7317·
Listing office phone: (561) 929-7317
$480,000 List price
1229 S M St Lake Worth Beach, FL 33460
$5,700
Closing credit¹
1,246 sqft
$385 / sqft
Multi-Family
Property details
About 1229 S M St
Amazing income & investment opportunity. Currently operating at a 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more. Just sit back and collect $. The owner has done all the hard work here for the new owners. 100% Occupied with great Tenants.
Highlights
Home typeDuplex
HeatingOther
StatusActive
CoolingElectric
Size1,246 sqft
Year built1957
MLS #RX-11080470
ViewOther
Virtual tour
Summary
- Flooring Type: Ceramic Tile
- Private Pool: No
- Waterfront: None
- View: Other
- Exterior: Room for Pool, Shutters
- Heating: Other
- Cooling: Electric
- List Price: $480,000
- Price/SqFt: $385
- HOA Amount: $0
- HOA Frequency: Monthly
- Year Built: 1957
- Stories: 1
- Living Area: 1,246 SqFt
- MLS Number: RX-11080470
- Office Name: RPM LUXE REALTY
- Office Phone: (561) 929-7317
- Listing Agent: Rodger P Morelli
- Agent Phone: (561) 929-7317
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 5:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
1229 S M St
$5,700
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
South Grade Elementary School
Public Magnet PK-5
0.5 mi
•716 S K St
4
Barton Elementary School
Public District PK-5
0.8 mi
•1700 Barton Rd
4
Lantana Elementary School
Public District PK-5
1.2 mi
•710 W Ocean Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,914. The most common annual income of people living in Lake Worth Beach, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
46%
<35k
49%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
24%
Single, with Kids
10%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1229 S M St in Lake Worth Beach, FL and zip code 33460 in the S.O.S.A. neighborhood. This 1,246 square foot home was built in 1957. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $480,000.
Over 7 listings were sold over their listed price in April 2025 in Lake Worth Beach, FL. In the same period over 109 listings were sold below the listed price and 28 listings were sold for the listed price. The inventory of homes for sale in Lake Worth Beach, FL between March and April 2025 increased by 8.9%. While the average time on the market in April 2025 was 55 days, the median list price was $468,478.
From Rocket Homes Real Estate and based on county public records data.