#RX-11020454, Leo Moadab, Listing Office: PPI Realty Inc.

1229 S M St Lake Worth Beach, FL 33460
Property details
About 1229 S M St
Amazing income & investment opportunity. Currently operating at a 7% Cap Rate. This large and updated 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 EastLake 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
Virtual tour
Summary
- 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: 4/13/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$564,999
1229 S M St
$6,709
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Typical income of Lake Worth Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
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 $564,999.
Over 7 listings were sold over their listed price in March 2025 in Lake Worth Beach, FL. In the same period over 99 listings were sold below the listed price and 19 listings were sold for the listed price. In March 2025 in Lake Worth Beach, FL there were 11.3% more homes for sale than in February. In March 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $464,262.