$564,999

1229 S M St Lake Worth Beach, FL 33460

$6,709
Closing credit¹
1,246 sqft
$453 / sqft
Multi-Family

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

Home typeDuplex
HeatingOther
StatusActive
CoolingElectric
Size1,246 sqft
Year built1957
MLS #RX-11080470
ViewOther

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

IDXAll 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.

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view of front of property featuring a front yard, fence, and stucco siding

$564,999

1229 S M St

$6,709

closing credit¹

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Price information

Property sales

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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.

All data from GreatSchools

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.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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