Modern Living Group
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$950,000ACTIVE

617 N DIXIE Highway, Lake Worth Beach, FL 33460

beds0baths860sq ft$1,105/ sq ft
THE RESIDENCE

About this home

Quadruplex offering 2 individual residential units and 2 commercial units in Lake Worth Beach. This 860-square-foot income-producing property presents a solid ownership opportunity with multiple revenue streams. The single-story configuration provides straightforward management and operational efficiency. Positioned in the Lake Worth Town of community, this multi-unit residential and commercial investment is built for practical returns and long-term asset appreciation. Income of $6,650.00 per month. Tenants pay electric.

THE DETAILS

Property details

List Price$950,000
Price / Unit$475,000
Units2
Cap Rate6.29%
Gross Income$79,800/yr
Net Operating Income$59,800
Inside Sq Ft860
Year Built1930
ConstructionWoodFrame
FlooringTile
ZoningMU-DH (city)
Property TypeDuplex
MLS #B26068681
StatusActive
Original List Price$950,000
GRM11.9
Tenant PaysCable TV, Electricity, Insurance
Stories1
Show all details (6 more)
Lot Size0.30 acres
WaterfrontNo
Days on Market0
Annual Taxes$13,688
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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