About this home
Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.
Listing last checked: Listing updated:
Listed by Camilo De la Cruz Perez · Home Sold Realty LLC · MLS #B26053634
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Wood
Building5 property facts
- Style
- Quadruplex
- Year built
- 1925
- Parking
- 0
- Foundation
- None
- Roof
- Built-Up
Land & utilities4 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- SF-R (city)
Financial2 property facts
- Annual taxes
- $13,612
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,425,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,340 / monthAdjust
- Principal & interest
- $7,206
- Property tax
- $1,134
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,612. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$2,250 · Jul 6, 2026
- Ter
$1,600 · Aug 27, 2025
- Lsd
$2,150 · Sold $2,150 · Apr 30, 2025
- Lsd
$2,150 · Sold $2,150 · Jan 6, 2025
- Lsd
$1,800 · Sold $1,800 · Oct 10, 2024
- Lsd
$2,350 · Sold $2,350 · Oct 10, 2024
- Lsd
$1,145 · Sold $1,145 · Apr 3, 2021
- Sld
$899,000 · Sold $845,000 · Feb 8, 2021
- Sld
$899,000 · Sold $845,000 · Feb 8, 2021
- Sld
$349,900 · Sold $345,000 · Aug 3, 2015
- Lsd
$725 · Sold $725 · Apr 16, 2014
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About 301 S M Street
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