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1204 Mathis St Lake Worth, FL 33461
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10465739
Sold Date 10/21/25
Construction Status Resale
Total Fin. Sqft 38332
Year Built 1958
Annual Tax Amount $5,088
Tax Year 2023
Lot Size 0.880 Acres
Property Sub-Type Income/Multi-Family
Property Description
.88 ACRE PARCEL HERE JUST NEXT TO ATLANTIS. CURRENTLY ZONED MULTIFAMILY RESIDENTIAL WHICH ALLOWS YOU TO BUILD UP TO 9 UNITS ON THIS LAND. LAND CURRENTLY BOASTS 2 LIVING UNITS. FIRST UNIT IS A 2 BEDROOM 1 BATHROOM, SECOND UNIT IS A STUDIO UNIT. BOTH TENANT OCCUPIED AT MONTH MONTH. PLEASE DO NOT DISTURB TENANTS. LAND IS ALSO LARGE ENOUGH TO PARK ALL YOUR WORK TRUCKS ON SITE! LIVE IN ONE OF THE UNITS, RENT THE OTHER OUT, AND PARK ALL OF YOUR TRUCKS/EQUIPMENT ON THE PROPERTY! THIS LOT IS REALLY A JACK OF ALL TRADES WITH ENDLESS POSSIBILITIES! STUDIO IS RECENTLY RENOVATED AND IS CURRENTLY BEING RENTED AT $1300 PER MONTH AND THE 2 BEDROOM UNIT IS CURRENTLY BEING RENTED AT $2500 PER MONTH AND IS NEED OF A FULL REMODEL. THIS IS BEING SOLD FOR LAND VALUE.
Location
State FL
County Palm Beach County
Area Palm Beach 5670; 5680; 5700; 5710
Zoning RM
Exterior
Roof Type Comp Shingle Roof
Building
Story 1.0000
Foundation Concrete Block Construction, Cbs Construction, Wood Siding
Construction Status Resale
Read Less
Bought with La Rosa Realty Kissimmee
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