130 S Lakeside 1 Drive, Lake Worth Beach, FL 33460,Lake Worth Beach,Palm Beach,Residential Income

$1,850,000

Description

Prime 5-plex Income Property-Water Views & Expansion development potential. Maximizing return on your investment.
Exceptional investment opportunity in the heart of downtown Lake Worth Beach! This well maintained five-plex sits across from Intracoastal Waterway, offering water views from end unit and potential for even more stunning vistas with a second-story addition.All 5 units are tenant-occupied, ensuring immediate rental income.4 are long term and under rental value. Soo much more income potential. Centrally located within walking distance to the beach, golf course, parks, Ampitheatre, fishing pier, and vibrant shops and restaurants, Easy access to 1-95 for seamless commuting.
serious inquiries only. Access will be granted upon accepted contract.NOTE: #5 Rented at $1850.00 monthl

Address

Open on Google Maps

Address: Lakeside 1
City: Lake Worth Beach
State/county: Palm Beach
Zip/Postal Code: 33460

Details

Updated on July 17, 2026 at 3:57 pm

Property ID R11057260
Price $1,850,000
Property Size 3408 Sq Ft
Land Area 0.31 Sq Ft
Year Built 1954
Type Quadruplex
Property Status Residential Income

Additional details

AssociationAmenities Dog Park, Golf Course, None, Picnic Area, Playground, Trail(s)
AssociationFee 1
BuildingAreaSource Public Records
BuildingAreaTotal 3632
CLIP 1082722037
CommunityFeatures Sidewalks
ConstructionMaterials Block, Concrete
ContractStatusChangeDate 2025-01-30
Cooling Central Air
CumulativeDaysOnMarket 531
CurrentPrice 1850000
DaysOnMarket 531
DaysOnMarketReplication 531
DaysOnMarketReplicationDate 2026-07-14
DaysOnMarketReplicationIncreasingYN 1
Directions lake Ave East to just before the Lake Worth Beach Bridge turn right to #130 on east side of the road
DocumentsCount 0
FinancialDataSource Other, Owner
Flooring Tile, Wood
GrossIncome 82800
Heating Central, Individual
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Washer Hookup, Dryer Hookup, Outside
Levels One
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 561-541-5559
ListAgentEmail asylvia97@gmail.com
ListAgentFirstName Amy
ListAgentFullName Amy J Sylvia
ListAgentKey 26924820
ListAgentKeyNumeric 26924820
ListAgentLastName Sylvia
ListAgentMiddleName J
ListAgentMlsId 60704244
ListAgentNationalAssociationId 276509428
ListAgentOfficePhone 561-659-1575
ListAgentPreferredPhone 561-541-5559
ListAgentStateLicense 704244
ListOfficeAOR BeachesMLS
ListOfficeEmail connorfaroni@outlook.com
ListOfficeKey 5898684
ListOfficeKeyNumeric 5898684
ListOfficeMlsId 607510
ListOfficeName RE/MAX Prestige Realty/WPB
ListOfficePhone 561-659-1575
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-01-29
ListingKey 1120285392
ListingKeyNumeric 1120285392
ListingTerms Cash, Conventional
LotFeatures 1/4 to 1/2 Acre Lot, Sprinklers Manual
LotSizeArea 13500
LotSizeDimensions 100.0 ft x 135.0 ft
MLSAreaMajor 5600
MajorChangeTimestamp January 30, 2025 at 12:19pm
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 14, 2026 at 09:31pm
NetOperatingIncome 60974
NumberOfUnitsInCommunity 5
NumberOfUnitsTotal 4
OnMarketDate 2025-01-30
OnMarketTimestamp 2025-01-30T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-14T17:29:26.463-00:00
OriginalEntryTimestamp January 30, 2025 at 11:33am
OriginalListPrice 1850000
OriginatingSystemID M00000170
OriginatingSystemKey 195877128
OriginatingSystemListAgentMemberKey 1265695
OriginatingSystemListOfficeKey 1154239
OriginatingSystemModificationTimestamp 2026-07-14T17:29:26.463-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
OtherStructures Cabana
ParcelNumber 38434421150350010
PatioAndPorchFeatures Covered, Patio, Porch
Permission IDX
PhotosChangeTimestamp January 20, 2026 at 01:31pm
PhotosCount 41
Possession Close Of Escrow
PostalCity Lake Worth Beach
PostalCode 33460
PreviousListPrice 1.85
PriceChangeTimestamp January 30, 2025 at 12:19pm
PropertyCondition Resale
PropertySubTypeAdditional Quadruplex
RoadFrontageType Public Road
RoadSurfaceType Paved
Roof Composition
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1120285392
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp January 30, 2025 at 11:33am
Stories 1
StreetDirPrefix S
StreetName Lakeside 1
StreetNumber 130
StreetNumberNumeric 130
StreetSuffix Drive
SubdivisionName LAKE WORTH TOWN OF
TaxAnnualAmount 15873.8
TaxLegalDescription TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
TaxYear 2024
TenantPays Cable TV, Electricity
UniversalPropertyId US-12099-N-38434421150350010-R-N
Utilities Sewer Available, Water Available
VideosCount 0
View Garden, Other
WaterSource Multiple Meters, Public
WaterfrontFeatures Intracoastal Access, None
Zoning MF-30(