Check Availability
$549,000
House - For Sale

512 N L Street

Lake Worth Beach, FL 33460
bedrooms
2 Beds
bathrooms
2 Baths
square feet
836 Sqft
$3,397
Est. Monthly
3.93%
Cap Rate

About This Property

Charming downtown Lake Worth Beach cottage, zoned multifamily-two family on a double lot, centrally located and just 5 blocks from the city downtown. This unique property features a 2 bedroom, 2 bathroom split floorplan with separate entrance. With a newly installed sewer line and plumbing, plus a new 200 amp electrical and new wiring on the main house with secondary panel on the accessory structure for the future dwelling unit or income property. It includes a new 3-ton AC unit and ductwork that can support the future addition to the main house. Boasting a refreshed interior remodel, new paint, crawl space access, venting, irrigation, and new landscaping. Solid long-term investment - The lot offers ample space for expansion and is perfect for a family looking to create a tropical oasis.

The manager has listed the unit size as 836 square feet.
Unit Size
836Ft²
Days on Market
64 days
Land Size
-
Price per sqft
$657
Property Type
House
Property Taxes
$701
HOA Dues
-
Year Built
1940

Listed By

Blair Ann Alshut
Coastal Classic Realty
Last updated: 3 months ago (RMLSFL #10983259)

Price History

Date / Event Date Event Price
May 1, 2024 Listed by Coastal Classic Realty $549,000
Listed by Coastal Classic Realty
Jun 3, 2022 Sold to Nick Valencia $3,430
Sold to Nick Valencia
Apr 29, 2014 Sold to Annika E Traynum $138,500
Sold to Annika E Traynum
Sep 22, 2004 Sold to Patricia A Parr $128,000
Sold to Patricia A Parr

Property Highlights

Air Conditioning
Exterior Details
Pool
Block

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 955
  • Gross Building Area: 955
  • Building Area: 728
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.155
  • Legal Description 1: TOWN OF LAKE WORTH LTS 5 & 6 BLK 156

Ownership

  • Current Owner : VALENCIA NICK
  • Previous Owner : TRAYNUM ANNIKA E
  • Owner Before Previous Owner: PARR PATRICIA A
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005203

Zoning

  • Zoning: SF-TF-14

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-156-0050
  • Block: 156
  • Lot: 5,6
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6218
  • Longitude: -80.0539

    Address

  • Full Address: 512 N L St
  • Address - House Number: 512
  • Street Direction: N
  • Address - Street Name: L
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3028
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 802
  • Tax Year: 2022
  • Tax Amount: $2,355
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 517,461
  • High Value: 617,663
  • Low Value: 417,259

    Market Valuation

  • Market Total Value: $321,241
  • Market Land Value: $222,750
  • Market Improvement Value: $98,491

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,279

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11890143662
  • Current Sale Price: $3,430
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 241922
  • Previous Sale Recording Date: Apr 29, 2014
  • Previous Sale Contract Date: Apr 23, 2014
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Apr 29, 2014
  • Previous Mortgage Loan Amount: $124,650
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: May 01, 2029

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
972 ft²
$468/ft²
$455,000 Oct 7, 2023
$455,000 Feb 16, 2024
$1,191/mo
House
3 Beds
2 Baths
1,308 ft²
$365/ft²
$477,500 Sep 12, 2023
$477,500 Dec 22, 2023
$206/mo
House
3 Beds
2 Baths
1,308 ft²
$365/ft²
$477,500 Nov 14, 2023
$477,500 Dec 22, 2023
$206/mo
House
3 Beds
2 Baths
1,572 ft²
$286/ft²
$450,000 Sep 7, 2023
$450,000 Nov 3, 2023
$345/mo
House
3 Beds
3 Baths
1,700 ft²
$309/ft²
$525,000 Dec 15, 2023
$525,000 Jan 29, 2024
$796/mo
Multifamily
Stu
-
1,664 ft²
$303/ft²
$505,000 Jan 3, 2024
$505,000 Feb 16, 2024
$486/mo
House
2 Beds
1 Bath
840 ft²
$625/ft²
$525,000 Apr 17, 2023
-
$529/mo
House
2 Beds
2 Baths
804 ft²
$653/ft²
$525,000 Feb 19, 2024
-
$511/mo
House
2 Beds
1 Bath
1,036 ft²
$425/ft²
$440,000 Apr 11, 2024
-
$666/mo
House
2 Beds
1 Bath
1,158 ft²
$543/ft²
$629,000 Jan 3, 2024
-
$627/mo
House
2 Beds
2 Baths
1,376 ft²
$400/ft²
$550,000 Apr 20, 2024
-
$295/mo
House
2 Beds
2 Baths
1,480 ft²
$378/ft²
$559,000 Apr 16, 2024
-
$443/mo

About Mango Groves


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Frequently Asked Questions

When was property at 512 North L Street built and last sold?
The property at 512 North L Street was built in 1940 and last sold on May 31, 2022 for $3,430.
How much is this home worth?
The estimated value of the home located at 512 North L Street is $543,972.
What are some comparable homes to 512 North L Street?
Homes that are comparable to 512 North L Street include a house property at 321 North L Street, 706 North Ocean Breeze, 528 North J Street.

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