1702 N Ocean Breeze, Lake Worth Beach

$1,399,900

9 Beds
6 Baths
4,000 Sqft
.39 Acres
0 Garages

Seize a rare and distinctive opportunity to own a lucrative multi-family residential income property nestled on three buildable lots, merely a block away from the intracoastal. The current configuration includes a primary 3-bedroom, 2-bathroom single-family residence, an inviting 2-bedroom, 1-bathroom cottage, and an expansive two 2 bedroom apartment.Opportunities of this caliber are exceptionally rare, making this property a unique gem in the market. Not only does it offer immediate cash flow potential, but it also serves as an investment canvas with the flexibility to adapt to different strategies.

Situated just minutes away from upscale shopping, dining, and an array of amenities, this property blends financial potential with lifestyle convenience seamlessly. Act swiftly, as such compelling investment prospects are infrequently available. Uncover the remarkable potential that awaits within this multi-faceted property - a true gem for astute investors and those seeking a unique income-generating residence.

Essential Information
MLS® #RX-10953663
Price$1,399,900
Bedrooms9
Bathrooms6.00
Full Baths6
Square Footage4,000
Acres0.39
Year Built1950
TypeMulti-Unit
Sub-TypeQuad Plex
StyleNo
StatusActive
Community Information
Address1702 N Ocean Breeze
Area5600
SubdivisionNORTH LAKE WORTH
DevelopmentNORTH LAKE WORTH
CityLake Worth Beach
CountyPalm Beach
StateFL
Zip Code33460
Amenities
ViewGarden
WaterfrontNone
Utilities

3-Phase Electric, Cable, Public Sewer, Public Water

Interior
HeatingCentral, Electric
CoolingCeiling Fan, Electric, Central
# of Stories2
Exterior
WindowsBlinds, Jalousie
RoofComp Shingle
ConstructionCBS, Frame/Stucco, Woodside
Exterior Features

Auto Sprinkler, Covered Patio, Fruit Tree(s), Open Patio, Shed, Room for Pool

Lot Description

1/4 to 1/2 Acre, Paved Road, Public Road, Sidewalks

School Information
ElementaryNorth Grade Elementary School
MiddleLake Shore Middle School
HighLake Worth High School
Additional Information
Date ListedJanuary 25th, 2024
Days on Market106
ZoningSF-R(c
Listing Details
OfficeKw Reserve Palm Beach
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $1,450,000 to $1,399,900
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,495,000 to $1,450,000
Show All History (6)
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 10th, 2024 at 12:46pm EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 10th, 2024 at 12:31pm EDT.

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