4063 Herbertz Rd, Lake Worth, FL, 33461

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4063 Herbertz Rd, Lake Worth$1,695,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

Year Built1979

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontNone

ViewGarden

MLS #RX-10997031

StatusActive

About 4063 Herbertz Rd

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

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Property Details

Property Features

Property Information:

• Year Built: 1979
• Stories: 1
• Living Area: 5,880 SqFt

Listing Office:

• Office Name: Re/Max Direct
• Office Phone: (561) 952-2680
• Listing Agent: Daniel J DeRogatis

Interior Features

Interior Information:

• Flooring Type: Laminate, Tile

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Garden
• Exterior: None

Virtual/3D Tour

• Virtual Tour: 4063 Herbertz Rd

Virtual Tour

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

Other

Directions Information:

• Directions: Located south off Lake Worth Road between Military Trail and Congress Ave. From Lake Worth Road turn south onto Herbertz Road. The destination will be on your right side.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,695,000
• Price Per SqFt: $288/SqFt

HOA Fees:

• Amount: $0
• Frequency: Monthly

Tax Information:

• Annual Amount: $11,851
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

Lake Worth, FL

City

Med. Sold Price

$459.8K

Med. Price/SqFt

$273

Avg. Days On Market

51

# of Sold Homes

120

4063 Herbertz Rd vs Lake Worth

182 DAYS ON ROCKET

+131 Days

$1,695,000

+$1.2M More

$288/SqFt

+$14 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $14/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10997031

Listing Office:

• Office Name: Re/Max Direct
• Office Phone: (561) 952-2680
• Listing Agent: Daniel J DeRogatis

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jun 12, 2006	Jun 12, 2006Home Sold	$600,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$11,851	$674,898
2019	$11,716	$404,814
2018	$9,941	$368,013
2017	$8,645	$334,557

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›Lake Worth›33461›4063 Herbertz Rd

This home is located at 4063 Herbertz Rd in Lake Worth, FL and zip code 33461. This 5,880 square foot home was built in 1979. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,695,000.

In November 2024 more than 23 listings in Lake Worth, FL were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 80 were sold below. The inventory of homes for sale in Lake Worth, FL between October 2024 and November 2024 increased by 9.6%. In November 2024 median list price was $459,897 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.