28 days on rocket

618 3rd Ave S, Lake Worth Beach, FL, 33460

$624,000

Home List Price

$7,410*

Closing Credit

0 Baths
1,320 SqFt
$473/SqFt
Multi

Location

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618 3rd Ave S, Lake Worth$624,000

Buyer Closing Credits

$7,410*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1966
HeatingCentral, Electric, Other
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontNone
MLS #RX-11031014
StatusActive

About 618 3rd Ave S

Completely remodeled 1 year ago. Roof 2018. Unique investment opportunity. Tenants in place! Unit 1 tenant lease expires September 30, 2025. Unit 2 tenant lease expires February 20, 2025. Have you been looking for an income-producing property where you can live and collect rent to offset expenses? BINGO! Two 1/1 units, all utilities separately metered (water, sewer, electric and gas), with 3 off-street parking spaces for Unit 1 (including a 1-car garage); Unit 2 enjoys a fenced backyard with patio and separate laundry room with storage. Just 2 blocks from buzzing downtown Lake Worth Beach. Perfect scenario for snowbird who wants a comfortable home that is an easy walk to town and the beach. Each unit is a spacious 1/1 with luxury vinyl flooring, washer/dryer, white Shaker

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 1
  • Living Area: 1,320 SqFt

Listing Office:

  • Office Name: Illustrated Properties LLC
  • Office Phone: (561) 582-5338
  • Listing Agent: Erin Allen

Interior Features

Interior Information:

  • Flooring Type: Vinyl Floor

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence, Open Patio

Virtual/3D Tour

  • Virtual Tour: 618 3rd Ave S
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk

Utilities

Utilities Information:

  • Heating: Central, Electric, Other
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: Dixie or Federal to 3rd Avenue South, corner of 3rd South and K Street South.

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,000
  • Price Per SqFt: $473/SqFt
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Housing Market Comparison

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

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Lake Worth, FL

City

Med. Sold Price

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

618 3rd Ave S vs Lake Worth

28 DAYS ON ROCKET

-28 Days

$624,000

+$168.8K More

$473/SqFt

+$200 More

KEY TAKEAWAY

This property is $168.8K more than the Median Sold Price and $200/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-11031014

Listing Office:

  • Office Name: Illustrated Properties LLC
  • Office Phone: (561) 582-5338
  • Listing Agent: Erin Allen

IDXAll 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: 11/21/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,182

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,937

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-247611
5
/10

  • South Grade Elementary School

  • 716 S K St

  • 0.37 miles

  • Public Magnet Grades PK-5

school-card-donut-247612
2
/10

  • Highland Elementary School

  • 500 Highland Ave

  • 0.93 miles

  • Public Magnet Grades EE-5

school-card-donut-247613
2
/10

  • Barton Elementary School

  • 1700 Barton Rd

  • 1.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,583. Typical income of Lake Worth, FL residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›618 3rd Ave S

This home is located at 618 3rd Ave S in Lake Worth Beach, FL and zip code 33460 in the Downtown Jewel neighborhood. This 1,320 square foot home was built in 1966. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $624,000.

Over 11 listings were sold over their listed price in October 2024 in Lake Worth, FL. In the same period over 74 listings were sold below the listed price and 22 listings were sold for the listed price. The number of homes for sale in Lake Worth, FL increased by 5.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $455,172, while the average time on the real estate market was 56 days.

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

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