621 S M St, Lake Worth Beach, FL, 33460

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621 S M St, Lake Worth$649,000

Buyer Closing Credits

$7,707^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeTriplex

Year Built1925

HeatingCentral, Electric

CoolingCeiling Fan(s), Central Air, Electric

WaterfrontNone

MLS #RX-11026992

StatusActive

About 621 S M St

Explore this triplex in Lake Worth Beach, offering a lucrative investment with two recently updated units featuring new granite countertops, modern flooring, impact windows, and new appliances. Benefit from high rental income, with a location prime for both long-term and short-term rentals. The second structure includes a customizable two-story unit and a ready-to-finish garage, adding significant value. Near downtown, the property promises excellent pedestrian-friendliness and a strategic opportunity for investors to boost a partly upgraded asset in a booming market. will not last!

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Property Details

Property Features

Property Information:

• Year Built: 1925
• Stories: 2
• Living Area: 1,957 SqFt

Listing Office:

• Office Name: Coldwell Banker Realty /Delray Beach
• Office Phone: (561) 278-0300
• Listing Agent: Nicholas Wisell

Interior Features

Interior Information:

• Flooring Type: Other

Exterior Features

Exterior Information:

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

Virtual/3D Tour

• Virtual Tour: 621 S M St

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Lot Features

Lot Information:

• Lot: Sidewalk

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: Take Federal Hwy and turn to 7th Ave then straight to S M St

Price Information

Listing Price Info

Price Summary:

• List Price: $649,000
• Price Per SqFt: $332/SqFt

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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

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

621 S M St vs Lake Worth

45 DAYS ON ROCKET

-11 Days

$649,000

+$193.8K More

$332/SqFt

+$59 More

KEY TAKEAWAY

This property is $193.8K more than the Median Sold Price and $59/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-11026992

Listing Office:

• Office Name: Coldwell Banker Realty /Delray Beach
• Office Phone: (561) 278-0300
• Listing Agent: Nicholas Wisell

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: 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.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›621 S M St

This home is located at 621 S M St in Lake Worth Beach, FL and zip code 33460 in the S.O.S.A. neighborhood. This 1,957 square foot home was built in 1925. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $649,000.

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 inventory of homes for sale in Lake Worth, FL between September 2024 and October 2024 increased by 5.1%. In October 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $455,172.

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