Charming 464 sq. ft. property in Lake Worth Beach, ideal for short-term (Airbnb) or long-term rental. This turn-key 2 bed/1 bath home is strategically located less than 1 mile from central Lantana and under 2 miles from Lake Avenue, providing easy access to local attractions and the beach. A prime investment opportunity or perfect for those seeking a well-positioned, low-maintenance starter property. Currently rented for $1,000.00 on a month to month basis. Water heater is 4 years old. The whole house has PVC plumbing throughout. Please do not show up without a scheduled appointment. CASH ONLY. NEEDS NEW ROOF.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1939
Stories: 1
Living Area: 464 SqFt
Listing Office:
Office Name: Cardinal Realty Group, LLC.
Office Phone: (305) 910-2902
Listing Agent: Meir Tenenbaum
Interior Features
Interior Information:
Appliances: Microwave
Flooring Type: Tile
Interior: Bedroom on Main Level, Handicap Access, Workshop
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$811
Per Month
Principal & Interest
$744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$513
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school0.62 miles
Public District Grades PK-5
5
/10
South Grade Elementary School
716 S K St
Distance between this listing and this school0.76 miles
Public Magnet Grades PK-5
5
/10
Lantana Elementary School
710 W Ocean Ave
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
3
/10
Palm Beach Maritime Academy
1518 W Lantana Rd
Distance between this listing and this school1.02 miles
Public Charter Grades KG-8
3
/10
Lantana Community Middle School
1225 W Drew St
Distance between this listing and this school1.16 miles
Public Magnet Grades 6-8
6
/10
North Grade K-8 School
824 N K St
Distance between this listing and this school2.05 miles
Public Magnet Grades KG-8
Nearby Schools
2
/10
Palm Beach Maritime Academy High School
600 S East Coast Ave
Distance between this listing and this school1.09 miles
Public Charter Grades 9-12
2
/10
Lake Worth Community High School
1701 Lake Worth Rd
Distance between this listing and this school1.48 miles
Public Magnet Grades 9-12
1
/10
Palm Beach Preparatory Charter Academy
3525 S Congress Ave
Distance between this listing and this school2.85 miles
The neighbors living near this home have an average income of $33,705. Typical income of Lake Worth, FL residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 705 Washington Ave
What is the listing price of this property?
The listing price of 705 Washington Ave property is $149,000.
What type of property is this?
The property 705 Washington Ave is a house located in Lake Worth, Florida, 33460.
Is this property for sale now?
Active Listing: 705 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,178 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 705 Washington Ave has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 705 Washington Ave is 464 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 705 Washington Ave is 1939.
This home is located at 705 Washington Ave in Lake Worth, FL and zip code 33460 in the Whispering Palms neighborhood. This 464 square foot home was built in 1939. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $149,000.
While more than 11 listings in Lake Worth, FL in October 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 74 were sold below. 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.