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Sold for $950,000
    • $950,000

    4030 Luzon Avenue, Lake Worth, FL 33461

    9beds
    8baths
    3,819sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1980
    -- sqft lot
    $1,059,100 Zestimate®
    $249/sqft
    $1,584 Estimated rent

    Home value

    $1,059,100

    $974,000 - $1.15M

    $1,584/mo

    Zestimate® history
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    $1,584/mo

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    $6,360/mo

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    What's special

    ***Amazing Investment Opportunity!*** Property is in Excellent condition with Great tenants. City Sewer! 4 Units in total. 3 units are 2 bed 2 baths. Fourth unit is a 3 bed 2 bath. All have seperate electric/water meters. Huge property over 20,000 sqft. Plenty of parking. ROOF 2017. Common Laundry with electic cards profesionally managed. 3 Bedroom Unit has it's own laundry. Fully rented and all units are in great shape. Owner only pays landscape, taxes and insurance. Very low overhead. Currently bringing in almost $8,000 per month but rents could be rasied to reach $9,500 monthly. Great 1031 exchange property of for the 1st time investor. Property Manager could be transfered to new owner if desired.Property is turn key ready. Photos are current and accurate respresentation of condition

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael J Johnston 561-577-0398,

    The Keyes Company,

    Maby Cuevas 786-251-8462,

    The Keyes Company

    Bought with:

    Dionis Perdomo, 3117062

    Highlight Realty Corp/LW

    Source: BeachesMLS,MLS#: R10936132MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 3,885
    • Total interior livable area: 3,819 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    • Fencing: Fenced
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 0.46 Acres
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 70424424120000120
    • Zoning: MULTIFAMILY < 5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Block, Concrete
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Water: Multiple Meters
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Palm Springs
    • Subdivision: MANILA PARK

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other

    Price history

    DateEventPrice
    1/2/2024Sold$950,000$249/sqft
    Source: BeachesMLS #R10936132 Report a problem
    11/20/2023Pending sale$950,000$249/sqft
    Source: BeachesMLS #RX-10936132 Report a problem
    11/15/2023Listed for sale$950,000+352.4%$249/sqft
    Source: BeachesMLS #RX-10936132 Report a problem
    9/20/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    9/19/2022Listed for rent$1,900+58.3%
    Source: Zillow Rental Network_1 #R10832896 Report a problem
    11/27/2018Listing removed$1,200
    Source: Donohue Real Estate Palm Beach #RX-10477514 Report a problem
    11/2/2018Listed for rent$1,200
    Source: Donohue Real Estate Palm Beach #RX-10477514 Report a problem
    6/27/2018Listing removed$1,200
    Source: Donohue Real Estate, LLC #RX-10441802 Report a problem
    6/22/2018Listed for rent$1,200
    Source: Donohue Real Estate, LLC #RX-10441802 Report a problem
    1/2/2014Sold$210,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,181 +3.5%$717,466 +3.7%
    2024$14,665 +45.4%$691,582 +73.2%
    2023$10,086 +8.3%$399,303 +10%
    2022$9,312 +19.4%$363,003 +10%
    2021$7,796 -4%$330,003 +1.3%
    2020$8,120 +8%$325,866 +10%
    2019$7,521 $296,242 -12.3%
    2018$7,521 +8.5%$337,850 +6.7%
    2017$6,934 +5.4%$316,661 +42.3%
    2016$6,582 +5.8%$222,571 +10%
    2015$6,221 $202,337

    Find assessor info on the county website

    Neighborhood: Lake Worth Corridor

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    Estimated market value
    $1,059,100
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    Estimated market value
    $1,059,100

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