3088 Prince DR, Lake Worth, FL 33461
3088 Prince DR, Lake Worth, FL 33461
3088 Prince DR, Lake Worth, FL 33461
3088 Prince DR, Lake Worth, FL 33461
3088 Prince DR, Lake Worth, FL 33461
3088 Prince DR, Lake Worth, FL 33461
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$ 575,000
Est. payment | /mo

1,800 SqFt


$ 575,000
Est. payment | /mo

1,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $319

Subdivision Palm Beach Farms Co Place

MLS Listing ID B26055335

Style One Story

HOA Y/N No

Leases Per Year 365

Year Built 1960

Annual Tax Amount $7,743

Tax Year 2025

Property Sub-Type Duplex

Property Description

Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow with upside potential. The fully paved backyard eliminates rear lawn maintenance, helping keep operating expenses low. Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

Location

State FL

County Palm Beach

Community Palm Beach Farms Co Place

Area 5700

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Flooring Ceramic Tile, Tile

Laundry Washer Hookup

Exterior

Exterior Feature Fence

Pool None

Utilities Available Cable Available

Roof Type Composition,Shingle

Private Pool No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story

Level or Stories One

Structure Type Block,Frame,Stucco

Schools

Elementary Schools Barton

Middle Schools Lake Worth Community Middle

High Schools Lake Worth

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 00434430011270012

Acceptable Financing Cash, Conventional, FHA 203(k), FHA

Listing Terms Cash, Conventional, FHA 203(k), FHA

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/3088-Prince-Drive-Lake-Worth-FL-33461/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
O'Neil Dayes

+1(754) 240-4203

odayes@oneildayes.com

7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States

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3088 Prince DR