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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Spencer Bailey

Spencer Bailey

+1(507) 951-2934
$ 575,000
Est. payment | /mo

1,800 SqFt

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$ 575,000
Est. payment | /mo
Save Virtual Tour

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

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1800

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

Area 5700

Zoning RM

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

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

Flooring Ceramic Tile, Tile

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room

Exterior

Exterior Feature Storage

Fence Back Yard, Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Composition,Shingle

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools Barton

Middle Schools Lake Worth

High Schools Lake Worth

Others

Senior Community No

Restrictions No Restrictions

Tax ID 00434430011270012

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard, Listed As-Is

Pets Allowed No Pet Restrictions, Yes

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

BeachesMLS, Inc. (FLR) IDX
Listed by Michael J Johnston The Keyes Company

Schools and Properties Nearby

Spencer Bailey

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 951-2934

spencer.bailey507@gmail.com

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3088 Prince DR