FL > Lake Worth > Tropical Terrace
Lake Worth, FL 33462,7871 Terrace RD
Lake Worth, FL 33462,7871 Terrace RD
Lake Worth, FL 33462,7871 Terrace RD
Lake Worth, FL 33462,7871 Terrace RD
Lake Worth, FL 33462,7871 Terrace RD
Lake Worth, FL 33462,7871 Terrace RD
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Josh DiBiasio

Josh DiBiasio

+1(772) 539-2313
Listed by Lang Realty/Delray Beach
$ 399,700
Est. payment | /mo

2 Beds

2 Baths

944 SqFt

Save
$ 399,700
Est. payment | /mo
Save

2 Beds

2 Baths

944 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 944 sqft

Price per Sqft $423

Subdivision Tropical Terrace

MLS Listing ID RX-11148464

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,337

Tax Year 2025

Lot Size 10,000 Sqft

Property Sub-Type Duplex

Property Description

This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long-term development potential. Constructed of durable CBS, the property features a newer roof installed in 2024 and is zoned multi-family medium density, allowing for up to five units. What appears to be a vacant lot next door is actually part of the property, offering additional land for future expansion or redevelopment.One unit has been moderately renovated with updates that include laminate flooring and appliances. The second unit has been fully renovated and professionally staged. It features updated kitchen cabinetry with a snack bar and is currently operating as a successful short-term rental, creating an attractive opportunity for diversified income streams.The

Location

State FL

County Palm Beach

Area 4320

Zoning RM

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Laminate

Exterior

Exterior Feature Room for Pool

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

View Garden

Roof Type Built-Up

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation Concrete

Construction Status Resale

Schools

Elementary Schools Rolling Green Elementary School

Middle Schools Congress Community Middle School

High Schools Boynton Beach Community High

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Josh DiBiasio

+1(772) 539-2313

josh@dbrealestateteam.com

300 Sebastian Blvd, Sebastian, Florida, 32958, United States

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