3642 Melaleuca Ln, Lake Worth, FL, 33461

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3642 Melaleuca Ln, Lake Worth$425,000

Buyer Closing Credits

$5,047^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeDuplex

Year Built1981

HeatingCentral, Electric

CoolingCeiling Fan(s), Central Air, Electric

WaterfrontNone

MLS #RX-10984645

StatusAccepting Backup Offers
(Active Under Contract)

About 3642 Melaleuca Ln

''Opportunity knocks at the heart of Lake Worth with this charming duplex, located at 3642 Melaleuca Ln. Boasting long-term tenants in place, this property offers smart investors the chance to secure a steady income stream without the oversight of an HOA. Each unit in this 860 square foot multi-family home promises a cozy living space, waiting for a touch of TLC to unlock its full potential.Please note, this is a tenanted property, and we kindly ask that their privacy and peace are respected - do not disturb the tenants. For more information and to discuss the boundless possibilities this investment opportunity offers, please reach out without delay.''

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Property Details

Property Features

Property Information:

• Year Built: 1981
• Stories: 1
• Living Area: 1,720 SqFt

Listing Office:

• Office Name: Sutter & Nugent LLC
• Office Phone: (561) 249-7266
• Listing Agent: Trevor Forbes

Interior Features

Interior Information:

• Flooring Type: Ceramic Tile

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• Exterior: Fence, Open Patio

Virtual/3D Tour

• Virtual Tour: 3642 Melaleuca Ln

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Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

• Lake Worth High School, Public Magnet Grades 9-12
• Tradewinds Middle School, Public Magnet Grades 6-8
• Starlight Cove Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

• List Price: $425,000
• Price Per SqFt: $247/SqFt

HOA Fees:

• Amount: $0
• Frequency: Monthly

Tax Information:

• Annual Amount: $3,795
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

Lake Worth, FL

City

Med. Sold Price

$451.2K

Med. Price/SqFt

$272

Avg. Days On Market

46

# of Sold Homes

174

3642 Melaleuca Ln vs Lake Worth

13 DAYS ON ROCKET

-33 Days

$425,000

-$26.2K Less

$247/SqFt

-$25 Less

KEY TAKEAWAY

This property is $26.2K less than the Median Sold Price and $25/SqFt less than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10984645

Listing Office:

• Office Name: Sutter & Nugent LLC
• Office Phone: (561) 249-7266
• Listing Agent: Trevor Forbes

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 2:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,795	$212,844
2019	$3,753	$126,011
2018	$3,191	$114,555
2017	$2,762	$104,141

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›Lake Worth›33461›3642 Melaleuca Ln

This home is located at 3642 Melaleuca Ln in Lake Worth, FL and zip code 33461. This 1,720 square foot home was built in 1981. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $425,000.

Lake Worth, FL housing market in April 2024 saw over 21 listings sold above listed price, more than 29 sold at listed price and over 124 sold below. The number of homes for sale in Lake Worth, FL increased by 9.1% between March 2024 and April 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $451,281 during the same period.

From Rocket Homes Real Estate and based on county public records data.