2 months on rocket

825 Truman Ave, Lake Worth Beach, FL, 33460

$1,075,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,781 SqFt
$284/SqFt
Multi
Schools Nearby

Location

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825 Truman Ave, Lake Worth$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1960
CoolingCeiling Fan(s), Central Air, Window Unit(s)
WaterfrontNone
ViewGarden, Other
MLS #RX-10957419
StatusActive

About 825 Truman Ave

Great opportunity to acquire a remodeled and cash flowing quadplex - ready to be delivered with one vacant unit to take advantage of an ASSUMABLE (!!!) FHA loan at 3%! The property generated in 2023 $109k in GRI (see docs for T12). Proforma for 2024 is $127k (mainly from higher rent from upgraded units + additional income). Please do not disturb the tenants. Enjoy a stabilized asset with reliable tenants (one annual lease, two month-to-month, one currently vacant unit ready to rent). This property is located just minutes away from LWB Downtown, groceries, restaurants, the beach and Palm Beach State College. Adjacent LWB Howard Park is a family friendly and recently improved recreational park (soccer, basketball, BBQ, playground, etc.) and an added value for local tenant

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 3,781 SqFt

Listing Office:

  • Office Name: Keller Williams Coastal Partners
  • Office Phone: (561) 209-2500
  • Listing Agent: Maximilian Stalinski

Interior Features

Interior Information:

  • Flooring Type: Clay Tile, Vinyl Floor

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden, Other
  • Exterior: Covered Patio, Extra Building, Fence, Fruit Tree(s), Shutters

Virtual/3D Tour

  • Virtual Tour: 825 Truman Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • Lake Worth High School, Public Magnet Grades 9-12
  • Lantana Middle School, Public Magnet Grades 6-8
  • Barton Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner lot at the corner of Truman and Washington

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $284/SqFt
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Housing Market Comparison

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

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Lake Worth, FL

City

Med. Sold Price

$452.4K

Med. Price/SqFt

$270

Avg. Days On Market

49

# of Sold Homes

145

825 Truman Ave vs Lake Worth

83 DAYS ON ROCKET

+34 Days

$1,075,000

+$622.5K More

$284/SqFt

+$13 More

KEY TAKEAWAY

This property is $622.5K more than the Median Sold Price and $13/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10957419

Listing Office:

  • Office Name: Keller Williams Coastal Partners
  • Office Phone: (561) 209-2500
  • Listing Agent: Maximilian Stalinski

IDXAll 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: 4/30/2024, 2:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3466548
2
/10

  • Barton Elementary School

  • 1700 Barton Rd

  • 0.52 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3466549
3
/10

  • Lantana Middle School

  • 1225 W Drew St

  • 1.00 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3466550
2
/10

  • Lake Worth High School

  • 1701 Lake Worth Rd

  • 1.52 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,705. Most Lake Worth, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›825 Truman Ave

This home is located at 825 Truman Ave in Lake Worth Beach, FL and zip code 33460 in the Whispering Palms neighborhood. This 3,781 square foot home was built in 1960. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $1,075,000.

While more than 17 listings in Lake Worth, FL in March 2024 were sold above asking price, there were more than 34 listings sold at asking price, and more than 94 were sold below. Between February 2024 and March 2024, Lake Worth, FL real estate market has seen increase in the number of listings by 10.1%. While the average time on the market in March 2024 was 49 days, the median list price was $452,421.

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

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