1203 Mathis Street, Lake Worth, FL 33461

$389,000

Virtual Tour

https://www.propertypanorama.com/1203-Mathis-Street-Lake-Worth-FL-33461/unbranded

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,320 Status: Closed

Current Price: $389,000 List Date: 1/25/2026 Last Modified: 4/01/2026

Overview

Description

Well-maintained property offering exceptional flexibility and potential. This home sits on a spacious lot with ample room for RV parking, boats, trailers, trucks, or additional storage of any kind. The property is zoned multifamily, making it an excellent opportunity for investors or buyers with vision—ideal to build a duplex, add a second unit, or construct an additional home, subject to local regulations. Current owners have successfully generated income by renting outdoor space to owners of trailers, trucks, boats, and equipment, highlighting the strong income and usage potential. The home has been well cared for and offers plenty of land for expansion or redevelopment. This is a rare opportunity to own a property with multiple income possibilities, strong land value, and future .

Listing Details MLS# R11157706

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 1320
Building Area Source: Public Records
Living Area Main: 832
Year Built: 1958
Gated Community YN: No
Lot Size Area: 15692
Lot Size Acres: 0.36
Senior Community YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: East
Pool Private YN: No
Furnished: Unfurnished

Property Features

Parking Features: Open; RV Access/Parking; Unpaved Property Condition: Resale Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Aluminum Siding; Vinyl Siding Cooling: Central Air Heating: Central Interior Features: None Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Tax Information: Homestead Exemption Utilities: Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online; Text Listing Agent; See Remarks Occupant Details: Tenant Occupied Contingencies: Appraisal; Backup Contract/Call LA Concessions Detail: Closing Costs Room Types: Bedroom 2; Den; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-01-25
Original List Price: 389900
Negotiable Seller Concessions YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1203
Street Name: Mathis
Street Suffix: Street
City Name: Lake Worth
State Or Province: FL
Postal Code: 33461
Postal Zip: 33461
Subdivision Name: PALM BEACH FARMS CO 7
Area: 5940 - Other Florida County
Geographic Area: Other
Special Assessment YN: No
Parcel Number: 00434430011140011
Zoning: RM
Directions: Charming 2BD/1BA home on a spacious lot in Lake Worth. Features a cozy layout, fenced yard, and great potential. Conveniently located near shopping, major roads, and beaches.

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 4077.89
Tax Year: 2025
Tax Legal Description: PALM BEACH FARMS CO PL 7 S 100 FT OF LT A /LESS W 150 FT/ /LESS E 10 FT RD R/W/ BLK 114

Status Change Information

Major Change Timestamp: 2026-04-01T20:53:16Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-25T19:55:43Z
Status Change Date: 2026-04-01
Under Contract Date: 2026-02-12
Close Date: 2026-03-31
Close Price: 389000
Buyer Financing: FHA

More Information

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: 2

Storm Protection

Panel Shutters: Complete

Showing Details

Pet(s) on Premises: Yes

Concessions

Seller Concessions: Yes
Seller Concessions Amount: 15000

Room Types

Bedroom 2 Level: Main
Den Level: Main
Kitchen Level: Main
Living Room Level: First
Master Bedroom Level: Main
Bedroom 2: Yes
Den: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Utility Room: Yes

Price Calculations

Current Price To SqFt: 467.54

Originating Details

Originating System Key: 20260125184337847494000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Parking Features

Open: Yes
RV Access/Parking: Yes
Unpaved: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Utilities

Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Appliances

Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Aluminum Siding: Yes
Vinyl Siding: Yes

Interior Features

None: Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes
See Remarks: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

Homestead Exemption: Yes

Occupant Details

Tenant Occupied: Yes

Contingencies

Appraisal: Yes
Backup Contract/Call LA: Yes

Concessions Detail

Closing Costs: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Room Information

Living Room Length: 17.00 Length: 17.00 Width: 13.00 Width: 13.00 Level: First Remarks: approximate Kitchen Length: 11.00 Length: 11.00 Width: 13.00 Width: 13.00 Level: Main Remarks: approximate Master Bedroom Length: 11.70 Length: 11.70 Width: 11.00 Width: 11.00 Level: Main Remarks: aproximate Bedroom 2 Length: 11.00 Length: 11.00 Width: 11.00 Width: 11.00 Level: Main Remarks: aproximate Den Length: 14.00 Length: 14.00 Width: 5.00 Width: 5.00 Level: Main Remarks: aproximate Utility Room Length: 11.00 Length: 11.00 Width: 7.00 Width: 7.00 Remarks: aproximate Laundry

Listing Office: 4ever Homes Realty LLC

Last Updated: April - 01 - 2026

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1203 Mathis Street, Lake Worth, FL 33461 (MLS# R11157706)