4301 Lakewood Road, Lake Worth, FL 33461 (MLS# B26064305)

4301 Lakewood Road, Lake Worth, FL 33461

$505,000
Property Type: Residential Income Square Footage: 1,848 Status: Closed
Current Price: $505,000 List Date: 8/14/2026 Last Modified: 11/01/2026

Overview

Description

Investor opportunity! Income-producing duplex with tenants currently in place at below-market rents, offering excellent upside potential. This solid multifamily property is ideal for investors looking to increase cash flow through renovations and future rent adjustments. The property requires updating and is priced accordingly, making it a great value-add investment. Conveniently located in the heart of Lake Worth with easy access to major roads, shopping, schools, and dining. Don't miss this chance to add a high-potential duplex to your portfolio.

Listing Details MLS# B26064305

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1848
Building Area Source
Public Records
Living Area Main
1764
Living Area Source
Public Records
Adjusted Area Main
1800
Accessibility Features YN
No
Year Built
1973
Parking Total
4
Gated Community YN
No
Lot Size Area
9309
Lot Size Acres
0.21
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.5

Property Features

Documents Available: None Exterior Features: None Fencing: Back Yard; None Flooring: Tile; Vinyl; Wood Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Electricity; Water Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Central Individual Heating: Central Laundry Features: Laundry Room; See Remarks Levels: One Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; No Homestead Utilities: Electricity Available; Water Not Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Laundry Room Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Laundry Room Contingencies: Financing; Inspection Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
519900
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
4301
Street Name
Lakewood
Street Suffix
Road
Municipality Type
Incorporated
Municipal Code
70
State Or Province
FL
Postal Code
33461
Postal Code +4
3440
Subdivision Name
n/a
Area
5690
Geographic Area
PB19
Elementary School
Clifford O. Taylor / Kirklane
Middle Or Junior School
L. C. Swain
High School
John I. Leonard
Special Assessment YN
No
Parcel Number
70424424000005232
Zoning
RM (city)
Flood Zone
X
Multiple Offers Accepted
Yes

Financial Information

Master Association YN
No
Tax Annual Amount
7180.58
Tax Year
2025
Tax Assessed/SOH Value
336493
Tax Legal Description
24-44-42~ S 84.74 FT OF N 1316.74 FT OF W 130 FT OF E 1/2 OF E 1/2 OF NW 1/4 OF SE 1/4 (LESS E 20 FT RD R/W)
Assessor Market Value
336493

Status Change Information

Major Change Timestamp
2026-11-01T20:37:17Z
Major Change Type
Status Change
Price Change Timestamp
2026-08-14T18:13:20Z
Status Change Date
2026-11-01
Under Contract Date
2026-08-21
Close Date
2026-09-30
Close Price
505000
Buyer Financing
Conventional

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Unit 1 Details

Actual Rent
1300
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
882

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-11
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1300
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
882

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-11
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
294.72

Originating Details

Originating System Key
20260811201416136716000000
Originating System ID
M00000170
IDX
Listing Office: Nest Seekers Florida, LLC
Source MLS Verified
Last Updated: November - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.