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3088 Prince Drive, Lake Worth, FL 33461

$575,000
  • 3088 Prince Drive, Lake Worth, FL 33461 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,000 MLS#B26055335
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPalm Beach Farms Co Place

Property Description

Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow with upside potential. The fully paved backyard eliminates rear lawn maintenance, helping keep operating expenses low. Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

3088 Prince Drive | MLS# B26055335

This multi-family property located at 3088 Prince Drive, Lake Worth, FL 33461 is currently listed for sale with an asking price of $575,000. Search Lake Worth real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Fenced: Yes
Heating: Central, Separate Meters
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $7,743
Year Built: 1960

Amenities

Storage

Feature Descriptions

Exterior: Block, Frame
Fencing: Back Yard, Fenced
Flooring: Ceramic Tile, Tile
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Parcel#: 00434430011270012
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
SQFT Living: 1800
Units: 2
Utilities: Cable Available
Utilities: Cable Available
Water: Public

Local Schools

High School: Lake Worth
Middle School: Lake Worth
Elementary School: Barton

Listed By / Shown By

Listed By

Agency Name: The Keyes Company
Agency Phone: 561-220-0550

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 2,092.66 per month $1,279.70 Principal & Interest $645.25 Property Tax $167.71 Homeowner's Insurance

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