7871 Terrace Road, Lake Worth, FL, 33462
2 beds
2 Full baths
1955
944 sqft
This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long-term development potential. Constructed of durable CBS, the property features a newer roof installed in 2024 and is zoned multi-family medium density, allowing for up to five units. What appears to be a vacant lot next door is actually part of the property, offering additional land for future expansion or redevelopment.One unit has been moderately renovated with updates that include laminate flooring and appliances. The second unit has been fully renovated and professionally staged. It features updated kitchen cabinetry with a snack bar and is currently operating as a successful short-term rental, creating an attractive opportunity for diversified income streams.The
Status:
Active
Type:
Multi-family
Furnished Remarks:
No
Units:
2
Zoning:
RM
Subdivision:
TROPICAL TERRACE
Heating:
Window/Wall
Cooling:
Wall-Win A/C
Levels:
1.0
Parking:
Open Parking
Est. Taxes:
$8,337
Construction
Concrete
Utilities
Cable,Electric,Public Sewer,Public Water
Lot Description:
< 1/4 Acre
View Description:
Garden
Amenities:
None
Elementary School:
Rolling Green Elementary School
Middle School:
Congress Community Middle School
High School:
Boynton Beach Community High
MLS #:
RX-11148464
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Lang Realty/Delray Beach (561) 455-3300