3088 Prince Drive, Lake Worth, FL 33461
New

$575,000
Active for Sale
 
Listing ID 11899408
Property Type Multi-Unit
County Palm Beach
FEMA Flood Map fema.gov/portal
Year Built 1960
   
Virtual Tour
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.
Property Details
  • 2000 SF (AG)
  • 2000 SF (Total)
  • Built in 1960
  • 1 Story
  • 2 Units
Interior Features
  • Ceramic Tile Flooring
  • Laundry
  • Central A/C
  • Wall/Window A/C
Exterior Features
  • Masonry - Concrete Block Construction
  • Community Water
  • Community Septic
  • Fence
  • Subdivision: Palm Beach Farms Co Place
Listed By
The Keyes Company
Mobile: 561-577-0398
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