Premier Brokers International
225 N M Street 1, Lake Worth Beach, FL 33460
Price reducedBeachesMLS
Price reducedMLS® B26076478
$499,900

↓ Price reduced $25,100 on Oct 26, 2026

225 N M Street 1, Lake Worth Beach, FL 33460

Beds
—
Baths
0
Sqft
1,696
Est. payment$3,550/mo
Home type
Duplex
Year built
1920
Lot size
3,485 sqft
Price / sqft
$295
HOA
$0/mo
Community
LAKE WORTH TOWN

Property description

An exciting investment opportunity in the heart of Lake Worth Beach! Ideally positioned less than two blocks from vibrant downtown and less than a mile from the beach and golf course, this charming Spanish Revival property offers exceptional appeal for investors, rental property buyers, and those exploring multifamily possibilities. Located in the desirable Mango Groves neighborhood, this 3-bedroom, 2-bathroom home combines historic character, a prime location, and a versatile layout with plenty of potential. The thoughtfully designed split floor plan provides flexibility for different living arrangements, while ceramic tile flooring and a spacious kitchen with abundant cabinetry offer practical features for everyday living. With several important improvements already completed, this property presents an attractive opportunity for buyers looking to expand their real estate portfolio. Updates include a 2020 roof, 2020 tankless water heater, updated electrical components, and newer A/C ductwork. Whether you're considering a long-term rental investment, an owner-occupied income property, or exploring potential multifamily configurations, this property offers a variety of possibilities to consider, subject to applicable zoning and city approvals. Its distinctive Spanish Revival architecture and established neighborhood setting add to its appeal, creating an opportunity to invest in a property with both character and potential. Location is one of this property's greatest advantages! Situated along charming M Street, surrounded by mature trees and historic homes, residents can enjoy easy access to downtown Lake Worth Beach's restaurants, boutiques, art galleries, entertainment, and year-round community events. Beautiful beaches, Bryant Park, the Snook Islands, and nearby golf courses are all within convenient reach. With Palm Beach Island, Palm Beach International Airport, Brightline, Tri-Rail, and I-95 nearby, the location offers excellent connectivity throughout South Florida. Combining a sought-after coastal setting, convenient access to local attractions, and flexible investment possibilities, this property is an opportunity investors won't want to overlook. Bring your vision and explore the potential of this Lake Worth Beach investment!

Listing activity

Days on market
42
Listed
Sep 15, 2026
MLS listing updated
Oct 27, 2026
Feed last checked
13 minutes ago

Listed by Jeffrey L Tricoli PA · KW Reserve Palm Beach

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Ceramic Tile, Laminate, Tile
Laundry
Laundry Closet, Inside
Window features
Blinds

Heating & cooling

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Property

Exterior

Stories
2
Building area
1,756 sqft
Patio & porch
Patio, Patio - Open
Exterior features
Courtyard, Garden
Fencing
Back Yard, Fenced
Pool
No
View
Garden
Waterfront property
No

Lot

Lot size
3,485 sqft
Lot size (acres)
0.08 acres
Zoning
MF-30 (city)
Road frontage
East of US-1
Construction

Type & style

Home type
Duplex
Structure type
Duplex
Year built
1920
New construction
No

Materials

Construction
Concrete, Frame, Stucco
Roof
Composition, Shingle
Property condition
Resale
Levels
Two
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Sewer Available, Water Available
Community & HOA

Community

Subdivision
LAKE WORTH TOWN
MLS area
5600
MLS subarea
PB16
Pets allowed
Yes, No Restrictions
55+ community
No

Association

Has association
No
Association fee
$0
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
Cable TV, Electricity, Water
Location

Area details

City
Lake Worth Beach
County
Palm Beach
ZIP code
33460
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26076478
Possession
Close Of Escrow, Negotiable
Original list price
$525,000
Parcel number
38434421150460200
Annual property tax
$8,470.92
Tax year
2025
Tax legal description
TOWN OF LAKE WORTH LT 20 BLK 46
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
1756
Construction Materials
Concrete, Frame, Stucco
County Or Parish
Palm Beach
Days On Market
42
Elementary School
North Grade K-8
High School
Lake Worth
Laundry Features
Laundry Closet, Inside
List Price
499900
Listing Contract Date
2026-09-15
Living Area
1696
Lot Size Acres
0.08
Lot Size Area
3375.9
MLSArea Major
5600
MLSArea Minor
PB16
Middle Or Junior School
Lake Worth
Mls Status
Active
On Market Date
2026-09-15
Patio And Porch Features
Patio, Patio - Open
Photos Count
21
Postal Code
33460
Price Change Timestamp
2026-10-26T14:38:23Z
Property Sub Type
Duplex
Property Type
Residential Income
Road Frontage Type
East of US-1
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-15T18:06:41Z
Stories Total
2
Subdivision Name
LAKE WORTH TOWN
Water Source
Public
Tax Annual Amount
8470.92
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 15, 2026ListedBeachesMLS$525,000$310/sqft
Oct 26, 2026Price reducedBeachesMLS$499,900$295/sqft

Public tax history

YearProperty taxesAssessment
2025$8,471—

Payment calculator

Estimated monthly payment$3,550/moIllustrative estimate, not a loan offer.
Principal & interest
$2,594
Property taxes
$706
Insurance
$250
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LAKE WORTH TOWN

Lake Worth Beach · Palm Beach County · 33460

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North Grade K-8Elementary
—
Lake WorthMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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Similar homes

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BeachesMLS

BeachesMLS · Listing courtesy of KW Reserve Palm Beach. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.