3088 Prince Drive, Lake Worth, FL, 33461
About This Home
BRAND NEW ROOF!! 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. BOTH TENANTS ON MONTH TO MONTH. Backyard is all pavers eliminates rear lawn maintenance, 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1960
Materials
- Roof: Composition,Shingle
- Construction materials: Block,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family,Multi Family
Interior
Appliances
- Laundry features: Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Flooring: Ceramic Tile,Tile
Heating & Cooling
- Heating features: Central,Separate Meters
- Cooling features: Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Interior Area
- Total structure area: 2,000
- Total interior livable area: 1,800 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 00434430011270012
- Zoning: RM
- Special condition: Standard,Listed As-Is
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Fencing: Back Yard,Fenced
Parking
- Total spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $897 | $10,764 |
| Electricity | $197 | $2,366 |
| Total | $4,206 | $50,472 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $575,000 |
| 2024-10-28 | Sold | $500,000 |
| 2024-09-05 | Pending sale | $499,999 |
| 2024-08-28 | Listed for sale | $499,999 |
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