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17 S L Street, Lake Worth, FL, 33460

1beds
4baths
1,799sqft
$970,000
$539price/sqft
$8,254/moest. monthly cost
$330,160/yrincome needed

About This Home

Well-maintained 4-unit multifamily investment property featuring three studio apartments and one 1-bedroom/1-bath unit across two buildings. The property has benefited from recent upgrades including new flooring, exterior paint, woodwork improvements, and mini-split A/C systems, and offers free on-site laundry for tenants. Conveniently located just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the property generates $7,095 in gross monthly rental income, providing immediate cash flow with continued upside in a rapidly improving submarket.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
93
BikeBiker's Paradise

Schools

5/10
2/10
Lake Worth High SchoolGrades PK,9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Tar/Gravel
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 4

Features

  • Window features: Blinds
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,799
  • Total interior livable area: 1,799 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 38434421150210250
  • Zoning: MU-E (city)
  • Special condition: Standard

Features

  • Exterior features: None
  • Fencing: Fenced
  • Waterfront features: None

Lot

  • Lot size: 3,375 sqft
  • Features: < 1/4 Acre

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

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $4,904$58,848
Home Insurance *$2,491$29,892
Property Taxes $662$7,944
Electricity $197$2,366
Total$8,254$99,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$282,994/yr
40% on housing$247,620/yr
45% on housing$220,106/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$539This listing

vs Other Active Listings

Avg $/sqft

ZIP 33460$243
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33460$379
Palm Beach County$365

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

DateEventPrice
2026-07-18Listed for sale$970,000
2023-10-17Sold$815,000
2023-10-12Pending sale$875,000
2023-08-22Listed for sale$875,000
2021-04-13Sold$435,000
2021-03-21Pending sale$480,000
2021-01-23Listed for sale$480,000
2021-01-07Listing removed--
2020-10-09Price change$480,000
2020-09-15Listed for sale$450,000
2000-11-15Sold$72,000

For Sale by Agent

AgentCamilo De la Cruz Perez
BrokerageHome Sold Realty LLC

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