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3088 Prince Drive

$575,000

3088 Prince Drive, Lake Worth Beach, FL 33461

Active
Last Updated: 07/30/2026

40,000

NOI

2,000 sqft

Building Size

Details:
NOI:    $40,000
Building Size:    2,000 sqft
Units:    2
Year Built:    1960
Floors:    1
Gross Leaseable Area:    1,800
Highlights:
  • Lot Features: Fenced
  • Building Features: Outside Storage
  • Gross Income: 49200
  • Bathrooms Total: 0
  • Documents Available: Copies Of Lease(S)
  • Architectural Style: One Story
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Flooring: Ceramic Floor, Tile
  • Construction Materials: Concrete Block Construction, Frame, Frame With Stucco
Description:

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.

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