For SaleRisky Deal9 days on market
225 N M Street #1
225 N M Street #1, Lake Worth Beach, FL 33460, Lake Worth, FL 33460
$525,000
Estimate®:$497,800
Listing Price
225 N M Street #1, Lake Worth Beach, FL 33460
Loc: Lake Worth, FL
Days Listed
9
Tax Assessed
$345k
Estimate®
$498k
Market Rate
Lot Size
3,376 sqft
Rent Estimate
$2,889/mo
Est. Cash Flow base
Type
multi family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
North Grade Elementary School
K-8
0.5 mi away
2
Lake Worth High School
PK,9-12
0.9 mi away
3
Lake Worth Community Middle School
6-8
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco exteriorcoastaltropical landscapingpalm treesgated entryarched gatewaysingle-storyresidentiallow-maintenance lawnsunnybeachside atmospherepastel colors
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.84%
Total ROI
42.3%
Cash Flow
$-1,044/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,044/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Worth, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $525,000 | $310 |
| 2022-10-25 | Sold | $413,000 | $244 |
| 2022-10-05 | Pending sale | $439,900 | $259 |
| 2022-09-22 | Contingent | $439,900 | $259 |
| 2022-08-04 | Listed for sale | $439,900 | $259 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,470 | $345,164 |
| 2024 | $8,363 | $325,554 |
| 2023 | $7,471 | $295,958 |
| 2022 | $4,784 | $139,585 |
| 2021 | $4,367 | $126,895 |
| 2020 | $4,107.61 | $115,359 |
| 2019 | $3,846.52 | $104,872 |
| 2018 | $3,846.52 | $151,083 |
| 2017 | $3,397.55 | $127,596 |
| 2016 | $3,122.66 | $78,792 |
| 2015 | $2,867.82 | $71,629 |
| 2014 | $2,595.5 | $65,117 |
| 2013 | $2,363.71 | $59,197 |
| 2012 | $2,134.24 | $53,815 |
| 2011 | $2,234.68 | $56,970 |
| 2010 | $2,769.36 | $78,941 |
| 2009 | $3,228.09 | $101,318 |
| 2008 | $2,916.75 | $125,950 |
| 2007 | $3,326.66 | $152,130 |
| 2006 | $4,152.77 | $174,169 |
| 2005 | $0 | $122,145 |
| 2004 | $1,472.77 | $87,767 |
| 2003 | $106 | $75,962 |
| 2002 | $1,691.96 | $59,727 |
| 2001 | $1,410.82 | $47,036 |
| 2000 | $1,264.86 | $42,095 |
| 1999 | $1,095.64 | $40,343 |
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