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$549,900

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
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Fully Fenced Concrete-block Duplex in Lake Worth Beach. The Front 1/1 unit has 800 total Sq ft with private off street parking. The Rear unit has 3 bedrooms and 1 bath with plenty of street parking. Both Units come with long term ''good'' tenants. Total rents are now $4,400 per month with a $50/month annual increase. April 1, 2026 Rents will increase to $4,500/month. The Roof is approximately five years. The owner recently invested significant time and expense to install a brand-new separate 2nd water meter, allowing each tenant to pay their own utilities and reducing operating costs for the next owner. The outside shed has a washer and dryer hook up and is currently used for storage. Excellent income property close to downtown, restaurants, shops, and the famous Lake Worth Beach Pier.

Full Property Details for 1020 S K St

General

  • Price: $549,900
  • Taxes: $8,084 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11142856
  • Updated: 11/22/2025
  • Added to Site: 55 day(s) ago

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Auto Sprinkler, Exterior W/D Hookup, Fence, Open Porch, Room for Pool, Shed

Location

  • Area: 5610
  • County: Palm Beach
  • Subdivision: Lake Worth Town Of Add 1
  • Driving Directions: Take US 1 to 10th Ave N go east then make a right (south) on S K Street. Proceed to 1020 S K Street.

School Information

  • Elementary School: South Grade Elementary School
  • Middle School: Lake Worth Community Middle

Community

  • Community Features: None
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Wall-Win A/C
  • Heating Type: Other

Utilities

  • Utility Description: Cable, Electric, Public Sewer, Public Water, Water Available
  • Sep. Water Meters: Yes
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Duplex
  • Construction: Concrete
  • Roof: Composition Shingles
  • Windows: Hurricane Windows, Single Hung Metal
  • Stories in Building: 1
  • Square Feet: 1,600
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1955

Unit Information

Unit 1

  • Unit Description: A/C Unit, Kitchen, Range - Electric, Refrigerator, W/D Hookup
  • Square Feet: 800
  • Bedrooms: 1
  • Parking: Space Parking

Unit 2

  • Unit Description: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Square Feet: 1000
  • Bedrooms: 3
  • Parking: Open Parking

Lot Features

  • Property View: Other
  • Lot Size (Sq. Ft.): 6,750
  • Lot Size: 50.0 ft x 135.0 ft
  • Zoning: SF-R(c

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $343.69
  • Tax Amount: $8,084
  • Tax Year: 2025
  • Terms: Cash, Conventional, Exchange, VA
  • Tenant Pays: Cable, Electric, Water

Disclosures and Reports

  • Special Conditions: Sold As-Is
  • Legal Description: ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 36
  • Restrictions: None
  • APN: 38434427010360040

Listed by Realty ONE Group Innovation

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— 1020 S K St —

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 1020 S K St

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.3 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-121.1 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1020 S K St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/22/2025
Listed
$549,900
29.39%
MLS
3/24/2025
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1020 S K St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,088
7%
$356,688
12%
2024
$7,528
9%
$317,546
7%
2023
$6,909
53%
$295,818
62%
2021
$4,526
-27%
$182,964
-23%
2022
$6,214
37%
$236,724
99%
2021
$4,526
100%
$118,842
65%
2019
$2,263
18%
$72,176
7%
2018
$1,920
5%
$67,511
7%
2017
$1,833
4%
$63,185
7%
2016
$1,763
5%
$59,215
6%
2015
$1,672
6%
$55,905
6%
2014
$1,583
5%
$52,858
6%
2013
$1,509
—
$49,905
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1020 S K Street, Lake Worth, FL 33460 (MLS# RX-11142856) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1020 S K Street is currently listed for $549,900 and was received on November 22, 2025. Want to learn more about 1020 S K Street? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.

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