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$495,000
Property Description
Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a good cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion. Live in one, rent out the other. Currently, the East Unit is rented, and the West Unit is vacant. Lake Worth Beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding West Palm Beach and Lake Worth Beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the City of Lake Worth Beach.
Full Property Details
Full Property Details for 1202 S M St
General
- Price: $495,000
- Taxes: $9,854 (2025)
- Status: Active
- Type: Duplex
- Source: Martin_County
- MLS ID: B26027722
- Updated: 9/4/2026
- Added to Site: 116 day(s) ago
Interior
- Flooring: Ceramic Tile, Tile
Exterior
- Exterior Features: None, Storm/Security Shutters
Location
- Area: 5640 Lake Worth - East of 95
- County: Palm Beach
- Subdivision: LAKE WORTH TOWN OF ADD 1
School Information
- Elementary School: Barton
- Middle School: Lantana
- High School: Lake Worth
Community
- Community Name: 5640 Lake Worth - East of 95
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
- Heating Type: Electric, Wall Furnace
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Water Available
Structural Information
- Construction: Block, Concrete
- Roof: Composition, Shingle
- Windows: Metal, Single Hung, Sliding
- Stories/Levels: 1
- Square Feet: 1,120
- Living Area: 1,120 Sq. Ft.
- Year Built: 1962
- Property Condition: Resale
Lot Features
- Property View: Garden
- Lot Dimensions: 50.0 ft x 135.0 ft
- Lot Features: Corner Lot
- Zoning: SF-R(c
Financial Considerations
- Tax Amount: $9,854
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Water
Disclosures and Reports
- Legal Description: ADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 56
- Property ID: 38434427010560080
Listed by Illustrated Properties LLC (Co
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Schools
Schools serving 1202 S M St
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School 1700 Barton Rd, Lake Worth Beach, FL 33460 | PK-5 | 0.8 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1.2 mi |
Lantana Middle School 1225 West Drew Street, Lantana, FL 33462 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1202 S M St
Date
Details
Price
Change
Source
5/12/2026
Listed
$495,000
23.75%
MLS
3/28/2025
Sold
$400,000
—
Public Record
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
Tax History for 1202 S M St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,136
—
$404,786
10%
2024
$9,136
17%
$367,987
19%
2023
$7,787
76%
$310,122
67%
2021
$4,415
-10%
$185,674
-23%
2022
$4,888
11%
$240,286
38%
2021
$4,415
12%
$173,579
51%
2019
$3,948
19%
$115,068
10%
2018
$3,329
7%
$104,607
10%
2017
$3,118
6%
$95,097
10%
2016
$2,949
7%
$86,452
10%
2015
$2,747
8%
$78,593
10%
2014
$2,536
27%
$71,448
61%
2013
$1,994
—
$44,353
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1202 S M St
1202 S M Street, Lake Worth Beach, FL 33460 (MLS# B26027722) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1202 S M Street is currently listed for $495,000 and was received on May 12, 2026. Want to learn more about 1202 S M Street? Do you have questions about finding other Duplex real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.
