RARE MULTI FAMILY OPPORTUNITY. NEW ROOFS. Minutes from Palm Beach State College, John Prince Park, beaches, JFK Medical Center, and I-95 RARE OPPORTUNITY. TWO DUPLEXES CBS construction, located on .31 Acres CORNER LOT directly off of Melaleuca. GROSS REVENUE of $100,800. RENTS ARE BELOW MARKET VALUE. Each unit has 2 Bedrooms and 1 Bathroom and is approximately 924 square feet. Every unit has their own washer & dryer along with their own central AC. Each unit has one exterior parking spot and property comes with 2 additional GUEST parking spots. All units are currently rented and are now on month to month but have been there for a couple of years. All four units are rented at $2,100 a month. Water & Electric is included in the rents BUT there are separate water and electric meters. Owner discounts $150 a month off one of the tenants for mowing the lawn. Centrally located near all amenities including Publix right up the street.
Accepting backups
Price cut: $100K (4/28)
$1,050,000
4733 Mulberry Street, Lake Worth Beach, FL 33461
8beds
4baths
3,696sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1973
-- sqft lot
$1,005,100 Zestimate®
$284/sqft
$-- HOA
What's special
New roofsTwo duplexes cbs construction
- 61 days |
- 284 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Lemon 561-818-8314,
Lemon Drop Realty
Source: BeachesMLS,MLS#: B26006749
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 3,696
- Total interior livable area: 3,696 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Courtyard
- Fencing: Back Yard,Fenced,Gate
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 0.31 Acres
- Features: Corner Lot, 1/4 to 1/2 Acre Lot
Details
- Parcel number: 00434430060000120
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block, Stucco
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1973
Details
- Builder name: Other
Utilities & green energy
- Sewer: Septic Tank
- Water: Multiple Meters, Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: MULBERRY PARK
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $742,820
- Annual tax amount: $14,592
- Date on market: 3/25/2026
- Cumulative days on market: 40 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Tenant pays: Cable TV
- Electric utility on property: Yes
Estimated market value
$1,005,100
$955,000 - $1.06M
$2,381/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Price change | $1,050,000-8.7%$284/sqft |
Source: | ||
| 4/18/2026 | Price change | $1,150,000-8%$311/sqft |
Source: | ||
| 3/25/2026 | Listed for sale | $1,250,000+105.3%$338/sqft |
Source: | ||
| 8/6/2024 | Listing removed | -- |
Source: | ||
| 8/5/2021 | Sold | $608,900-7.7%$165/sqft |
Source: | ||
| 5/4/2021 | Pending sale | $659,900$179/sqft |
Source: | ||
| 5/3/2021 | Listed for sale | $659,900+4.9%$179/sqft |
Source: | ||
| 3/30/2021 | Listing removed | $629,000$170/sqft |
Source: | ||
| 2/11/2021 | Contingent | $629,000$170/sqft |
Source: | ||
| 1/19/2021 | Price change | $629,000-4.7%$170/sqft |
Source: | ||
| 11/27/2020 | Listed for sale | $659,900+100%$179/sqft |
Source: KW Innovations #RX-10674372 Report a problem | ||
| 8/5/2015 | Sold | $330,000+0.3%$89/sqft |
Source: | ||
| 6/6/2015 | Listed for sale | $329,000+135%$89/sqft |
Source: Palm Beach Gardens, A Division of Keyes Luxury Portfolio #RX-10141818 Report a problem | ||
| 2/7/2002 | Sold | $140,000-3.6%$38/sqft |
Source: Public Record Report a problem | ||
| 9/16/1993 | Sold | $145,200$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,269 +10.3% | $675,291 +10% |
| 2023 | $12,027 +6.8% | $613,901 +10% |
| 2022 | $11,266 +17.9% | $558,092 +23.3% |
| 2021 | $9,554 +3.3% | $452,612 +4.3% |
| 2020 | $9,245 -3.8% | $433,766 -3.2% |
| 2019 | $9,613 | $447,882 +13.3% |
| 2018 | $9,613 +38.1% | $395,330 +31% |
| 2017 | $6,959 +15.1% | $301,752 +25.6% |
| 2016 | $6,046 +10.3% | $240,170 +33.3% |
| 2015 | $5,481 +17.6% | $180,167 +10% |
| 2014 | $4,659 +33.6% | $163,788 +32% |
| 2013 | $3,487 +1.1% | $124,118 +1.4% |
| 2012 | $3,450 -1.5% | $122,422 |
| 2011 | $3,503 -21% | $122,422 -28.1% |
| 2010 | $4,432 -11.6% | $170,257 -20% |
| 2009 | $5,014 -16.8% | $212,731 -30% |
| 2008 | $6,024 -4.7% | $303,754 -9.9% |
| 2007 | $6,321 -11.6% | $337,050 -2.5% |
| 2006 | $7,147 | $345,655 +44.8% |
| 2005 | -- | $238,706 +27.6% |
| 2004 | $1,941 +248.4% | $187,024 +16.2% |
| 2003 | $557 -83.2% | $160,950 +15.8% |
| 2002 | $3,322 +14.2% | $138,962 +18.8% |
| 2001 | $2,908 +7.5% | $116,942 +8% |
| 2000 | $2,704 +27.9% | $108,312 0% |
| 1999 | $2,114 | $108,356 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Lake Worth Corridor
Nearby schools
GreatSchools rating
- 4/10Starlight Cove Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Tradewinds Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Starlight Cove
- Middle: Tradewinds
- High: Lake Worth
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Palm Beach County
- Lake Worth Beach
- 33461
- Lake Worth Corridor
- 4733 Mulberry Street
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