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For sale
  • Price cut: $100K (4/18)
    $1,150,000

    4733 Mulberry Street, Lake Worth Beach, FL 33461

    8beds
    4baths
    3,696sqft
    : 
    Quadruplex, Multi Family, Multi Family
    Built in 1973
    -- sqft lot
    $1,101,900 Zestimate®
    $311/sqft
    $-- HOA

    What's special

    New roofsTwo duplexes cbs construction
    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 $97,800. 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. Three units are rented at $2,100 a month and another one is at $1,850 and that tenant maintains the lawn. Water & Electric is included in the rents BUT there are separate water and electric meters. Centrally located near all amenities including Publix right up the street. Assumable FHA Mortgage at 2.9%
    26 days
    |
    720
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Lemon 561-818-8314,

    Lemon Drop Realty

    Source: BeachesMLS,MLS#: B26006749MLS LogoOriginating MLS: BeachesMLS

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      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
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Barbecue, 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: 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: $311/sqft
      • Tax assessed value: $742,820
      • Annual tax amount: $14,592
      • Date on market: 3/25/2026
      • Cumulative days on market: 26 days
      • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
      • Tenant pays: Cable TV
      • Electric utility on property: Yes
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        Estimated market value

        $1,101,900

        $1.05M - $1.16M

        $2,948/mo

        Price history

        DateEventPrice
        4/18/2026Price change$1,150,000-8%$311/sqft
        Source: BeachesMLS #B26006749 Report a problem
        3/25/2026Listed for sale$1,250,000+105.3%$338/sqft
        Source: BeachesMLS #B26006749 Report a problem
        8/6/2024Listing removed--
        Source: BeachesMLS #RX-10712856 Report a problem
        8/5/2021Sold$608,900-7.7%$165/sqft
        Source: BeachesMLS #R10712856 Report a problem
        5/4/2021Pending sale$659,900$179/sqft
        Source: BeachesMLS #RX-10712856 Report a problem
        5/3/2021Listed for sale$659,900+4.9%$179/sqft
        Source: BeachesMLS #RX-10712856 Report a problem
        3/30/2021Listing removed$629,000$170/sqft
        Source: BeachesMLS #RX-10674372 Report a problem
        2/11/2021Contingent$629,000$170/sqft
        Source: BeachesMLS #RX-10674372 Report a problem
        1/19/2021Price change$629,000-4.7%$170/sqft
        Source: BeachesMLS #RX-10674372 Report a problem
        11/27/2020Listed for sale$659,900+100%$179/sqft
        Source: KW Innovations #RX-10674372 Report a problem
        8/5/2015Sold$330,000+0.3%$89/sqft
        Source: BeachesMLS #R10141818 Report a problem
        6/6/2015Listed for sale$329,000+135%$89/sqft
        Source: Palm Beach Gardens, A Division of Keyes Luxury Portfolio #RX-10141818 Report a problem
        2/7/2002Sold$140,000-3.6%$38/sqft
        Source: Public Record Report a problem
        9/16/1993Sold$145,200$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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
        $7,392/mo
        Principal & interest
        $5725
        Property taxes
        $1667
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          Climate risks

          Neighborhood: Lake Worth Corridor

          Getting around

          24 / 100
          Car-Dependent
          39 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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