3088 Prince Drive, Lake Worth, FL 33461

Listing Snapshot

About This Home

Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow with upside potential. The fully paved backyard eliminates rear lawn maintenance, helping keep operating expenses low. Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

General Features

Property Type

ResidentialIncome

Sub-type

Duplex

Stories

1

Parking Spaces

6

Zoning

RM

Utilities

CableAvailable

Subdivision

Palm Beach Farms Co Place

Interior Features

Flooring

CeramicTile,Tile

Heating

Central,SeparateMeters

Cooling

CentralAir,CeilingFans,WallWindowUnits

Laundry

WasherHookup,ElectricDryerHookup,Inside,LaundryRoom

Exterior Features

Construction

Block,Frame

Exterior Features

Storage

Roof

Composition,Shingle

Fencing

BackYard,Fenced

Pool

No

Waterfront

No

Community Features

MLS Area

5700

Schools

Map

Virtual Tour