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7871 Terrace Road, Lake Worth, FL 33462

Local realty services provided by:CENTURY 21 America's Choice
7871 Terrace Road,Lake Worth, FL 33462
$399,700
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  • - Beds
  • 2 Baths
  • 944 sq. ft.
  • Multi-family
  • Active
Listed by: noreen payne, amy stark snook
Office: lang realty/delray beach
MLS#:R11148464
Source:RMLS

Price summary

  • Price:$399,700
  • Price per sq. ft.:$423.41

About this home

This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long-term development potential. Constructed of durable CBS, the property features a newer roof installed in 2024 and is zoned multi-family medium density, allowing for up to five units. What appears to be a vacant lot next door is actually part of the property, offering additional land for future expansion or redevelopment. One unit has been moderately renovated with updates that include laminate flooring and appliances. The second unit has been fully renovated and professionally staged. It features updated kitchen cabinetry with a snack bar and is currently operating as a successful short-term rental, creating an attractive opportunity for diversified income streams. The property is equipped with two separate electric meters and one water meter, supporting ease of management for multiple units. With its combination of current cash flow, recent improvements, flexible

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Home facts

  • Year built:1955
  • Listing ID #:R11148464
  • Added:44 day(s) ago
  • Updated:February 01, 2026 at 04:11 PM

Rooms and interior

  • Total bathrooms:2
  • Living area:944 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Built Up
  • Year built:1955
  • Building area:944 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$399,700
  • Price per sq. ft.:$423.41
  • Tax amount:$8,337 (2025)
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