7871 Terrace Road Lake Worth FL 33462 MLS #RX-11148464

7871 Terrace Road
Lake Worth, FL, 33462
$399,700
Beds
0 Baths
944 SqFt
0 Acres
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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 Details

Price:
$399,700
MLS #:
RX-11148464
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Duplex
Subdivision:
TROPICAL TERRACE
Listed Date:
Dec 18, 2025
Finished Sq Ft:
944
Year Built:
1955
Tropical TerraceRolling Green Elementary SchoolCongress Community Middle SchoolBoynton Beach Community High

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Schools

Elementary School:
Rolling Green Elementary School
Middle School:
Congress Community Middle School
High School:
Boynton Beach Community High

Interior

Cooling
Wall- Win A/C
Flooring
Laminate
Heating
Window/Wall
Window Treatments
Blinds

Exterior

Construction
Concrete
Exterior Features
Room for Pool
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Built- Up
View
Garden
Waterfront Details
None

Financial

Gross Operating Income
$35,500
Net Operating Income
$19,376
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

Subdivisions in Lake Worth

Market Summary

Current real estate data for Residential Income in Lake Worth as of Dec 20, 2025
9
Residential Income Listed
91
Avg DOM
335
Avg $ / SqFt
$613,633
Avg List Price

Property Summary

    Located in the TROPICAL TERRACE subdivision, 7871 Terrace Road Lake Worth FL is a Residential Income for sale in Lake Worth, FL, 33462. It is listed for $399,700 To schedule a showing of MLS#rx-11148464 at 7871 Terrace Road in Lake Worth, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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