7905 Loomis Street 7905-7907, Lake Worth, FL 33462 (MLS# R11137412)
$470,000
Lake Worth, FL 33462
MLS# R11137412
Status: Closed
1872 sqft
1 / 7
Property Description
DUPLEX FOR SALE WITH GREAT TENANTS (ANNUAL) TILE FLOORING WITH NEWER CABINETS AND REFURBISHED APPLIANCES. COME TAKE AN OPPORTUNITY TO MAKE SOME GREAT ROI INCOME. PROFESSIONALLY MANAGED BY PALM BEACH MANAGERS AND HAS AN UMBRELLA INSURANCE PLAN FOR COVERAGE FOR LIABILITY AND FLOOD INSURANCE. PROPERTY HAS A SEPTIC TANK SYSTEM FOR SEWER.
Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Contract Date: 2025-11-03
Status: Closed
Original List Price: 499000
Sold Price: $470,000
Current Price: $470,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Postal Zip: 33462
Geographic Area: PB12
Multiple Offers Accepted: Yes
Country: United States
Street Number: 7905
Street Name: Loomis
Street Suffix: Street
Unit Number: 7905-7907
State Or Province: FL
Postal Code: 33462
Subdivision Name: TROPICAL TERRACE
Area: 4320
Elementary School: Rolling Green
Middle Or Junior School: Congress
High School: Boynton Beach
Parcel Number: 00434510070001411
Zoning: RM
Directions: I95 TO LANTANA HEAD SOUTH ON DIXIE (US1) MAKE RIGHT (WEST) ON MINOR RD MAKE LEFT (NORTH) ON LOOMIS STREET-PROPERTY ON LEFT SIDE.
Currently Not Used
Number Of Units Total: 2
General Property Information
Living Area Main: 1872
Gated Community YN: No
Lot Size Area: 7503
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1872
Building Area Source: Appraiser
Year Built: 1977
Lot Size Acres: 0.17
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2026-03-06T19:20:46Z
Major Change Type: Status Change
Status Change Date: 2026-03-06
Under Contract Date: 2026-02-02
Close Date: 2026-03-06
Close Price: 470000
Association Amenities
None: 1
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Accounting Statements: 1
Copy Of Lease(s): 1
Deposit Held: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Structure Type
Duplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Repairs: 1
Water: 1
Possession
Subject To Tenant Rights: 1
Sewer
Septic Tank: 1
Utilities
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Income and Expenses
Annual Total Expense: 12696.24
Gross Income: 37543.25
Net Operating Income: 24847.01
Source Of Expenses
Accountant Provided: 1
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Combination Lock Box: 1
Occupied: 1
Schedule Online: 1
Text Listing Agent: 1
See Remarks: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Contingencies
Appraisal: 1
Financing: 1
Inspection: 1
Insurance: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1750
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 1000
Unit 1 Lease Description
Lease Expiration: 2026-09-30
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1725
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 1000
Unit 2 Lease Description
Lease Expiration: 2026-04-30
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 251.06
Original List Price To Close Price: 1.06
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 5880.85
Tax Year: 2024
Tax Legal Description: TROPICAL TERRACE S 1/2 OF LT 141 & LT 142
Originating Details
Originating System Key: 20251103162223802145000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit Held
Electric: Three Phase
Exterior Features: None
Flooring: Ceramic Tile
Property Condition: Resale
Structure Type: Duplex
Tenant Pays: Cable TV; Electricity; Insurance; Repairs; Water
Source Of Expenses: Accountant Provided
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Roof: Composition
Sewer: Septic Tank
Storm Protection Details: None
Tax Information: City/County
Utilities: Water Available
Water Access: None
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Combination Lock Box; Occupied; Schedule Online; Text Listing Agent; See Remarks
Occupant Details: Tenant Occupied
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Contingencies: Appraisal; Financing; Inspection; Insurance
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Palm Beach Managers LLC
Last Updated: March - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.