- MLS® #: RX-11148464
- 7871 Terrace Road
- Lake Worth, FL 33462
- $399,700
- 2 Beds, 2 Bath, 944 SqFt
- Multi-Unit
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.Theproperty 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 zoning, and additional land, this duplex is well-suited for investors seeking both immediate returns and future development upside in a highly visible area close to beaches, PBIA and extensive dining and entertainment opportunities within minutes.
View Virtual TourEssential Information
- MLS® #RX-11148464
- Price$399,700
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage944
- Year Built1955
- TypeMulti-Unit
- Sub-TypeDuplex
- StyleNo
- StatusNew
Community Information
- Address7871 Terrace Road
- Area4320
- SubdivisionTROPICAL TERRACE
- CityLake Worth
- CountyPalm Beach
- StateFL
- Zip Code33462
Amenities
- ViewGarden
- WaterfrontNone
Utilities
3-Phase Electric, Cable, Public Sewer, Public Water
Interior
- HeatingWindow/Wall
- CoolingWall-Win A/C
- # of Stories1
Exterior
- Exterior FeaturesRoom for Pool
- Lot Description< 1/4 Acre
- WindowsBlinds
- RoofBuilt-Up
- ConstructionConcrete
School Information
- HighBoynton Beach Community High
Elementary
Rolling Green Elementary School
Middle
Congress Community Middle School
Additional Information
- Date ListedDecember 18th, 2025
- Days on Website9
- ZoningRM
- Office: Lang Realty/delray Beach
Property Location
7871 Terrace Road on www.jupiterabacoahomes.us
Offered at the current list price of $399,700, this home for sale at 7871 Terrace Road features 2 bedrooms and 2 bathrooms. This real estate listing is located in TROPICAL TERRACE of Lake Worth, FL 33462 and is approximately 944 square feet. 7871 Terrace Road is listed under the MLS ID of RX-11148464 and has been available through www.jupiterabacoahomes.us for the Lake Worth real estate market for 9 days.
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Listing information last updated on December 27th, 2025 at 10:15pm CST.