7871 Terrace Road, Lake Worth, FL 33462

Local realty services provided by:Reliant Realty ERA Powered
7871 Terrace Road,Lake Worth, FL 33462
$399,700
Virtual Tour
  • - 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. 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 zoning, and additional land, this duplex is well-suited for investors

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1955
  • Listing ID #:R11148464
  • Added:62 day(s) ago
  • Updated:February 19, 2026 at 11:14 AM

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:$5,276 (2025)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 7871 Terrace Road