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7871 Terrace Road Lake Worth, FL 33462
0 Bedroom, 944 Sqft, Duplex
AGENT'S REMARKS ABOUT 7871 TERRACE ROAD
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 DETAILS
- Property Type: Duplex
- Approx Living Area: 944 SqFt
- Year Built: 1955
- Lot Size: 10,000 SqFt
- Age Restrictions: No Hopa
- County: Palm Beach
- Area: 4320
- Subdivision: TROPICAL TERRACE
- Age Restricted: No Hopa
- Annual Property Taxes: $8,337
- Repo/Reo: No
- Short Sale: No
- Elementary School: Rolling Green Elementary School
- Junior High School: Congress Community Middle School
- High School: Boynton Beach Community High
MAP LOCATION FOR 7871 TERRACE ROAD LAKE WORTH, FL 33462
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Directions: Federal Highway heading North passed Gateway Blvd, turn left onto Miner Road, right on Terrace Road. Duplex is on left.
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Listing courtesy of Lang Realty/Delray Beach 12.18.2025