Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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23 photos

3956 MELALEUCA

Lake Worth, FL 33461

$389,000
3
3
1,620 sq ft
6,445 sq ft
1962
Single Family Residence
12
Active Under Contract

Listing courtesy of Goldbay Realty Inc (Gregory Salgado JR). Contact: [email protected].

About this home

Great Investment Income Opportunity! Excellent opportunity for investors or owner-occupants looking to generate rental income. According to county records, this property is a 2-bedroom, 2-bathroom home. It is currently configured with: A main unit featuring 2 bedrooms and 1 bathroom, which is vacant and ready for an owner-occupant or a new tenant. A studio unit with 1 bedroom and 1 bathroom, currently vacant, An efficiency unit, rented on a month-to-month basis. Whether you're looking to live in the main unit while collecting rental income or maximize cash flow by leasing all units, this property offers excellent income-producing potential. Property is being sold AS IS.

What it costs to own
Estimated monthly payment
$2,716/mo
Principal and interest
$1,967
Property tax
$507
Homeowners insurance
$242
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$6,088/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.