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$799,000
A12082339 MLS 33460 Zip Code Lake Worth Town Of Add 1 BLDG.
Excellent investment opportunity at 920 S K St in Lake Worth Beach, featuring a 4-unit multifamily property comprised of four 1-bedroom/1-bathroom units. Each unit is offered at $1,600 per month, providing approximately $6,400 in monthly Gross Operating Income and $76,800 annually. The property offers investors the opportunity to acquire a well-positioned multifamily asset in an established residential neighborhood with strong access to the surrounding Palm Beach County market. Conveniently located just minutes from Downtown Lake Worth Beach, residents enjoy easy access to local restaurants, shopping, entertainment, the Intracoastal Waterway, and South Florida's beaches. The property is also conveniently positioned near I-95 and other major transportation corridors, providing connectivity to West Palm Beach, surrounding employment centers, and destinations throughout Palm Beach County. With four highly rentable 1-bedroom units, a central location, and convenient access to both everyday amenities and major South Florida destinations, 920 S K St represents an attractive opportunity for investors seeking a multifamily property in the growing Lake Worth Beach market.

920 S K St, Lake Worth

$925,000
A11975247 MLS 33460 Zip Code Blackwell Park Rev Pl BLDG.
Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.

1625 S Federal Hwy, Lake Worth