925 S K ST new Save Request In-Person Tour Request Virtual Tour
Lake Worth Beach,FL 33460
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 8,560 sqft
Price per Sqft $429
Subdivision Lake Worth Town Of Add 1
MLS Listing ID RX-11071652
Year Built 1967
Annual Tax Amount $40,542
Tax Year 2024
Lot Size 0.320 Acres
Property Sub-Type MultiFamily (5+ Units)
Property Description
Boutique 16-Unit Multifamily Jewel available in East Lake Worth Beach FL. 100% Occupied, current 7.52% Cap Rate, Cash Cow!! Property features 16 meticulously maintained, highly desirable, large 1 bedroom 1 bath units and a bonus 2 bedroom 1 Bath in one of South Florida's most sought-after rental markets. 925 S K is poised to deliver consistent and reliable cash flow, ease of management, and significant upside for years to come. Built with durable concrete block/stucco, this property combines robust construction with modern upgrades and minimal deferred maintenance. The roof, replaced less than six years ago, ensures peace of mind for investors. Located in thriving East Lake Worth Beach, this area is a favorite among renters and a proven winner for investors seeking stability and growth.
Location
State FL
County Palm Beach
Area 5640
Zoning SF-R(c
Interior
Heating Other
Cooling Other
Flooring Tile
Fireplaces Type Smoke Detector
Exterior
Community Features None
Utilities Available Electric,Public Sewer,Public Water,Separate Meter
Waterfront Description None
Roof Type Comp Shingle
Present Use None
Building
Story 100.00
Foundation CBS,Concrete
Others
Security Features Fence,Security Sys-Owned,TV Camera
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/925-S-K-Street-Lake-Worth-Beach-FL-33460--RX-11071652/unbranded