925 S K ST new

Lake Worth Beach,FL 33460

$ 3680000

- Bed

17 Baths

8560 SqFt


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

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