$925,000

$372/sq ft

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Overview

Year Built

1970

Sqft

2484

Property Type

Quadruplex

Property Description

Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of Lake Worth Beach, FL. Each unit has been recently upgraded with central AC, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7,000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown Lake Worth Beach, the area’s beaches, I-95, and Palm Beach International Airport, this investment combines stable income with long-term appreciation potential.

Property Details

MLS#

A11939871

Total Floor in Bldg

1

Building

NORTH LAKE WORTH

Address

1008 18th Ave N

City

Lake Worth

State/county

FL

Zip/Postal Code

33460

Area

North Lake Worth

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,690

Maint Fee

$--

Tax Year

2024

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Boris Gelfand