927 S Pine St, Lake Worth FL 33460

For sale Days on market 89

LAKEVIEW HEIGHTS ADD 4 [ Quadruplex ]

$1,700,000

$297/sq ft

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Overview

Year Built

1974

Sqft

5724

Property Type

Quadruplex

Property Description

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H. AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH! Attention value hunters — 927 South Pine Street delivers the kind of construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market. This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion. Property snapshot: 8 market rate apartments individually metered for water & electric Four 1BR/1BA units averaging $1,600/month Four 4:2BR/1BA units averaging $1,800/month collecting Over $13,000 monthly Tenants pay ALL utilities Solid concrete block construction Brand new roof = reduced near-term capex Recent capital improvements keep operating costs low Why this Location Performs: Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95 Why This Deal Hits: Strong in-place cash flow Minimal operating expenses Major capital item already completed Clear value-add opportunity with upside on rents Ideal for a hands-on investor ready to push performance Stabilized income today — meaningful upside tomorrow. Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up

Property Details

MLS#

A11969195

Total Floor in Bldg

Building

LAKEVIEW HEIGHTS ADD 4

Address

927 Pine St S

City

Lake Worth

State/county

Zip/Postal Code

33460

Area

Lakeview Heights Add 4

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$16,377

Maint Fee

$--

Tax Year

2025

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