PRICED AT ONLY: $3,680,000
Address: Address Not Provided
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.
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- MLS#: RX-11071680 ( Quad Plex )
- Street Address: Address Not Provided
- Viewed: 10
- Price: $3,680,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1967
- Bldg sqft: 0
- Days On Market: 168
- Additional Information
- Geolocation: 26.6039 / -80.0565
- County: PALM BEACH
- City: Lake Worth Beach
- Zipcode: 33460
- Subdivision: Lake Worth Town Of Add 1
- Provided by: RPM LUXE REALTY
- Contact: Rodger P Morelli
- (561) 929-7317
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.056477
- Construction: CBS, Concrete
- Exterior Features: None
- Flooring: Ceramic Tile
- Roof: Comp Shingle
- Sqft Source: Tax Rolls
- Sqft Total: 8560.00
- Total Building Sqft: 8560.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: 1/4 to 1/2 Acre
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection: None
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: Electric, Other
- Heating: Electric, Other
- Number Of Stories: 2.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: No
- Utilities: Electric, Public Sewer, Public Water
Finance and Tax Information
- Home Owners Association poa coa Monthly: 0.00
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 276917.00
- Income Expenses Annual Total Expense: 71943.00
- Income Expenses Gross Operating Inc: 348860.00
- Source Of Expenses: Owner
- Tax Year: 2024
Rental Information
- Tenant Pays: Electric
Other Features
- Avail Info: Leases
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LTS 15 & 16 BLK 26
- Parcel Id: 38434427010260150
- View: Other
- Views: 10
- Zoning: SF-R(c
Nearby Subdivisions
Acreage & Unrec
Lake Worth
Lake Worth Beach
Lake Worth Heights
Lake Worth Town
Lake Worth Town Add 01
Lake Worth Town Of
Lake Worth Town Of Add 1
Lakeview Heights Add 3
North Lake Worth
North Lake Worth Beach
Osborne Add Amnd
Palm Beach Farms Co #2 Lu
Town Of Lake Worth
Town Of Lake Worth Lts 28 & 29
Townsite Apts One Condo
Townsite Apts Six Condo
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
