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Wade M. Berlin

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1216 16th Avenue N 10
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PRICED AT ONLY: $1,400,000

Address: 1216 16th Avenue N 10, Lake Worth Beach, FL 33460

Description

I am excited to share details about an excellent cash flow property that is ready for immediate income generation. This property requires absolutely nothing in terms of maintenance, allowing you to start receiving rental payments from day one.Key features include:* **Ready to Go:** New appliances throughout the units.* **Utilities:** Well water irrigation system with an automatic timer.* **Parking & Amenities:** Two designated parking spaces per unit and private patios.* **Financial Advantage:** No HOA fees.The location offers easy access to the I 95 interstate highway. The closest beach is approximately 2.0 miles away (a six minute drive), and the surrounding area in the City of Lake Worth provides numerous parks and amenities for residents.This is a must see investment.
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  • MLS#: RX-11134369 ( Quad Plex )
  • Street Address: 1216 16th Avenue N 10
  • Viewed: 3
  • Price: $1,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 0
  • Days On Market: 18
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Features
Building and Construction
  • Absolute Longitude: 80.05972
  • Construction: Block, CBS, Concrete
  • Exterior Features: Auto Sprinkler, Fence, Open Patio
  • Flooring: Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3248.00
  • Total Building Sqft: 3248.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: None
School Information
  • Elementary School: North Grade Elementary School
  • High School: Lake Worth High School
  • Middle School: Lake Worth Community Middle
Eco-Communities
  • Private Pool: No
  • Storm Protection Panel Shutters: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Cable, 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: 79824.00
  • Income Expenses Annual Total Expense: 13776.00
  • Income Expenses Gross Operating Inc: 93600.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Info: Deposit Last Month, Deposit Security, Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: LAKE WORTH HEIGHTS LT 26 BLK 4
  • Parcel Id: 38434416060040260
  • Possession: At Closing, Funding
  • Special Assessment: No
  • Unit Number: 10
  • View: Other
  • Zoning: SF-R(c
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin