925 S K STREET
Lake Worth Beach, FL 33460
8560 sqft | 0.31 acres | #RX-11071680
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.
Property Details
- Utility FeaturesElectricity Connected, Public Sewer, Public Water
- SubdivisionLAKE WORTH TOWN OF ADD 1
- RoofComposition, Other
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Property TypeMulti-Family
- MLS #RX-11071680
- MLS #RX-11071680
- CountyPalm Beach
- Original List Price$3,680,000
- Property SubtypeQuadruplex
- CoolingElectric
- Taxes Annual$40,542
- Cost3680000
- ZoningSF-R(c
- Lot Size (sqft)13499
- Acres0.31
- Square Feet8560
- Year Built1967
- Stories2
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Rodger P Morelli (#63059403)
Listing Office: RPM LUXE REALTY (#276548028)
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