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906 N L St
Lake Worth Beach, FL 33460 Mango Groves

$1,436,558 USD

Apartments For Sale  •  2,553 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,553 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1943
  • Cap Rate 7.71 %
  • Zoning SF-TF-14
0 Transit Score
62 Walk Score

Highlights

This four unit multifamily property consists of 2,553 sq. ft on 6689 sq. ft. of land.
Apartment one is a Studio 1 bath unit, apartment two, is a 2 bedroom 1 bath unit.
Apartment three is a Studio 1 bath unit, apartment four is a two bedroom 1 bath unit.
Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean.

Financial Summary (Actual)

Net Operating Income: $110,824 USD (2023)
Cap Rate: 7.71 %
Total Expenses: $42,845 USD

Amenities

  • Sundeck

Public Transportation

Commuter RailDriveWalkDistance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 1.8 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 6.8 mi
AirportDriveWalkDistance
Palm Beach International 13 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
David Joseph 561-789-7726 The Keyes Company
David Joseph 561-789-7726 The Keyes Company