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925 S K St
Lake Worth, FL 33460

$3,680,000 USD

Apartments For Sale • 8,560 SF

Property Details

Property Type Apartments
Total Building Size 8,560 SF
Lot Size 0.32 AC
Building Class C
Year Built 1967
Cap Rate 7.52 %
Zoning SF7

0 Transit Score

64 Walk Score

                
                    Highlights
                
                                Boutique 16-Unit Apartment Building located in East Lake Worth Beach.
                            
                                16 meticulously maintained, highly desirable, Large 1 Bedroom  /  1 Bath units.
                            
                                New Roof in 2018 & solid Concrete Block Construction.
                            
                                Easy rent collection & Seller also easily self-manages the property.
                            
                                16 on-site parking spaces with additional street parking.

Property Flyers

16-Unit Multifamily Building Lake Worth Beach

Financial Summary (Actual)

Net Operating Income: $276,917 USD (2024)

Cap Rate:	7.52 %
Total Expenses:	$71,943 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	1.9 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	11 min	-	5.7 mi
Airport	Drive	Walk	Distance
Palm Beach International	15 min	-	8.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes

Rodger P Morelli, MBA 561-929-7317 RPM Luxe Realty

925 S K St Lake Worth, FL 33460