Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.
This property is located in Lake Worth Beach|, a community in Lake Worth Beach, FL. People searching for properties in Lake Worth Beach can use this listing page to review property details, photos, location, pricing, and nearby similar listings.
Lake Worth Beach, FL
Review the map location, nearby community context, and local property details for this Commercial Sale in Lake Worth Beach.
Active
Active
Active
Active
Active
Request more information, schedule a private showing, or ask AmPro Realty about similar properties in Lake Worth Beach.