Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    NO

  • Heating

    None, Central

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony, None

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Garden

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.15

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $1,975,000

  • Tax Amount

    $4,789.86

  • Sq. Footage

    4, 064

  • Price/SqFt

    $485

HOA

  • Association

    No

School District

  • Elementary School

    South Grade

  • Middle School

    Lake Worth

  • High School

    Lake Worth

Property Features

  • Stories

    2

  • New Construction

    YES

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

South Grade

Middle School

Lake Worth

High School

Lake Worth

Listing Courtesy of Beytullah Atmaca , Universal Realty Associates

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Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

129 S K Street

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LAND LAND LAND - Exceptional value-add investment opportunity in the heart of Lake Worth! Situated on an oversized nearly 0.80-acre lot, this income-producing property offers tremendous upside potential for investors, developers, and portfolio builders alike. Professionally managed and positioned on one of the area's largest residential parcels, the property provides ample room for future expansion, additional units, or redevelopment opportunities—potentially allowing occupancy to be doubled.  All units have an additional "spare or flex" room good for an office or for a kid's room!  A unique feature of the property is the existing buried swimming pool, which may be restored and brought back to life, creating additional value and tenant appeal. Adding to the property's long-term desirability, there are currently no future development plans for the lots directly north of the property, helping preserve privacy and open space.  Conveniently located near I-95, Palm Beach International Airport, downtown Lake Worth Beach, and major employment centers, this property offers strong rental demand and excellent accessibility. Residents enjoy proximity to beautiful beaches, John Prince Park, golf courses, boating, shopping, dining, and entertainment. Just minutes away, downtown Lake Worth Beach features vibrant restaurants, art galleries, live music venues, breweries, and year-round community events. The nearby Lake Worth Beach Municipal Golf Course, waterfront parks, fishing piers, and Atlantic Ocean beaches provide endless outdoor recreation opportunities.  Whether you're seeking immediate cash flow, future redevelopment potential, or a long-term hold in a rapidly growing Palm Beach County market, this property presents a rare opportunity with significant upside.
#B26035010

Lake Worth

4537 Coconut Road

None Beds

None Baths

3,920 Sq.Ft.

$1,700,000

MLS#: B26035010

 - property

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