Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
4,242
Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.3
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,495,000
-
Tax Amount
$23,823.51
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of John Bols , JD Bols & Associates
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