909 S Street
Lake Worth Beach, FL 33460
4800 sqft | 0.31 acres | #RX-11116432
Description
Renovated quadplex featuring four spacious 2-bedroom, 2-bath units — each approximately 1,200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters.
Located just minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers exceptional rental upside in a high-demand neighborhood.
Features:
~4,800 Total Sq Ft
Concrete block construction
New roofs (2022)
Impact windows & doors throughout
Ample off-street parking
Separately metered electric/water
Potential market rent: $2,300+/month per unit offered at 5.75% cap rate. Ideal for long-term tenants, short-term rental conversion, or 1031 exchange buyers looking for a stabilized, turnkey asset with upside potential.
Possible owner financing with 40% down.
Property Details
- Utility FeaturesPublic Sewer, Public Water
- SubdivisionLAKE WORTH TOWN OF ADD 1
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Property TypeMulti-Family
- RoofComposition
- MLS #RX-11116432
- MLS #RX-11116432
- CountyPalm Beach
- Original List Price$1,350,000
- Property SubtypeQuadruplex
- CoolingCentral
- Taxes Annual$19,695
- Cost1350000
- ZoningSF-R(c
- Lot Size (sqft)13500
- Acres0.31
- Square Feet4800
- Year Built1981
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Robert M Miller (#20010020)
Listing Office: Highland Realty Advisors LLC (#802214)
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